Wednesday, May 20, 2020

How To Deposit Money To Binomo With Visa/Mastercard 05/2020

VISA is currently known as one of the fastest and convenient payment methods in the world. The same goes for Mastercard. But today, we will only guide you to deposit money to Binomo in detail with Visa. If you want to deposit with Mastercard, follow this tutorial and change from Visa to Mastercard at the deposit method step.

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Video shows how to deposit Binomo with VISA Master Card

How to deposit Binomo with Visa steps by steps

To top up Binomo, please do the following steps:

Click Deposit on the Binomo interface

From the interface of Binomo website, click DEPOSIT on the upper right corner of the screen.

Click Deposit on the Binomo interface
Click Deposit on the Binomo interface

Choose VISA as the deposit method

The system will transfer you to the deposit page with the language of your account. In this article, it’s Vietnamese. Then choose to deposit money with VISA.

Choose VISA as the deposit method
Choose VISA as the deposit method

Complete the deposit information

The information includes:

  • The amount you want to deposit.
  • Your first and last name in the Binomo account.
Complete the deposit information
Complete the deposit information

Then click Deposit to continue.

Provide Visa card information

You need to provide your VISA information including:

  • Card number
  • Expiration date
  • CVC number on the back of the card
  • Full name on the card
Provide Visa card information
Provide Visa card information

Then click Cornfim and Pay to continue.

Verify transactions from your bank

Depending on the bank you opened the Visa card, there are several steps to verify the transaction.

For example, my bank requires me to verify by OTP SMS. I click Send to get the code.

Verify the transaction by OTP SMS
Verify the transaction by OTP SMS

Next, I enter the OTP code that the bank sends to my phone. Finally, I click Submit to finish the deposit process.

Enter OTP to finish the Binomo deposit process
Enter OTP to finish the Binomo deposit process

Wait for the system to complete the transaction. After finishing, a notification will appear telling you that your transaction is successful.

Click on Start Trading to trade right now.

Successful Binomo deposit notification
Successful Binomo deposit notification

Check your Binomo real account balance

You have now completed the steps to recharge Binomo with visa card. Just to be sure, you can check your real account balance. Click on the account in the upper right corner of the screen to check.

Check your Binomo real account balance
Check your Binomo real account balance

Note on how to recharge Binomo account with your Visa card

A small note that the balance you have on the card should be 2-3% larger than the amount you want to deposit. This balance will be charged when you make any payment, which includes depositing money into Binomo.

Personally, I also use VISA to make deposits at Binomo. This is a very fast, convenient and simple way to top up the payment gateways that the exchange supports. Leave any questions if you need help from us.

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Tuesday, May 19, 2020

How To Withdraw Money From Binomo to Visa/Mastercard

After trading and making a profit in Binomo, what you need to do is to withdraw this amount to your bank account to keep it safe. Leaving both capital and profit on Binomo is quite dangerous. Because you can use all of them when you lose your temper. That’s why today we will guide you to use VISA to withdraw money from Binomo – a convenient quick withdrawal method used by many traders.

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How to withdraw money from Binomo to VISA/MasterCard

To make a withdrawal request, follow these steps:

Choose cashier to withdraw money after clicking your profile 

  • Click on the Account section.
  • Navigate to the Cashier section.
Choose Cashier to withdraw money from Binomo
Choose Cashier to withdraw money from Binomo

Choose VISA card as the withdrawal method and enter the amount you want to withdraw

First, you enter the amount you want to withdraw (it must be smaller than the amount in your account). Then, in the withdrawal method, you choose your VISA/MasterCard.

Choose to withdraw with VISA/MasterCard in Binomo
Choose to withdraw with VISA/MasterCard in Binomo

Complete your VISA card information

Information includes:

  • Card holder name.
  • Card number.
  • The expiry month/year

Finally, click on REQUEST WITHDRAWAL to confirm your request.

Complete your VISA card information to withdraw money
Complete your VISA card information to withdraw money

At this point, a notification appears as the picture below and your withdrawal request is now in progress. Normally, after 3 working days, the money will surely go to your Visa/Mastercard account. If not, contact Binomo immediately to check your request’s status.

Binomo's pending withdrawal request
Binomo’s pending withdrawal request

Note and Summary

Depending on the type of account, your withdrawal request will be processed quickly or slowly.

For normal accounts (STANDARD) and gold (GOLD), it will take at most 3 working days to process your request (excluding weekends). Meanwhile, Diamond (VIP) accounts will be processed in 24 hours.

A small note that you can only withdraw money from Binomo to VISA if you used that VISA card to deposit your Binomo account. This is a requirement to protect your money from hackers.

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Sunday, May 17, 2020

How To Deposit IQ Option With Visa And Mastercard

Currently, IQ Option has many ways to deposit money very quickly and conveniently. If you have a Visa or Mastercard, you can use it to deposit your IQ account. In this article, How To Trade Blog will guide how to deposit money to your IQ Option account with Visa in the most detailed way.

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Video shows step by step how to fund your IQ Option account with Visa

How to deposit IQ Option with Visa or Mastercard

To fund your IQ Option account with a Visa card, follow these steps.

How to deposit IQ Option with Visa
How to deposit IQ Option with Visa

Login to your IQ Option account

Log into your account and select the “Deposit” button. Or you can click the triangle icon and choose “Deposit” as the picture below.

Login IQ Option and click Deposit button
Login IQ Option and click Deposit button

Choose the payment method with Visa card

Select Visa/Mastercard as the payment method. Then choose the amount you want to deposit. Finally, click on “Proceed to Payment” to agree.

Choose Visa/Mastercard and enter the amount you want to deposit
Choose Visa/Mastercard and enter the amount you want to deposit

For example, I choose Visa / Mastercard to deposit in IQ Option account with the amount of $30.

Fill in Visa / Mastercard account information

Enter your Visa / Mastercard account information.

Enter your Visa / Mastercard account information
Enter your Visa / Mastercard account information

(1) The account number on the front of the card includes 16 numbers.

(2) The expiry date of Visa / Mastercard.

(3) Full name of the account holder.

(4) Last 3 digits of security on the back of the card.

Finally, select “Proceed to Payment” to make a deposit request.

Process the deposit request

When you request a money transfer with a Visa card, an OTP code confirmation is required to make sure you are the one making this transaction. Enter the OTP code sending from the bank to your phone number.

Enter the OTP code from the bank to confirm the request
Enter the OTP code from the bank to confirm the request

Click “Next” when the OTP code has been completed.

Successful deposit notification from IQ Option system

When your deposit is successful, you will receive a notification from IQ Option. You can trade immediately by clicking “Trade now”

Successful deposit notification from IQ Option system
Successful deposit notification from IQ Option system

Check your IQ Option account balance

Check your IQ Option balance to make sure that the account has been credited.

Recheck your IQ Option account balance
Recheck your IQ Option account balance

At the same time, IQ Option also sends a notification to your email.

IQ Option sends an email informing the deposit has been successful

Notes when recharging IQ Option account with Visa / Mastercard to avoid problems

– The balance in your account must be 5-10% greater than the amount you want to deposit into IQ Option. That is the amount of money you hold for maintaining and paying with your Visa card.

– When completing the deposit request with Visa, if the money won’t go into your account after 5 minutes, you can contact IQ Option support to check your request.

If you need more assistance, you can contact us via comment below. Thank you for your time reading this article.

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Saturday, May 16, 2020

How To Withdraw Money From IQ Option To Visa/Mastercard

In the previous article, I showed you how to deposit your IQ Option account with Visa and Mastercard. When trading is profitable, withdrawing money is a must. Therefore, this article will guide in detail how to withdraw money from IQ Option account to your Visa/Mastercard.

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How to withdraw money from IQ Option account to Visa/Mastercard

Log in to your account

Log into your account then click on the triangle icon. Then select “Withdraw Funds” to make a withdrawal request.

Login to your account and select Withdrawal Funds
Login to your account and select Withdrawal Funds

Choose Visa/Mastercard as the withdrawal method

Choose to withdraw money to your Visa/Mastercard. Please note that the money will automatically go to the Visa/Mastercard account you used to deposit IQ Option beforehand.

Enter the amount you want to withdraw in the “Amount”

Then press “Withdraw funds”.

In the example below, I have a balance of $32.77 in my account and make a withdrawal of $30.

Choose Visa/Mastercard and enter the amount you want to withdraw
Choose Visa/Mastercard and enter the amount you want to withdraw

Wait for the system to process the withdrawal request

After completing the above steps, IQ Option will process your request. You can check its status on the dashboard.

The withdrawal request is in progress
The withdrawal request is in progress

Check your IQ Option account balance

Once the withdrawal request has been processed, the money in the real account will be deducted from the withdrawal amount.

Check your real account after making a withdrawal request
Check your real account after making a withdrawal request

Check the balance of your Visa/Mastercard

About 5 – 30 minutes after sending the request, the money will go to your Visa/Mastercard account. At that time, IQ Option system will display this “Funds sent” status.

Notice of withdrawal request has been processed
Notice of withdrawal request has been processed

Also send an email to notify the transfer of money from IQ Option has been processed. You can check your Visa / Mastercard account to see if the money has been deposited.

The notification mail from IQ Option
The notification mail from IQ Option

I hope you will make withdrawals more frequently after making some profits to protect your money. If there is a problem when you withdraw money from IQ Option to Visa/Mastercard, leave a comment below. We will assist immediately.

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Friday, May 15, 2020

What Is A Bullish Harami Candlestick Pattern? Meaning And How To Trade

In technical analysis, Bullish Harami candle is known as a preferred signal, having high accuracy in catching the big uptrend of prices. So, what is a Bullish Harami candlestick pattern? What is the meaning and how to use it in binary options trading? Today, Mr. Joker will help you clarify everything about this special candlestick pattern.

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A video introduces how to trade Binary Options with Bullish Harami candle

What is A Bullish Harami candle pattern?

Bullish Harami is a Japanese candlestick pattern that looks like a pregnant woman. It usually appears at the end of a downtrend and is a sign of future bullish momentum.

This is considered the most powerful, most accurate candlestick signal confirming a reversal from a decline to a rise in prices. This is a very good entry signal for you to enter profitable transactions safely.

What is A Bullish Harami candle
What is A Bullish Harami candle

Characteristics of a Bullish Harami pattern

A standard pattern consists of 2 candles.

  • The first candlestick is a strong bearish red candle.
  • The second one is a green candlestick that lies within the first one.

On the price chart, the Bullish Harami candle usually appears at the end of downtrends, signaling a future rise in prices.

Here is an example of a Bullish Harami candlestick pattern on the Japanese candlestick price chart.

Bullish Harami on the Japanese price chart
Bullish Harami on the Japanese price chart

The variant Bullish Harami pattern

In addition to the standard pattern, traders are also interested in its variations. Unlike the standard, Bullish Harami’s variations are the patterns with the second candlestick being special green candlesticks such as Shooting Star or Pin Bar.

Variant Bullish Harami
Variant Bullish Harami

Bullish Harami meaning

Why do traders consider this pattern as a signal for an uptrend of prices? Observing in more detail, we can see that when combining two candlesticks of this pattern, we will get a Bullish Pin Bar (or Hammer). This is a very common bullish signal often encountered on price charts.

Bullish Harami meaning
Bullish Harami meaning

How to trade Binary Options with Bullish Harami

Price Action traders consider the pattern as a reliable confirmation point for upward price trends. Therefore, using this candlestick pattern combined with price trend indicators will give the most effective entry points.

Notes: This is a bullish reversal signal of price. So, when using Bullish Harami, you can only open “UP” orders.

Combine with RSI indicator

RSI is a reliable price trend indicator. However, this indicator alone does not give exact reversal confirmation points. When combined with the pattern, the entry points are clearer. It will be safer to open an order.

Conditions: The 5-minute Japanese candlestick chart, RSI indicator (14). Enter a trade with an expiration time of 15 minutes.

How to open an option:

+ UP option: when a Bullish Harami appears and the RSI is in the oversold area (30).

Combine with RSI indicator
Combine with RSI indicator

Combine with Support

Support is an effective static level for prices. When touching this zone, prices will likely rebound. A Bullish Harami that appears when the price enters the support zone is a positive signal for this. You can absolutely open an UP order with a high level of security.

Conditions: The 5-minute Japanese candlestick chart, support zone. The expiration time is 15 minutes or above.

How to open an option:

+ UP option: when the price enters the support zone and a Bullish Harami appears.

Combine with Support
Combine with Support

Notes when using this candlestick pattern in binary options trading

  • This candlestick pattern itself is a signal of price reversal. When trading, do not consider it alone as an entry point. You need to combine it with other indicators to increase the probability of trading.
  • Combining with price trend indicators will be the best use for the Bullish Harami candlestick pattern.
  • You need to experience this candlestick pattern at least 2 weeks on a DEMO account before being able to trade with real money. Everything must be perfect before thinking of making a profit in this market.

There will be a lot of knowledge about the indicators and candlestick patterns which we will introduce in this series. Please follow up. Goodbye and see you again.

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Wednesday, May 13, 2020

What Is Bearish Engulfing Candle Pattern? Meaning And Trading Strategy

Bearish Engulfing pattern is one of the most reliable reversal candle patterns in technical analysis using the Japanese candlestick chart. This pattern is used by traders to identify a reversal from an uptrend to a downtrend.

This article will introduce what a Bearish Engulfing is as well as the characteristics and how to trade reasonably.

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An overview video introduces Bearish Engulfing candle

What is Bearish Engulfing?

Bearish Engulfing is a bearish reversal candlestick pattern. It is used by many traders as an entry signal. When it appears at the end of an uptrend, the accuracy is very high.

What is Bearish Engulfing?
What is Bearish Engulfing?

Characteristics of a Bearish Engulfing

This pattern consists of 2 candlesticks.

– The first candlestick is a bullish candle.

– The second candlestick is a bearish one that engulfs the previous bullish candle vigorously.

Characteristics of a Bearish Engulfing
Characteristics of a Bearish Engulfing

A variant Bearish Engulfing candle includes:

– Two or three steady bullish candles with small bodies.

– A long bearish candle clearing the results of 2 or 3 previous bullish candles.

Variant Bearish Engulfing candle
Variant Bearish Engulfing candle

Bearish Engulfing meaning

When you look at this pattern, you will understand why it is called like that. The following red candlestick has covered and completely engulfed the previous green candlestick. When this candlestick pattern is formed, the bears (sellers) have dominated completely.

Bearish Engulfing is better than Bearish Pin Bar

Combining two candles to form a Bearish Engulfing (A) => The price overwhelmingly reverses from bullish to bearish (B) => Shooting Star candlestick (Bearish Pin Bar) (C).

Regarding the direction of the price, this pattern s is similar to the Bearish Pin Bar candlestick. However, it has greater accuracy (the probability of a reversal from up to down is higher than Pin Bar candlestick).

Bearish Engulfing and Shooting Star candle
Bearish Engulfing and Shooting Star candle

2 common variants of Bearish Engulfing

  • (A) => The price increases slowly, showing signs of slowing down and then drops uncontrollably (B). The uptrend is weakened as the bears join in. The reversal from an uptrend to a downtrend takes place quickly.
Variant Bearish Engulfing and its price direction
Variant Bearish Engulfing and its price direction
  • (A) => The price still increases despite a slight adjustment and then ends up with a bearish candlestick that clears all the previous bullish momentum (B)
Variant Bearish Engulfing and its price direction

How to trade Binary options with Bearish Engulfing candle

The pattern signals an imminent reversal from up to down. But in order to enter safe options, it is advisable to combine them with trend indicators to increase accuracy.

Combine with SMA30 indicator

Conditions: A 5-minute Japanese candle chart, SMA30 indicator. The expiration time of 15 minutes or above.

SMA30 is an indicator used to detect price trends. When the price is below the SMA30, the market is in a downtrend. On the contrary, if the price is completely above the SMA30, the market tends to be in an uptrend.

How to open an option:

Open a DOWN option: The Bearish Engulfing candlestick pattern appears below the SMA30.

Explanation: When the price is completely below the SMA30, the downtrend is stable. When the pattern hits the SMA30, the probability of price to continue to decline is very high.

Combine with SMA30 indicator

Combine with the resistance level

Conditions: A 5-minute Japanese candlestick chart. The expiration time of 5 minutes.

Open a DOWN option: Bearish Engulfing candlestick pattern forms right at the resistance level.

Explanation: When the price enters the resistance zone, there is a probability of the price to decline. The pattern appears there as a reasonable entry signal for a bearish order.

Combine with the resistance level

Notes when trading with this candlestick pattern

– Bearish Engulfing candlestick pattern has high accuracy when appearing at the end of an uptrend.

– Do not use it when the market is moving sideways.

– Combine with technical analysis indicators to get a safe entry point.

– Candlestick patterns are less accurate when the market is volatile by the news.

Through the above article, How To Trade Blog has introduced two Engulfing candlestick patterns to you. These are signals that traders around the world use very often. Because every time it appears, it gives very high accuracy.

Try trading with Engulfing candlestick pattern on a Demo account to see its effectiveness and winning rate.

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Tuesday, May 12, 2020

What Is Bullish Engulfing Candle Pattern? Meaning And Strategy

Engulfing candle pattern is considered as a candlestick pattern signaling a trend reversal. There are 2 types of Engulfing, which are Bullish Engulfing and Bearish Engulfing candle pattern. Please go through this article to better understand these two candlestick patterns and how to use them effectively.

In this article, I will introduce to you what Bullish Engulfing candle is. Its characteristics, meaning, the way to confirm and trade it in Binary Options most effectively will also be available.

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An overview video introduces Bullish Engulfing candlestick pattern

https://www.youtube.com/watch?v=pqD87Ao8Vdw&feature=youtu.be

What is Bullish Engulfing?

Bullish Engulfing (BuE) is a strong reversal candlestick. It is also a reliable pattern that successful traders often use for trading. Because it signals a price reversal from decreasing to increasing in the future with high accuracy.

What is Bullish Engulfing?
What is Bullish Engulfing?

Characteristics of a Bullish Engulfing candle

This pattern consists of 2 candles.

The first candlestick is a bearish candle.

Second candlestick: A strong bullish candlestick engulfs the first candle and clears the bearish momentum of the previous one.

Characteristics of a Bullish Engulfing candle
Characteristics of a Bullish Engulfing candle

Bullish Engulfing meaning

This candlestick shows the strength and overwhelming of the bulls (buyers). It clearly provides a reversal signal at the end of a downtrend. The last green candle covers and overwhelms all previous red candles.

Bullish Engulfing is better than Bullish Pin Bar

Combining two candles to form a BuE pattern (A) => The price decisively reverses from bearish to bullish (B) => Hammer candlestick (C).

Although the direction of the price is similar to the Hammer (Bullish Pin Bar) candlestick, BuE is a combination of two candlesticks (which takes a longer time). This is why this candlestick pattern is more reliable than the Bullish Pin Bar.

Bullish Engulfing and Hammer candlestick
Bullish Engulfing and Hammer candlestick

Some other variants

Standard Bullish Engulfing candlestick (A) => The price goes down weakly before a strong reversal (B). It clears the results of the previous 3 candles decisively.

Standard Bullish Engulfing candle
Standard Bullish Engulfing candle

Variant BuE candle (A) => The price goes down and exhaust before increases sharply when the buyers dominate (B).

Variant Bullish Engulfing candle
Variant Bullish Engulfing candle

How to trade binary options with Bullish Engulfing

This candlestick pattern is a signal of a reversal from bearish to bullish in the future. But in order to use it effectively, you need to combine BE with trend indicators.

Combine with SMA30 indicator

Conditions: A 5-minute Japanese candlestick chart combined with the SMA30 indicator. The expiration time is 15 minutes or above.

SMA30 is a trend-oriented indicator. When the price is above the SMA30, the market is in an uptrend. In contrast, when the price stays below the SMA30, the market is in a downtrend.

How to open an option:

Open an UP option: Bullish Engulfing candle is above the SMA30 and continues the uptrend.

Explanation: When the price is above the SMA30, the market is in an uptrend. When the pattern appears, there is a possibility that the price will continue the current trend.

Combine with SMA30 indicator
Combine with SMA30 indicator

Combine with Support

Conditions: A 5-minute Japanese candlestick chart. The expiration time of 5 minutes.

Open an UP option: The pattern forms right at the support level.

Explanation: When prices reach the support zone, the probability of a rebound will be relatively high. Bullish Engulfing is a safe entry signal to open “UP” options.

Combine with Support
Combine with Support

Notes when trading with this pattern

– To be considered a bullish reversal, the current trend needs to be a bearish one.

– Bullish Engulfing candlestick pattern has high accuracy when appearing at the end of a downtrend.

– Traders should not only look at the two candlesticks that make up this pattern. Instead, observe the previous candles to get a better overview when opening orders.

I hope this article may help you get an understanding of the Bullish Engulfing candle pattern. Wait up for the Bearish Engulfing candlestick analysis article on How To Trade Blog to fully integrate your Japanese candlestick knowledge base.

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