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By Chris Morton | Binaryoptions.net.

au

Table of Contents
Welcome.............................................................................................3
Introduction to Binary Options.............................................................4
Recommended Brokers......................................................................4
Recommend Charting Programs.........................................................4
Break Even Ratio................................................................................4
Chart Time Frames.............................................................................5
Pin Bar Candles..................................................................................5
Doji Candles.......................................................................................5
Engulfing Candles...............................................................................6
Price Spreads.....................................................................................6
Money Management...........................................................................6
Forex Pairs.........................................................................................7
Trading The News...............................................................................7
Trading Hours.....................................................................................7
Your First Trading Strategy.................................................................7
About Me............................................................................................8
Lets Connect......................................................................................9

By Chris Morton | Binaryoptions.net.au

Welcome
Hi my name is Chris Morton and thank you for downloading our Binary Options Course eBook.
We have had over 10,000 students use our free course. If youre interested in profting from the
fnancial markets with the simplicity and ease of use that binary options provides then this
course is for you.
So, what are binary options?
Binary options are the latest fnancial instrument allowing savvy investors to proft from the
markets. You can trade Forex, Commodities, Indices and Shares.
Who is our course for?

For beginner stock traders


Professional stock traders
Traditional options traders
Forex traders / Currency traders

What you will get from our course?


We have 14 video lessons with over 1 hour of content
What you will learn from our course?

You will learn what binary options are


You will learn which brokers we recommend
You will learn which charting programs to use
Other lessons include learning
Break even ratio
Chart Time Frames
Expiry Times
Trading Hours
Japanese Candlesticks
Money Management techniques
Proftable Trading strategies.

By Chris Morton | Binaryoptions.net.au

Other versions of our Beginners Binary Options Course


Website: www.binaryoptions.net.au/manual/100-2/
Youtube: Watch online
iTunes: Watch via Podcast
Feedburner: Subscribe in a reader
Slideshare: View presentation slides

By Chris Morton | Binaryoptions.net.au

Introduction to Binary Options


Lesson BO101
Transcript Excerpt
To start our Binary Options 100 Course Sam Morton gives a detailed introduction to binary options. The video
answers many questions new binary option traders have, including, what are binary options? How are binary options
traded? What is the role of a binary options broker/provider? When can you trade binary options? Who can trade
binary options?

What are binary options?


A type of option in which the payof is a fxed amount of cash or nothing at allowing
Financial options are derivatives. Derivatives being an instrument derived from an
underlying asset
With other fnancial derivatives or securities, payof is determined by the diference of
opening and closing price
How are binary options traded?
Through a binary options broker
Binary relating to, composed of, or involving two things
Call Options & Put Options
Why trade binary options?
Low start-up costs
Basic computer with internet connection
Around $200 initial deposits
Online training material
Simplicity
User friendly
When to trade binary options?
Diferent fnancial markets have diferent trading hours
Forex markets are open 24/5
NYSE 09:30 16:00, TSE 09:00 15:00
Who can trade binary options?
18+
A computer with an internet connection
Time to commit to learning and trading
Cash
Watch Lesson | Read Transcript | Presentation Slides | Download Audio

By Chris Morton | Binaryoptions.net.au

Recommended Brokers
Lesson BO102
Transcript Excerpt
In this video we give you an insight into our recommended brokers. We give broker details, such as, demo accounts,
initial deposits, tradable options, expiry times, and we give you a tour of each brokers trading platform.
Broker

Demo

Deposit

Regulated

Options

Expiry

Banc De Binary

Yes

$250

CySEC

Forex, Stocks,
Indices &
Commodities

60 secs to 12
Months

Traderush

Yes

$200

Forex, Stocks,
Indices &
Commodities

60 secs to 12
Months

Lionive

Yes

$200

Forex, Stocks,
Indices &
Commodities

60 secs to 1 Month

Watch Lesson | Read Transcript | Presentation Slides

By Chris Morton | Binaryoptions.net.au

Recommend Charting Programs


Lesson BO103
Transcript Excerpt
Sam gives an overview for each of our recommended charting platforms. The overview includes pricing and more
detail.
Software

Indicators

Instruments

Trial

Price

ChartIQ

Yes

Forex & Stocks

Yes

$8

Tradingview

Yes

Forex, Stocks & Futures

Free

Freestockcharts.com

Yes

Stocks & Forex

Free

Metatrader

Yes

Forex

Free

Watch Lesson | Read Transcript | Presentation Slides

By Chris Morton | Binaryoptions.net.au

Break Even Ratio


Lesson BO104
Transcript Excerpt
This video teaches what break even ratio is, how to calculate break even ratio, and why knowing your break even
ratio is so important. This video includes several examples of break even ratios.

What is break even ratio?


55% Break Even
60% Wins
PROFIT

55% Break Even


53% Wins
LOSS

How is break even ratio calculated?

Potential Loss / (Payout + Potential Loss) * 100

100 / (75 + 100) * 100 = 57.14%

Examples
Potential Loss

Potential Pay-Out

Break Even

100

68

59.52%

100

77

56.50%

100

82

54.95%

95

72

56.89%

95

75

55.88%

Watch Lesson | Read Transcript | Presentation Slides

By Chris Morton | Binaryoptions.net.au

Chart Time Frames


Lesson BO105
Transcript Excerpt
There are many timeframes ofered by charting platforms it can be overwhelming. Sam covers the basics of chart
timeframes, recommends specifc timeframes to analyse, and gives a list of chart timeframe tips.

Chart time frames represent the time between the opening and closing of candlesticks.
Which Expiry to Use?

Price Chart Timeframe

60 seconds

1 minute

15 minute

15 minute

30 minute

30 minute

End of Day

Daily

Chart Timeframe Tips


Zoom out
Dual Monitor System
Analyse the popular timeframes
Stick to this course
Use the higher timeframes as less random

Watch Lesson | Read Transcript | Presentation Slides

By Chris Morton | Binaryoptions.net.au

Pin Bar Candles


Lesson BO106
Transcript Excerpt
Being able to read Japanese candlesticks is a skill that all binary option traders need to learn. In this video Sam
teaches the Pinbar candlestick a powerful single candle set-up and can be used as a trading signal.

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By Chris Morton | Binaryoptions.net.au

Watch Lesson | Read Transcript | Presentation Slides

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By Chris Morton | Binaryoptions.net.au

Doji Candles
Lesson BO107
Transcript Excerpt
Being able to read Japanese candlesticks is a skill that all binary option traders need to learn. In this video Sam
teaches the Doji candlestick similar to a pinbar candlestick, a doji candlestick, is a powerful single candle set-up
and can be used as a trading signal.

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By Chris Morton | Binaryoptions.net.au

Watch Lesson | Read Transcript | Presentation Slides

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By Chris Morton | Binaryoptions.net.au

Engulfng Candles
Lesson BO108
Transcript Excerpt
Being able to read Japanese candlesticks is a skill that all binary option traders need to learn. In this video Sam
teaches the Engulfng Candlestick unlike pinbars and doji candlesticks, an engulfng candle is a double candle setup. An Engulfng Candlestick can be used as a trading signal.

Watch Lesson | Read Transcript | Presentation Slides

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By Chris Morton | Binaryoptions.net.au

Price Spreads
Lesson BO109
Transcript Excerpt
Sometimes there can be a diference in our binary options quoted price and our charting software. For some traders
this may be a concern and lead to doubting the transparency of their binary options provider. Sam teaches why there
is no need to be concerned and gives details to why this can sometimes happen.

Price spreads is the diference between brokers quoted price and quoted price on a charting
platform. All recommended charting platforms have a high reputation and the price spread
should be constant.
Broker Price

Charting Software

1.4589

1.4590

1.4595

1.4596

1.4596

1.4597

1.4571

1.4572

1.4573

1.4574

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By Chris Morton | Binaryoptions.net.au

Watch Lesson | Read Transcript | Presentation Slides

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By Chris Morton | Binaryoptions.net.au

Money Management
Lesson BO110
Transcript Excerpt
Many traders fail due to the lack of money management. In this video Sam Morton teaches some basic, but strong,
money management rules. Sam also teaches the importance of money management.

What is money management?


A set of investment related rules
An essential part of any trading strategy
Why use GOOD money management?
Poor money management will lead to losing your account
Strong/good money management will enable us to trade another day
Money Management Rules
A set of number of trades a day
A set number of losing trades per day
A desired profit per day
A maximum loss per day
The Golden Rule
Only risk a set percentage per trade
Example #1
Risk 2% per trade - $200 account, risk $4 per trade
Only open 2 trades per day
Percentages set on account balance at the 1st of the current month
Example #2
Risk 1% of account per trade
Stop trading once 2 losses made on same day (2% loss)
Stop trading once 3 wins made on same day (2.1% gain)
Percentages set on account balance at the beginning of each week
Watch Lesson | Read Transcript | Presentation Slides

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By Chris Morton | Binaryoptions.net.au

Forex Pairs
Lesson BO111
Transcript Excerpt
There are many currency pairs ofered by binary option brokers. This video teaches about currency pairs and gives
personal insight into which currency pairs should be traded.

Principles in this course are applicable to all binary options. Forex is the most popular binary
option traded.
Which currency pairs should you trade?
A lot of traders are analysing (in green) these charts for trading signals
Competitive pay outs offered by binary option brokers
4 currency pairs should be adequate
Majors

Other

EUR/USD

EUR/JPY

GBP/USD

GBP/JPY

USD/CHF

AUD/JPY

USD/JPY

EUR/CHF

USD/CAD

EUR/GBP

AUD/USD

AUD/NZD

Watch Lesson | Read Transcript | Presentation Slides

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By Chris Morton | Binaryoptions.net.au

Trading The News


Lesson BO112
Transcript Excerpt
News events have a large infuence on fnancial markets. In this video Sam demonstrates how price behaves before
and during schedule news events.

News Events
Have a major influence on financial markets
Impact market volatility
The majority of news events are scheduled
Scheduled news events include GDP reports, Net Farm Payrolls, Manufacturing Figures,
Retails Sales, Profit and Loss Figures etc

Watch Lesson | Read Transcript | Presentation Slides

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By Chris Morton | Binaryoptions.net.au

Trading Hours
Lesson BO113
Transcript Excerpt
As mentioned in previous videos, binary option brokers ofer a variety of binary options, including, currencies, shares,
commodities, and indices. Each of there binary options can have diferent trading hours. Sam gives an insight to the
trading hours of each of these diferent binary options.
Timezone

EDT

GMT

Sydney Open

1800

220

Sydney Close

0300

0700

Tokyo Open

1900

2300

Tokyo Close

0400

0800

London Open

0300

0700

London Close

1200

1600

New York Open

0800

1200

New York Close

1700

2100

Price Movement
Currency Pair

Tokyo

London

New York

EUR/USD

st

2nd

GBP/USD

3rd

1st

2nd

USD/JPY

3rd

1st

2nd

rd

Watch Lesson | Read Transcript | Presentation Slides

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By Chris Morton | Binaryoptions.net.au

Your First Trading Strategy


Lesson BO114
Transcript Excerpt
Sam teaches what a basic trading strategy should include. A basic trading strategy is given as an example.

Basic Trading Strategy


Clear signals for entry
Signals not signal always need a confrmation
Need a trading strategy that will make proft/win at least 60% of trades BO104
BO200 & BO300 courses will cover indicators and other trading tools, which can be
used as part of a trading strategy

Watch Lesson | Read Transcript | Presentation Slides

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By Chris Morton | Binaryoptions.net.au

About Me
Who is Chris Morton?
I started trading binary options in 2011 and loved this new way to trade the fnancial markets. I
now dedicate my time to my website and help provide valuable information for traders wishing
to learn binary options.
What is Binaryoptions.net.au?
On November 2, 2011 I started www.binaryoptions.net.au and our Youtube channel. Since then
our site has over 10,000 members and our channel has over 2,500 subscribers.
Awards
Winner of the 2014 iGBafliate.com award Best Afliate - Online Trading

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By Chris Morton | Binaryoptions.net.au

Lets Connect
Binaryoptions.net.au

Website: binaryoptions.net.au
Youtube: youtube.com/user/binaryoptionsnetau
Facebook: facebook.com/binaryoptionsnetau
Google+: plus.google.com/+binaryoptionsnetau
Twitter: twitter.com/binaryoptionsau
Tumblr: binaryoptionsnetau.tumblr.com
iTunes: itunes.apple.com/au/podcast/beginners-binary-options-course/
Podbean: binaryoptionsnetau.podbean.com
Stocktwits: stocktwits.com/binaryoptionsnetau
Tradingview: tradingview.com/u/binaryoptions/
Slideshare: slideshare.net/binaryoptionsnetau

Chris Morton

Facebook: facebook.com/mortoau
Google+: plus.google.com/+chrismortonau

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