Each individual trader is unique. I have never encountered two traders who see market opportunities in exactly the same way. Every individual trader see the market from his or her own perspective, and this is what creates the market in the end. In this article we will cover trading two specific instruments, the one-touch put and one-touch call, to profit using one one-touch options through combining two different views, that of market volatility and market direction.
When trading this instrument, I use the binary platform at www.optionFair.com. It offers one-touch puts and calls for a wide range of options, including my favorite, which is the Euro vs. US dollar. Currently the rate is about at the 1.3000 level. Perhaps this large figure will spark a significant move in either direction. However, there is sure to be some kind of action at this level as the market decides whether it is at a resistance or support level. [Read more…]