There are some trading tools that make it easier for you to trade binary options on indices, a nice tool is the Trading Lines tool, which many of you would definitely find useful for your trades.
An Index can be regarded as an imaginary portfolio of securities representing a particular market or a portion of it. Each index has its own calculation methodology and is usually expressed in terms of a change from a base value. This is why, the percentage change is more important than the actual numeric value.
Indexes tend to trend throughout the day. So, if you are playing the high you would like to see the index break a certain resistance point and then buy a “call” binary option. The likelihood of the index staying above a certain level is highly likely. Indexes have a high chance of trending in one direction for the day. This is the main reason why they are a favorite trading instrument. If your specialty is making money by trading binary options indexes, then finding a broker with the biggest number of assets available may be the most important thing for you to consider.
The information in this analysis is collected from different sources and should serve for informative purposes only. The author shall not be held responsible for the validity of the presented information. No part of this analysis recommends the purchase or sale of a currency pair or any other financial instrument