Produktbild: Trading Binary Options

Trading Binary Options Strategies and Tactics

Aus der Reihe Bloomberg Professional

Fr. 102.00

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Beschreibung

Produktdetails

Einband

Gebundene Ausgabe

Erscheinungsdatum

01.12.2011

Verlag

John Wiley & Sons Inc

Seitenzahl

256

Maße (L/B/H)

23.5/16.1/2.3 cm

Gewicht

471 g

Auflage

1. Auflage

Sprache

Englisch

ISBN

978-0-470-95284-9

Beschreibung

Produktdetails

Einband

Gebundene Ausgabe

Erscheinungsdatum

01.12.2011

Verlag

John Wiley & Sons Inc

Seitenzahl

256

Maße (L/B/H)

23.5/16.1/2.3 cm

Gewicht

471 g

Auflage

1. Auflage

Sprache

Englisch

ISBN

978-0-470-95284-9

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Die Leseprobe wird geladen.
  • Produktbild: Trading Binary Options
  • Foreword xi

    Preface xiii

    Acknowledgments xv

    INTRODUCTION

    What Are Binary Options and Why Are They Important? 1

    Nadex versus CBOT Binaries 4

    References 5

    CHAPTER 1

    Key Features of a Binary Option Contract 7

    Defi ning the Key Features 7

    Strike Price versus Underlying Market Price 8

    Currency Pairs as an Underlying Market 11

    Moneyness 11

    Moneyness and Trader Direction 12

    The Role of a Market Maker 14

    Sample Bid Ask at Nadex 17

    CHAPTER 2

    Profit Opportunities in Binary Option Trading 19

    Expected Probabilities 19

    Winning Occurrence Analysis 23

    CHAPTER 3

    Sentiment Analysis: The New Predictive Tools 27

    Defi ning Sentiment 27

    Applying Sentiment Detection Tools 32

    References 41

    CHAPTER 4

    Tracking Economic Forces that Impact Markets 43

    The Fundamental Forces 44

    Correlations Involving Binary Markets 47

    Fear and the U.S. Dollar 52

    Foreign Ownership of U.S. Treasuries 58

    Crude Oil 59

    Implications of Historic Commodity Plunge 60

    Carry Trade and Interest Rate Differentials 63

    Central Bankers Move the Markets 65

    Evaluating Currency Pairs 66

    Using an Economic Calendar as Trading Tool 67

    CHAPTER 5

    Basic Technical Analysis 69

    Key Candlestick Patterns 69

    Trend Lines 74

    Support and Resistance 77

    Confi rming Strength with Price Break Charts 82

    Key Patterns for Trading Analysis 89

    Fibonacci Resistance Lines 94

    References 97

    CHAPTER 6

    Advanced Technical Analysis: Volatility Tools 99

    Defi ning Volatility 99

    Bollinger Bands 100

    VIX: The Fear Index 110

    Option Volatility and Sentiment: Put/Call Ratios 116

    Volatility Smiles 119

    Cycles as Trading Tools 124

    Reviewing the Tools 126

    CHAPTER 7

    General Binary Option Trading Strategies 127

    Core Strategies 127

    Examples for Strategy Selection 129

    Combination Strategies 149

    References 151

    CHAPTER 8

    Strategies for Analyzing Event Risks 153

    Key Steps in Analyzing Event Risks 157

    Putting Strategies and Tactics Together: Timing and Managing Trades 161

    Intermarket Uses of Binary Options 163

    A Word on Intraday Strategies 164

    References 164

    CHAPTER 9

    Risk Management in Theory and Practice 167

    Deal or No Deal? 168

    The Confidence Index 168

    Lot Size Management 169

    Offsetting Trades: Failing Forward 170

    Leverage and Margin 171

    References 171

    CHAPTER 10

    Evaluating and Improving Trading Performance 173

    Key Performance Metrics 173

    Strategy Scorecard 176

    Performance Challenges 177

    Analytical Challenges 179

    Know Your Trading Personality 181

    Targeting Total Returns 182

    CHAPTER 11

    Algorithmic Approaches for Binary Option Trading 187

    What Is Algorithmic Trading? 187

    Advantages and Disadvantages of Automated Trading 187

    Developing a Trading System 188

    Evolving Your Approach 190

    CONCLUSION

    The Future of Binary Option Trading 193

    Appendix A: Test Your Knowledge 195

    Appendix B: More Training Tools and Tests 205

    Appendix C: Nadex Contract Specifications 207

    Appendix D: Examples of Cycles in Binary Option

    Underlying Markets 215

    About the Author 221

    Index 223