Up Down Signals is a binary options signal provider that boasts an accuracy rate of around 70%. The signals they provide are sent in real-time and are created by expert traders. Signals are available via subscription, with traders having the ability to cancel their subscription whenever they wish. Should Up Down Signals be your signal provider? Read on to find out.
Up Down Signals is unique in that they offer 3 hour signals. This means that from the time the signal is sent to the trader, there will be a three hour period for trade execution. For example, should a signal predict that the price of gold will increase, this increase should occur before, at, or just after the 3 hour mark. The benefit of this time period is that it allows binary options traders plenty of time to receive the alert and take action using the information provided. It also allows the trader time to perform their own analysis should they wish to do so.
Traders who make use of the alerts provided by Up Down Signals will want to consider trading within a platform that offers 3 hour limits. The Option Builder feature will also prove beneficial to those who make use of these alerts, as this feature allows for the building of customized trades. Day traders should have no problem putting these signals into action within any binary options broker platform. Those new to trading will need to select a broker prior to selecting a signal provider.
Note that when using 3 hour signals, the accuracy percentage will decline should trades not be completed within the 3 hour window. All binary options signals, regardless of the source, need to be acted on in a timely manner. Up Down Signals and other signal providers will always make the optimal trading time known with each alert that is sent. Should the trader not be able to complete the contract purchase within the recommended time frame, it may be best to wait for the next signal to arrive. There is no need to worry about missing a signal-based trade, as additional opportunities will be presented.
Up Down Signals are based on technical analysis and backed by expert human opinion. The combination of the two is often seen with higher quality signal providers. Computer programs are excellent in being able to quickly spot underlying asset price trends. However, there are elements of a successful trade that are best determined by humans. Fundamental analysis is an important part of research and therefore is factored into signals based upon expert opinion.
One of the most unique features of Up Down Signals is that they offer a high level of transparency by posting the trade results of the signals they have provided in the past. This allows traders to easily see just how successful Up Down Signals has been in providing accurate signals to those who subscribe to their alert service. Not many signal providers are willing to be so upfront in offering exact accuracy information. This is an excellent sign of reliability in a signal provider.
Up Down Signals does offer signals on all major asset classes and many of the underlying assets which fall within these classes. This provides plenty of profit potential to those who make use of signals on a regular basis. Consider Up Down Signals a reliable source for trade alerts that could be used to increase binary options trading profits.