Most binary options traders are based on their own system to predict future market movement, but other traders seek the effectiveness of a signaling service. Trading using a signaling service has become a popular way to trade binary options.

What Information is Included in a Binary Options Signal

Binary options signals may target any kind of financial-traded assets, including Forex currencies, Shares, Indices and Commodities. A binary options trading signal contains the following information:

1) A financial asset which is identified to be in oversold or in overbought price levels

2) A strike price to buy it

3) A target price

4) The duration of the contract (expiry time)

How much a Binary Options Signals Service Cost

A signaling service may be offered for free or even cost hundreds of USD monthly in subscriptions. Usually paid binary options signals to cost about 60-100 USD per month.

► Find here how you can create your own custom Binary Trading Signals

How the Binary Options Signals are Delivered to Traders

Binary Options trading signals are delivered using many different channels, for example:

1) Trading Signals using SMS text

2) Signals sent to an e-mail account

3) Signals delivered through social media (mainly Twitter)

4) Signals delivered via Phone

How Binary Options Signals can be Generated?

In general, binary options signals are generated by using specific technical analysis software. Paid binary options signals are usually generated by owned technical analysis systems that are supervised by humans. The software indicates the possibility that a number of price movements will occur, regarding many different financial markets. A human who acts as a controller is able to choose the most interesting of these trading propositions and after he delivers them to subscribers.

Free Trading Signals Generated by the News

News and new market developments may provide valuable trading signals for binary options traders. The news is available online without any charge. Analyzing the impact of news can lead to predicting future price movement. There are many advantages when using the news as a signal source. The great disadvantage is timing. The important news is released in a specific time and news-traders may have to wait for weeks until o good trading opportunity arise. Furthermore, using the ‘news’ to trade means that you are aware of the core mechanisms of the world’s financial markets and that you are able to analyze any macroeconomic figures. Usually, traders are using an online calendar to find out about what the market is expecting for every upcoming news release.

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