Trend indicators and RSI (relative strength index) are just some to name. RSI is probably the most popular index signaling if the market is overbought or oversold depending on its value relative to a reference value. These indicators in binary options trading usually function as a rule of thumb and can be very helpful, however, do not always provide the full picture necessary to make an informed decision.There is no way to become successful binary options trader without mastering technical analysis. This important methodology is not to be avoided in trading. It uses past prices data and chart patterns to detect possible paths of the price in the future. Its a forecasting technique not only used in binary options and forex, but all over the finance industry. Its a way to actively manage ones portfolio. It was used since 17 century in the crudest form. In 18th century candlesticks were invented. In the beginning of the 20th century first books appeared, and in 1948 Technical Analysis of Stock Trends was published. The work of Robert D. Edwards and John Magee is considered seminal in the field. Today, technical analysis is applied in modern techniques like auto trading and neural networks predictions. To become a master technician see articles belowFree Signal Alert for USDJPY 2015/10/30 The yen traded mixed.In early trading, the yen strengthened significantly after the Bank of Japan kept unchanged key policy of increasing the money supply by 80 trillion yen a year.The decision of the Bank hellip ContinuedInformation on FairBinaryOptions should not be seen as a recommendation to trade binary options. FairBinaryOptions is not licensed nor authorized to provide advice on investing and related matters. Information on the website is not, nor should it be seen as investment advice. Clients without sufficient knowledge should seek individual advice from an authorized source. Binary options trading entails significant risks and there is a chance that clients lose all of their invested money. Past performance is not a guarantee of future returns.This website is independent of binary brokers featured on it. Before trading with any of the brokers, clients should make sure they understand the risks and check if the broker is licensed and regulated. We recommend choosing an EU regulated broker if you reside within the European Union.24option also offers a free eBook that will introduce you to binary options. Especially new traders that are still having trouble finding out where to begin mastering binary options can use this eBook as the perfect way to learn the basics. The eBook will also teach you the basic of hot to use 24options platform.To make learning binary options even quicker and easier, 24option offers a video center. Videos are categorized in videos for beginners and advanced. In a total of 15 videos you can learn which binary options there are, which advantages they have, and how to manage your risk in the beginner section, and the basic of technical analysis, trends, and candlesticks in the advanced section.Early closure is one of the unique features of 24option that enable a trader to have more control. Early closure enables you to exit a trade before your expiration time has expired and take the profit you have made. This option will reduce your winning percentage, but even a reduced winning percentage is better than a lost trade.OptionMint copy2010-2015 All Rights ReservedThe site is owned and managed by Knsingtn I.P. Limited Saint Vincent, The Financial Services Centre, Stoney Ground, Kingstown, St. Vincent the Grenadines. Reg 1548CTDProcessing services provided by Next Wave Marketing Ltd Winnington House, 2 Woodberry Grove, North Finchley London n12 0DR Reg 9796862Binary option is a deal and to make it you only have to predict price movement of some underlying asset in set timeframe. For example, lets say value of US dollar against Euro will rise or drop in one day timeframe. That is why this option is called binary and traders have only two options expect price to drop or to rise and as you can see it could not be any easier.In fact, situation with core principle of binary option trading is the similar with any other financial markets and it is true as well for any assets: currency, stocks, etc. However, to make deal directly on assets traders need to invest large amount of money and not everyone can afford to trade like this. Binary option is a different story. For example, minimum deposit requirement of our Company is just 5 US dollarsIt does not require to buy asset itself in order to trade option and it is more than enough to buy a contract, which is much cheaper. Hence you can buy an option on stock of large company for 5 US dollars, even though one stock of this company may cost more than 500 US dollars. In other words you can earn on those markets, which were previously unavailable.So lets look more closely at possible profit, which you can get from binary option trading. First of all, it should be noted that profit from binary option is fixed meaning that its amount will be fixed in advance before position opening and you will know exactly how much you can make.If trade is successful then you can get profit from 55 to 1550 (depending on liquidity) of option value that you have previously bought. Lets say you are going to buy option on oil futures at price 200 US dollars and with 80 of profit. You think that oil prices will rise in 30 minutes thus your prediction is up.After half an hour your option expires and your prediction comes true you get profit of 80 or 160 US dollars. Meaning that you have invested 200 US dollars and just in half an hour you get 360 on your account.That was the case with 30 minutes but it can be much faster. You can make the same trade within 30 seconds, which is minimum option expiration time.It is hard to deny that chance to double investment with little effort is a very competitive offer And the most important is the fact that you can calculate all possible risks and benefits before trade will be made so future holds no unpleasant surprise for you.Another great advantage of binary option is its friendliness even if you are absolutely new to binary world you still can trade it. You dont need financial education, expert knowledge or experience on financial markets.