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60 Seconds

The document outlines a 60-second binary options trading strategy for the Quotex platform, focusing on price action analysis and technical indicators like RSI and Stochastic Oscillator. It emphasizes disciplined entry points, risk management, and the importance of trading during high liquidity sessions while avoiding major news releases. The strategy is not guaranteed to succeed and requires practice, patience, and emotional control.
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100% found this document useful (1 vote)
5K views7 pages

60 Seconds

The document outlines a 60-second binary options trading strategy for the Quotex platform, focusing on price action analysis and technical indicators like RSI and Stochastic Oscillator. It emphasizes disciplined entry points, risk management, and the importance of trading during high liquidity sessions while avoiding major news releases. The strategy is not guaranteed to succeed and requires practice, patience, and emotional control.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

60-SECOND BINARY OPTIONS STRATEGY FOR

QUOTEX

Overview

This strategy combines price action analysis with


technical indicators to identify high-probability trades in
a 1-minute timeframe. It emphasizes quick decision-
making, disciplined entry points, and strict risk
management. The goal is to capitalize on short-term price
movements while minimizing losses.

Tools and Setup

1. Platform: Quotex (use a demo account to practice).


2. Timeframe: 1-minute chart (each candlestick
represents 1 minute).
3. Indicators:
o Relative Strength Index (RSI): Set to 14

periods, with overbought (70) and oversold (30)


levels.
o Moving Average (SMA): Simple Moving
Average, period 50, to identify trend direction.
o Stochastic Oscillator: Settings (14, 3, 3) to

confirm momentum.
4. Assets: Choose highly volatile pairs like GBP/USD,
EUR/USD, or major indices, as they tend to move
more in short timeframes.
5. Support and Resistance: Manually draw key support
and resistance levels on the chart using Quotex’s line
tools.

Strategy Steps

1. Identify the Trend:


o Use the 50-period SMA to determine the trend.

If the price is above the SMA and candles are


forming higher highs, it’s an uptrend. If below
with lower lows, it’s a downtrend.
o Avoid trading in choppy, sideways markets

unless clear support/resistance levels are


respected.
2. Look for Price Action Signals:
o Focus on candlestick patterns like pin bars,

engulfing patterns, or doji candles near


support or resistance levels.
o Example: A bullish pin bar (long lower wick, small

body) at a support level in an uptrend suggests


a potential upward move.
o Example: A bearish engulfing pattern (large red

candle covering a smaller green candle) at


resistance in a downtrend signals a potential
drop.
3. Confirm with Indicators:
o RSI: Look for RSI in neutral zones (40–60) or

recovering from oversold/overbought. Avoid


trades when RSI is extreme (above 70 or below
30) unless a reversal pattern is clear.
o Stochastic Oscillator: Check for crossovers in

the neutral zone (20–80). A bullish crossover


(fast line crossing above slow line) in an uptrend
supports a call option. A bearish crossover in a
downtrend supports a put option.
o Ensure indicators align with the price action

signal. If they contradict (e.g., bullish pin bar but


RSI overbought), skip the trade.
4. Entry Rules:
o UP Option: Enter a 60-second Up option when:

 A bullish candlestick pattern (e.g., pin bar,

bullish engulfing) forms at support.


 Price is above the 50 SMA (uptrend).

 Stochastic shows a bullish crossover, and

RSI is not overbought.


o Down Option: Enter a 60-second Down option

when:
 A bearish candlestick pattern (e.g., bearish

engulfing, shooting star) forms at


resistance.
 Price is below the 50 SMA (downtrend).

 Stochastic shows a bearish crossover, and

RSI is not oversold.


o Enter trades only at the close of the signal candle

to avoid false signals.


5. Timing:
o Trade during high-liquidity sessions (e.g.,
London or New York session overlap) to avoid
erratic price moves.
o Avoid trading during major news releases, as 60-
second trades are highly sensitive to volatility
spikes.

Risk Management

 Trade Size: Risk only 1–2% of your account per


trade. For a $1,000 account, this means $10–$20 per
trade.
 Daily Limit: Stop trading after 2–3 losses in a session
or after reaching a set profit target (e.g., 5–10% of
account).
 Avoid Martingale: Doubling your trade size after a
loss (e.g., MTG as mentioned in some sources) is risky
and can wipe out your account.
 Demo Practice: Spend at least 1–2 months testing
this strategy on Quotex’s demo account to track win
rate and refine entries.

Example Trade

 Scenario: GBP/USD, 1-minute chart, price above 50


SMA (uptrend), approaching a support level at
1.3050.
 Signal: A bullish pin bar forms at 1.3050, with a long
lower wick rejecting the support.
 Confirmation: RSI at 45 (neutral), Stochastic shows
a bullish crossover.
 Action: Place a 60-second Up Direction at the close
of the pin bar candle.
 Outcome: If the next candle closes higher, the trade
wins. If it closes lower, accept the loss and move on.

Why This Isn’t “Sure Shot”

 Market Noise: 60-second charts have high


randomness, making precise predictions difficult.
Even strong signals can fail due to sudden price
spikes.
 Broker Risks: Some brokers may manipulate
payouts or execution, though Quotex is generally
reputable.
 Emotional Discipline: Fast-paced trading can lead
to overtrading or revenge trading, causing losses.
 No 100% Accuracy: Sources claiming “100%
winning” patterns (e.g.,,) are unrealistic. Historical
data shows no strategy achieves perfect accuracy
due to market dynamics.

Tips for Success

 Backtest: Use Quotex’s demo account to test this


strategy on historical data. Aim for a win rate of 60–
70% over 100 trades before going live.
 Journal Trades: Record every trade (entry, exit,
outcome, reason) to identify patterns in your
performance.
 Stay Updated: Monitor economic calendars to avoid
trading during high-impact news.
 Learn Continuously: Study candlestick patterns and
indicator behavior to improve your analysis.

Warnings

 High Risk: 60-second binary options have lower


payouts (often 70–85%) and higher risk compared to
longer expiries. Losses can accumulate quickly.
 Scams: Be cautious of sources promising “sure shot”
patterns or bots with “90% accuracy” (e.g.,,). These
often lack verifiable evidence and may be marketing
ploys.
 Emotional Control: The fast pace of 60-second
trading can be addictive. Stick to a plan and avoid
impulsive trades.

Final Thoughts

This strategy leverages price action, support/resistance,


and indicators like RSI and Stochastic to improve your
odds in 60-second Quotex trades. However, it’s not
foolproof, and success requires practice, patience, and
discipline. Start with a demo account, manage your risk,
and avoid chasing “guaranteed” wins. If you want to
explore specific patterns (e.g., engulfing, cup and handle)
or need help setting up indicators, let me know, and I can
dive deeper!

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