Binary options work on short time frames. In such a fast-paced environment you need a concrete plan to know what to invest in, when to invest, and which type of binary option to use. This plan is your trading strategy, allowing you to constantly make money over a long period of time. With your trading strategy, you can find trading opportunities and decide how to capitalize on these opportunities.
The foundation for your trading strategy is technical analysis. Technical analysis allows you to find trading opportunities for every asset, even if you have never heard about it before. There is almost an endless possibility of strategies based on technical analysis. To provide you with a starting point, here are some of the most popular trading strategies: