Easiest Deriv Binary Options Touch No Touch Strategy
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Table of Contents
The Touch No Touch trading strategy with Deriv offers a unique approach to binary options trading, allowing you to predict whether the market will reach specific price levels. This strategy, enhanced with the Ichimoku indicator, can yield substantial returns but comes with significant risk.
Understanding Touch No Touch Trading
Touch No Touch trading involves setting a barrier at a specific price level and predicting whether the market will touch or avoid this level within a chosen timeframe. The potential return on these trades can range from 200% to 300%, especially when betting against the market’s direction
Fundamental Trade Setup
- Choosing the Barrier: Set a barrier in the positive or negative range. For instance, if the current market price is $10 and you set a +1.25 barrier with a no-touch option, the no-touch threshold will be $11.25.
- Trade Expiry Time: Select an expiry time ranging from 5 ticks to 365 days. A trade is successful if the market avoids touching the set barrier within this period.
- Stake or Payout: Determine the investment amount per trade or the desired payout upon a successful trade.
Leveraging Ichimoku for Touch No Touch Strategy
The Ichimoku Kinko Hyo indicator provides comprehensive market trend analysis, crucial for Touch No Touch strategies. The Ichimoku cloud, colored green or red, simplifies trend identification:
- Green Cloud: Indicates a bullish trend when the market is above the cloud.
- Red Cloud: Signals a bearish trend when the market is below the cloud.
Executing the Touch Strategy
Enter a touch trade when the price bar or Japanese candlestick closes above or below the Ichimoku cloud. The target is the Chiku span line, represented by an olive-colored line. This lagging span line provides a reference point for setting touch targets.
Executing the No Touch Strategy
For a no-touch trade, enter when the price bar or Japanese candlestick closes above or below the Ichimoku cloud. The no-touch target is set at the cloud’s lower border for a bullish trend and the upper border for a bearish trend.
Success with the Touch No Touch strategy depends on accurately interpreting Ichimoku indicators to validate market trends. Start with smaller trades or practice on a demo account to refine your approach and mitigate risks. With careful application, the Ichimoku indicator can significantly enhance your binary options trading strategy on Deriv.
Trade the above strategy with Deriv
Disclaimer: Deriv offers complex derivatives, such as options and contracts for difference (“CFDs”). These products may not be suitable for all clients, and trading them puts you at risk. Please make sure that you understand the following risks before trading Deriv products: a) you may lose some or all of the money you invest in the trade, b) if your trade involves currency conversion, exchange rates will affect your profit and loss. You should never trade with borrowed money or with money that you cannot afford to lose.
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