I’m still figuring out how to properly combine a signal with my own strategy instead of pressing the button immediately after receiving a notification. For several weeks, I’ve been looking at setups on the one-minute chart; most often, I follow the trend direction and wait for confirmation from a candlestick. But sometimes the signal arrives right at the end of the move, so the entry is driven more by emotions than by my plan.
I tried adding a simple check of the levels and not opening a position if there was too little room before the nearest resistance. I feel more at ease now, although there are noticeably fewer trades. Now I’m wondering what’s better: one clear setup with a filter or a combination of two or three conditions. I’m specifically interested in binary options strategies with signals—how do you decide when a signal is worth skipping? Does it make sense to keep separate statistics by time of day and currency pair? Damn, until I figure this out, I constantly feel like checking every new signal.
I tried adding a simple check of the levels and not opening a position if there was too little room before the nearest resistance. I feel more at ease now, although there are noticeably fewer trades. Now I’m wondering what’s better: one clear setup with a filter or a combination of two or three conditions. I’m specifically interested in binary options strategies with signals—how do you decide when a signal is worth skipping? Does it make sense to keep separate statistics by time of day and currency pair? Damn, until I figure this out, I constantly feel like checking every new signal.