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This is the first tutorial I made using the new and improved beeoptions
platform. There are alot of wonderful new features on beeoptions 2.0.
For one, the charts are greatly improvednot only in size and detail,
but in speed and functionality. I used to have to open up other sites, like
Netdania.com, to get all the information I needed. But, now its all available right on the beeoptions website.All I have to do is select a longer
time period from the buttons along the top of the chartthis gives me a
better picture of how an asset is doing over a longer term, which makes
it easier to predict trends. I found that, most of the time, looking at a period of 4 hours was enough for my analysis.
In this tutorial, I focus on classic High/Low trades. But there are new
types of trades as well! In the 60 Second platform, there are now 30
Second and 2 minute trades. On the other hand, there are Long Term
trades, which can take place over a few days. There is also the new Pairs
trading feature which allows you to compare two different assets and
choose which one will come out on top. All trading tools now feature
four different trade views, which allow you to view up to 16 trades at
one.
Overall, Im very happy with the new platform, and Im sure you will be
as well. Enjoy this tutorial and happy trading!
4 Hour Chart
Profit: $42.50
4 Hour Chart
[$ 127.50]
The AUD/USD has a nice fall but not for long enough.
I found the price of AUD/USD falling quite sharply and, after checking the 4 hour chart,
I saw it had ample room to continue. I bought a Put 10 minutes before expirythe pair continued to drop, but 3 minutes later it jumped back up and then kept dangling excruciatingly
on my win/lose level. I ended up losing in the last 2 seconds! The only consolation is that
sometimes the unexpected trend reversal happens in your favor.
4 Hour Chart
Lost: $50
4
[$ 77.50]
This was a late capture, a few seconds after buying. The real amount was $100.
4 Hour Chart
Profit: $81
[$ 158.50]
The price of Gold showed a consistent upwards trend all day long (see the 4 Hour Chart),
characterized by sudden long spikes that were followed by slow descents. One of those long
spikes started while I was watching, so I hurried and bought a Call option 9 minutes before
expiry. Its very important to buy as early as possible when you see a spike and youre sure
the trend is clear. Gold continued to rise beautifully and I won once again!.
4 Hour Chart
Profit: $80
[$ 238.50]
A close win.
The price of AUD/USD was going up, leveled for a few minutes and then started to climb again.
The general trend (see the 4 Hour Chart) was upward and the current pattern of behavior pointed to a rise. So I bought a Call 6 minutes before expiration. It went upuntil the last two minutes
where it started a strong descent that sagged my spirit in the same way. The ending position was
so close that only the new feature called Expiry Chart could show what happened in those fateful
last seconds. Simply look below the trading area and click Expired Positions. In the end, I won
by an incredibly small margin!
4 Hour Chart
Expiry Chart
I won by $ 0.00001!
Profit: $80
[$ 238.50]
7
4 Hour Chart
Lost: $50
[$ 268.50]
4 Hour Chart
Profit: $40
9
[$ 308.50]
4 Hour Chart
Profit: $81
10
[$ 389.50]
4 Hour Chart
Profit: $127.50
11
[$ 517]
4 Hour Chart
Expiration Chart
Lost: $ 100
[$ 417]
12
SUMMARY OF OPERATIONS
Total trades:
11
High/Low:
Total won:
Total invested:
$ 750
Total won
Total lost:
Total invested:
$ 200
Total lost:
13
11
$617
$200