The Best Binary Options Pivot Trading Pattern

By | September 13, 2015

Let’s be honest with ourselves, finding a long-term effective trading pattern that proves to be effective and consistent can be hard to come by this day and age.  This issue solely is due to one reason and one reason alone which can be better explained by saying that the markets are constantly evolving.  No one day is the same as any previous day, which is kind of the wonder within the investment industry.  With this truth in mind it is imperative that we, as investors, take the time to backtest every trading pattern that we may come across with before actually implementing it with your live trading account.  Which is why today we will be covering one of the most effective binary option trading patterns that has proven effective for myself time and time again.

Binary Options Pivot Pattern by Tim Lanoue

As many of you most likely insinuated by the title of this article we will be using a technical analysis based trading pattern that does require the use of pivot points.  So having access to a reputable charting solution is essential; some recommended charting solutions that you could consider using would be MetaTrader4, MetaTrader5, thinkorswim, or Free Stock Charts.  Moving forward, once you have your charting solution up and running then the next step that you need to complete would be to add the Pivot Point indicator into your charting solution.  One note to keep in mind as well with the Pivot Point indicator would be that it changes automatically depending on the time frame you select so you won’t need to edit the settings.

Once you have completed that you can consider using one of two timeframes to watch your targeted asset.  The first time frame would be a period of 15 minutes while the second time frame would be a period of 4 hours.  When using a 15 minute time frame it is imperative to remember that we use an End-Of-Day expiry while on the other hand if we are using a 4 hour time frame then we need to make sure we use an End-Of-Week expiry time.  The next step that needs to be completed now would be to select a currency pair as your asset of choice.  It truly doesn’t matter which currency pairs you choose to invest with you just want to make sure that the trend of the asset is crossing pivot point levels.

In order for a signal to be generated we are waiting for only one occurrence to happen which would be the formation of a Shooting Star candlestick through a Pivot Point level. Once this has occurred then we place a PUT investment that is appropriate with the time frame.

This trading pattern doesn’t produce quite the volume of trades as some of the other patterns that I have posted on here but that doesn’t mean you can’t apply this pattern to 4 or 5 different currency pairs for more opportunities.  Now one of the best advantages about this trading pattern would be that it doesn’t matter what time of day you choose to invest with, all you want to make sure of would be that the targeted assets are intertwining with Pivot Point levels.

As always if you guys have questions or feedback regarding this binary options trading pattern please feel free to leave your question and comments below and I will answer each and everyone of them!  To conclude, for those of you who found this article beneficial and would like the opportunity to become part of something great then please feel free to become part of our Facebook Signals Group.  We offer a friendly learning environment followed by many incentives that can make you great online income!

23 thoughts on “The Best Binary Options Pivot Trading Pattern

  1. Mirrella

    Hi Tim

    The screenshots no longer display on this website and I would very much like to see the examples given in this strategy. Can they be found elsewhere?

    Thank you.

    Reply
  2. Binary Watcher

    Looks interesting. I hope that I can earn on this strategy in the long-term.

    Reply
  3. AlGeorge

    Hi Tim,

    This looks like a very interesting longer trade strategy and I think I’m going to paper trade this over the next week or two on a couple of currency pairs to see If I can get used to catching the signals along with my normal trading.

    Yet again, you’ve explained this in a way that is easy and simple to follow (so much so even I can get it! Lol) you’ve got some other great strategy article’s up as well which have helped me along my journey in the world of binary, so a massive thank you from myself for all of the help you’ve given me along the way. Please keep up the fantastic work, May God bless & peace out brother 🙂

    Reply
  4. Andrew

    It looks like a really a great strategy. Thank you, Tim, for sharing this valuable info =)

    Reply
  5. Frank Ernst

    Good idea Tim, Pivots are always a great choice for longterm trades, if you use it for Forex or for Binary Options. After making a 6 month backtest on mt4 strategytester I had a result on an average of 75 % with 5 different pairs. On both timeframes and expiry times like Tim’s strategy. I was testing it also with call options with the opposit formation the hammer after a downtrend at Pivot-touch and the result was slightly deeper than 75 % but still over 70 %. It is a good option to make trades with longterm expiries, enough time to look for the best entires. You can do this while you’re watching the trading signals in the group. For the peoples who are using MT4 platforms I have uploaded the Pivot indicator I use. It is a daily pivot like Tim shows on his freestockcharts platform and it has an sound alert so you don’t miss when price touching the pivotline. Sorry, I guess I can’t post the downloadlink here, may Tim can help?:)

    Reply
  6. david atallah

    Thank you tim..i will try your strategy on paper for a while…Thank you for your efforts…

    Reply
  7. Sam

    Well done Tim! Thank you for sharing! Pivot points are very effective to identify turning points and I love the fact that you combined it with a shooting star/ hammer candlestick pattern. It makes it even better! This is the type of great trading information that I constantly get from Mike’s Facebook group and it really makes a big difference in how I trade.

    Reply
  8. Ban Classic

    Great one Tim.

    This strategy will help developing more excellent traders for our beloved group and this will benefit all the members of the group.

    Thank You

    Reply
  9. Beth

    Thanks Tim. Once again a well explained strategy for longer term trades which gives much more flexibility for trading if following traders is sometimes a problem because of time zones! Thanks Mike for posting.

    Reply
  10. Oscar Pimentel

    Great strategy by our friend Tim, easy and profitable strategy. You can also read the rest of strategies they have here, really helps you understand the basics of binary options.

    Reply
  11. Lau Theng Foong

    A great strategy as always,Tim.Clear and simple to understand makes it easier for us to apply the strategy. Thanks Mike and Tim for this wonderful strategy and look forward to apply it in trading.Cheers 🙂

    Reply
  12. Tim Lanoue

    Hey Guys!
    Thank you very much for your support, it truly means the world for me! Now to answer some of your questions! 😀

    Aaron Thomas: Depending on the charting solution that you are using I am not really sure where you can find our Pivot Point indicator. I know http://www.freestockcharts.com is a reputable charting solution and already has the Pivot Point indicator included so you won’t have to download anything into your charting solution.

    Reuven: Way to go old school there and look up the very definition, I love the work ethic. Moving forward, the way that I have usually invested Shooting Star formations in the past would be make sure the formation occurred during a bullish trend, I didn’t worry about any of the other perimeters honestly. To me the Shooting Star candlestick is a common yet effective Japanese Candlestick formation that when invested correctly is quite accurate. But since we are using the Pivot Point indicator that to help us identify various support and resistance levels I just wait for the formation of our Shooting Star candlestick to cross through a Pivot Point level and then I place my investment.

    Deepak: Make sure to use End-OF-Day till sessions end expiry times! No, it does not matter what time of day but I do recommend using it during the New York or Tokyo trading session.

    Hope this helped to answer your questions!
    Have a great rest of your weekend everyone.

    Reply
  13. Phillip Harvey

    I like these guys for their facebook signals… But what I really like is the fact that they are always shaing new and different types of strategies for you to try. That works for me because I work a lot and don’t always have time to follow their signals. The trading strats allow you to look for your own signals within your own time.

    Reply
  14. Mohd Najib Mohd Amin

    Another great strategy from u Tim..well done!!.For sure, i will apply it and learn..thanks for sharing to us another precious educational Tim!

    Reply
  15. Deepak

    Hi Mike and Tim thanks for another very useful and educational information helps us novice to better understand what trading is about.I have a question Can you please tell me what end of the expiry should we choose the last expiry time available on the brokers platform or end of day till session ends?? Also does it matter at what time you enter the trade regardless of when the signal occured during the day??

    Reply
  16. Dave Kalidason

    As always another GREAT STRATEGY from Tim Lanoue. Pivots are usually quite responsive to price action.. i’ve used pivots to trade on the BOUNCE (or retracements) for months now. But i’ve not tried it on Binary. But now with Tim’s strategy, i think these pivots could be effective with BINARY also. After reading this article, i actualy backtested this on MT4 and its quite accurate. I did get around 80% ITM (with backtesting). And so i think Tim has nailed it with this startegy for Binary. I look forward to incorporate this strategy with my daily trades. Thanks Tim.

    Reply
  17. Waheed Akhtar

    Dear Michael and Tim,
    I am very delighted to share my comments about strategies resources on Michael’s website. I am old reader of Michael’s website and specially Tim’s strategies. After studying Time’s strategies, i devised a Binary option system that is producing very excellent results.This Pivot point strategies is another excellent addition of my system as well as general traders. As we all traders know that pivot points are the oldest and one of the best technical analysis tool in which Market touch an bounce/reverse. I like this strategy and give Michael and Tim full Marks 🙂

    Reply
  18. Reuven

    Thank you Tim, quite interesting.

    From investopedia :

    DEFINITION of ‘Shooting Star’

    A type of candlestick formation that results when a security’s price, at some point during the day, advances well above the opening price but closes lower than the opening price.

    In order for a candlestick to be considered a shooting star, the formation must be on an upward or bullish trend.
    Furthermore, the distance between the highest price for the day and the opening price must be more than twice as large as the shooting star’s body.
    Finally, the distance between the lowest price for the day and the closing price must be very small or nonexistent.

    Please clarify do you mean in your strategy all the above conditions have to be satisfied or there are deviations.

    Thank you, great idea.

    Reply
  19. F.Garretsen

    This strategy looks very promising and isn’t too hard to apply and practice for newbies like me.

    The 75% succes rate also looks very good, thank you Tim Lanoue for teaching us this strategy!

    Reply
  20. Aaron Thomas

    Thanks for sharing this strategy. Where can we download the Pivot Indicator you use with this strategy?

    Reply
  21. Liu Jun Haw

    Thank you Tim for this wonderful binary options strategy! The indicator used in this strategy is easy to follow, I think this will definitely generate me a decent amount of profits. As suggested by Tim, a success rate of 75% and above will give me an extra income by trading binary options.

    Reply

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