BO Turbo Trader Price Action Guide for Binary Options Turbo Trading (3rd Edition - 09.04.2018) PREFACE This ebook was created as additional educational material to the provided videos on BO Turbo Trader Youtube Channel. This ebook is only to use in combination of those above mentioned videos to understand every concept provided on every page of this ebook. At top of every page you find a link to the specific youtube video of the topic of the page. If you need to get in touch with me you can find contact details at the last page of this ebook. Further i want to thank all those who motivated me doing first of all the videos and further this ebook, my family, my dog, my subscriber, my fanboys, my hater and all those from iq option chat, they know about who i’m talking. This ebook is a property of BO Turbo Trader. It’s FREE to share but no part of it should be altered or reproduced. © 2018 BO Turbo Trader, All Rights Reserved BO Turbo Trader Price Action Guide for Binary Options Turbo Trading CONTENT Page 4-11 Mindset for consistent profits Page 13-27 Candlestick patterns Page 29-36 Chart patterns Page 38-48 Binary options turbo trading concepts Page 50-52 High probability trading setups © 2018 BO Turbo Trader, All Rights Reserved BO Turbo Trader Price Action Guide for Binary Options Turbo Trading RELATED VIDEOS Deep explanation price action Price action trading Mindset for consistent profits Live trading sessions Best reversal strategies Best continuation strategies Support and Resistance Best indicators Best candlestick patterns Best binary options strategies Money management strategies Real account trading High probability trading setups © 2018 BO Turbo Trader, All Rights Reserved BO Turbo Trader Price Action Guide for Binary Options Turbo Trading MINDSET FOR CONSISTENT PROFITS CONTACTS [email protected] Facebook boturbotrader (blogspot) boturbotrader(youtube) @boturbotrader Facebook Group boturbotrader (tumblr) DISCLAIMER This ebook is not an investment advice. Your invested capital may be at risk and don’t trade with money you can’t afford to lose. © 2018 BO Turbo Trader, All Rights Reserved Mindset for consistent profits - BO Turbo Trader watch the corresponding video here Consistent Profit Practice on Win Rate or Win Discipline Money +high discipline because lost lot of money Emotions Demo Account Ratio Management +enters at the right time because of skil good win rate, good skill good +trades only that what he set +knows when to stop exactly +cares about market condition 50% of the and strict money management + less than 10 000$ on demo up in his rules +knows exactly the bet size win , good discipline balance + he trades as less as +to get as fast as necessary to his +cares about news releases + bet size below 1 $ and more possible and leaves the goal +cares about payout percentage EMOTIONS + less number of trades market + don’t be affected by emotions +cares about bet size + less times on demo average +doesn’t change anymore his + great discipline +strict money management RESULT: CONFIDENCE trading style or strategy + great skill +cares about quantity as less as possible OVERCOMES EMOTIONS +takes completely the + great win rate +cares a lot of the quality trades responsibility +avoid a lot of trades which are not good +don’t need confirmation from +is not affected by emotions - cause he no one and don’t listen to no knows win ratio one +takes responsibility +doesn’t believe anyone or +has no fear tries nothing without any +don’t does multiple bets proof + bet and then calm down do another + good win rate for his + does avoid trading emotionally strategy or trading style or money management © 2018 BO Turbo Trader, All Rights Reserved Mindset: How to trade binary options for consistent profit & returns (Practice) the right way - BO Turbo Trader watch the corresponding video here LOW SKILL MEDIUM SKILL HIGH SKILL Newbie Trader Pro Trader Average Trader + More than 100 000 $ on demo balance + less than 10 000$ on demo balance + bet size above 100 $ and more + less than 100 000$ on demo balance + bet size below 1 $ and more + a lot of trades + bet size below 100 $ and more + less number of trades + trades on demo all the day + medium number of trades + less times on demo average + trades on demo average Practice Money Consistent Profits Real QUIT © 2018 BO Turbo Trader, All Rights Reserved Mindset: How to trade binary options for consistent profit & returns (Win Rate) the right way - BO Turbo Trader watch the corresponding video here LOW WIN RATE MEDIUM WIN RATE HIGH WIN RATE Newbie Trader Average Trader Pro Trader +trades every signal and strategy +only moderate signals +trades only that what he set up in his rules +trades too much +he changes only a bit hit strategy or trading style + he trades as less as possible and leaves the market +changes often his indicators +change his indicator only few +does not change anymore his trading style or strategy +doesn't care win ratio +takes responsibility not completely +takes completely the responsibility +doesn't take responsibility +need not more confirmation build some kind of +don't need confirmation from nobody and doesn't listen to nobody +blames everyone else not himself confidence +does not believe anyone or tries nothing without any proof +need confirmation from others +don’t anymore everyone and doesn't everything - what + good win rate for his strategy or trading style or money management +believe everyone and tries everything sounds logic +he cares win rate - has no idea how to increase Practice Time + Knowledge + Discipline Real Win Rate QUIT © 2018 BO Turbo Trader, All Rights Reserved Mindset: How to trade binary options for consistent profit & returns (Discipline) the right way - BO Turbo Trader watch the corresponding video here LOW DISCIPLINE MEDIUM DISCIPLINE HIGH DISCIPLINE Pro Trader Newbie Trader Average Trader +high discipline because lost lot of money +low discipline because nothing loose and demo +medium discipline because he already lost money +enters at the right time because of skil +enter to early into trades, because of reckless +don't enters anymore so often early but he enters +cares about market condition 50% of the win +wanna be rich or millionaer sometimes more often lately +cares about news releases +doesn't care market condition +care more or less about market condition +cares about payout percentage +doesn't care about news releases + care more or less about news releases +cares about bet size +doesn't care payout percentage + care more less about payout percentage +strict money management +doesn't care bet size +care about the bet size +cares about quantity as less as possible +no money management +has some kind of money management +cares a lot of the quality trades +doesn't care quantity of trades +care about quantity of trades +avoid a lot of trades which are not good +doesn't care quality of trades +care more or less about quality of trades +is not affected by emotions - cause he knows win ratio +not affected by emotions +affected by emotions which leads sometimes to irrational +takes responsibility +they have no fear of a trade behavior +has no fear +spider trading - multiple bets +has some fear of trade Practice +do not more so often multiple bets +don’t does multiple bets + bet and then calm down do another + does avoid trading emotionally Discipline Consistent Profits Real QUIT © 2018 BO Turbo Trader, All Rights Reserved Mindset: How to trade binary options for consistent profit & returns (Money Management) - BO Turbo Trader watch the corresponding video here NO or LOOSE MM MEDIUM STRICT MM HIGH STRICT MM Pro Trader Newbie Trader Average Trader +knows when to stop exactly +No or loose MM because of bad win rate +amount of trades - don't know when to stop +knows exactly the bet size +win rate = discipline + skill +bet size - don't know how much to bet +to get as fast as necessary to his goal +mm = win rate +discipline +balance - don’t care to blow his account when + don't be affected by emotions under affect emotions + great discipline + not the best win rate + not the skills + great skill +not the discipline + great win rate Practice / Real Time + Discipline Consistent profit MM QUIT © 2018 BO Turbo Trader, All Rights Reserved Mindset: How to trade binary options for consistent profit & returns (Money Management) - BO Turbo Trader watch the corresponding video here FIX AMOUNT MARTINGALE INVERTED MARTINGALE MASANIELLO Compounding + Any balance 1$ 2$ 6$ 18$ 27$ 54$ + Fix bet size +big balance 1$ 1+1.8$ 2.8$ 4. 20$ + Adjusting it on your skill level + Percentage or amount + a variable bet size +any balance + at least 60% win rate at a payout and win rate +above 60% +variable bet size + Predefined bet size 80% +set your stop (out of money) + a high win rate or lot of luck + set your stop + Any balance Depending on the payout + depending on payout + Depending on payout + depending on the payout 1 3 9 36 percentage © 2018 BO Turbo Trader, All Rights Reserved Mindset: How to trade binary options for consistent profit & returns (Emotions) the right way - BO Turbo Trader watch the corresponding video here NO EMOTION HIGH EMOTION MODERATE EMOTION Newbie Trader Average Trader Pro Trader good win rate, good skill +fear to lose trade good and strict money +no skill +no plan +fear to loose or blow his account management , good +no fear because nothing loose +fear to entry too early discipline +no fear of blowing account +fear to entry too late +euphoric , excited +fear not to succeed EMOTIONS Because of a lack of skill,win rate, discipline