Best Trading Strategy For Pocket Option
However, success in Pocket Option trading is heavily dependent on implementing a strategic approach. In this comprehensive guide, we present the best trading strategy for Pocket Option that maximizes profitability, manages risk effectively, and works consistently across various market conditions.
Understanding Pocket Option Trading Basics
Before we delve into the core of our strategy, it's crucial to understand how binary options trading works on Pocket Option.If the prediction is correct, they gain a fixed profit, usually between 70-95%. If not, they lose the trade.
Best Strategy: Price Action + RSI Confirmation
Our tested and proven Pocket Option trading strategy combines price action and RSI (Relative Strength Index) confirmation. This strategy minimizes false signals and provides higher win accuracy.
Step 1: Use the Right Timeframe and Chart Setup
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Chart Type: Candlestick
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Timeframe: 1-Minute or 5-Minute
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Trade Duration: 1 to 3 Minutes (for scalping) or 5 to 15 Minutes (for steady trades)
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Indicators to Add:
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RSI (Period 14): Levels at 70 and 30
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Support and Resistance Lines: Manually plotted for key zones
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The timeframe you select should align with your trade duration. Shorter timeframes provide more opportunities, while higher timeframes give stronger signals.
Step 2: Identify Key Support and Resistance Zones
These are your decision zones. The idea is to wait for price to approach these levels and react accordingly.
Step 3: Wait for Candlestick Confirmation
Once price touches a support/resistance zone:
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Look for candlestick patterns like:
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Pin Bar
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Engulfing Candle
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Doji
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These patterns suggest that price is likely to reverse.
Step 4: Confirm with RSI
Before entering the trade, check the RSI:
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Overbought Zone (above 70): Look for sell opportunity.
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Oversold Zone (below 30): Look for buy opportunity.
Only enter the trade if both price action and RSI confirm the move.
Step 5: Place the Trade
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If price hits resistance, forms a bearish candlestick, and RSI is above 70 → Enter a PUT trade
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If price hits support, forms a bullish candlestick, and RSI is below 30 → Enter a CALL trade
This confirmation filter increases the win ratio significantly compared to trading with price action alone.
Risk Management is Key
A winning strategy means nothing without proper risk management. Use these principles:
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Use the Martingale method cautiously, and only if you're experienced.
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Set daily loss limits to protect capital.
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Avoid trading during high-impact news events unless you're using a news-based strategy.
Keeping your emotions in check and avoiding revenge trading are also critical aspects of long-term success.
Ideal Trading Hours for Pocket Option
Timing matters significantly in binary options. The best trading hours depend on your asset of choice:
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Forex pairs: Trade during London and New York sessions (8 AM - 12 PM EST)
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Stocks and indices: Trade during respective stock exchange hours
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Avoid weekends, late nights, and holidays, as they bring lower liquidity and erratic movements.
Stick to periods of high volume for better signal strength and faster price movements.
Common Mistakes to Avoid in Pocket Option Trading
To improve your winning rate, avoid these frequent errors:
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Overtrading: More trades don’t equal more profit.
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Ignoring confirmation signals: Always wait for RSI and price action alignment.
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Poor money management: Blowing your account due to greed or frustration is common among beginners.
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Lack of backtesting: Every strategy should be tested before live trading.
Advanced Tips for Better Results
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Use demo account to test your strategy.
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Combine multiple indicators (like MACD or Bollinger Bands) for stronger confirmation.
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Join Pocket Option tournaments to practice under pressure and win bonuses.
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Participate in community discussions to stay updated and gain new insights.
Strategy Recap: Entry Checklist
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Price at key support/resistance zone
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Valid candlestick pattern
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RSI confirmation
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Trade in high liquidity hours
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Apply money management rules
This high-probability strategy minimizes risk and optimizes entries for consistent returns on Pocket Option.
Conclusion: Why This Strategy Works
The fusion of technical indicators and price action creates a robust, data-driven system that works across various market conditions. By waiting for confirmation and applying disciplined risk management, this strategy can lead to profitable and sustainable trading on Pocket Option.
Remember, no strategy guarantees 100% wins. But this approach, when followed precisely, delivers an edge over random or impulsive trading.
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