Hello, I have the following questions:
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Under what circumstances should one use the strangles on the 20 minute binaries?
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What times of the day are best for using them?
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What should one look for in the market before buying a strangle on 20 minute binary?
Thanks
Seems the main factor would be volume.
THINK , i saw some where that if you can get them cheap enough say 20.00 max. The one that expires ITM would pay for the losing one. Maybe set a TP for $60.00 or so. TP must always pay for both, and include a profit.
http://apexinvesting.net/forum/nadex-binaries-webinars-245/nadex-binary-strangles-20-minute-contracts-2707.html#post8522
Also you can search binary strangle webinar to see more.
Expected Range combined with Expected Volume are needed to know when to look at trading them as you want volume to be above expectations (real futures fx volume) and rising in order for them to exceed the expectated move that will be needed for a profit.
See study indicators to learn more about expecteed volume and expected range.