For instance, if you hear of a civil war breaking out of an oil rich country (such as Libya in February 2011 which caused crude oil prices to trend upwards for close to 9 months), this is a play which will benefit from using an in-the-money strategy. With this strategy, the news is the traders best friend.Unlike the at-the-money trades in European-style options where this outcome yields neither a profit nor a loss, this NADEX binary options strategy actually pays out profit if the trend is flat or in a sideways channel, or if the price is in the process of testing a key area of resistance/support severally prior to a break or a rejection at that level. The strategy therefore is to look for areas where there is expected to be consolidation before a breakout. Trading the NFP with this strategy setup a few days to the news release and trade expiry just before news release is one way this strategy can be deployed.This is the contrarian NADEX binary options strategy, where the trader bets against the market expectation, pays low premiums as a result and earns a huge payout if the bet is correct. This will require a lot of tact to deploy. Usually, the trader will have to study the behavior of assets on the trading days of the week. This strategy is best set on Mondays when the market bias for the week is yet to take shape.To trade using NADEX binary options strategies, you have to know what to trade and when to trade so that the deployment of these strategies works exactly as the trader would want them. A firm understanding of American-style binary options trading is necessary and the use of a demo account on NADEX or Cantor Exchange would surely facilitate this.Copyright Risk warning: Trading in financial instruments carries a high level of risk to your capital with the possibility of losing more than your initial investment. Trading in financial instruments may not be suitable for all investors, and is only intended for people over 18. Please ensure that you are fully aware of the risks involved and, if necessary, seek independent financial advice. You should also read our learning materials and risk warnings.Disclaimer of liability: The website owner shall not be responsible for and disclaims all liability for any loss, liability, damage (whether direct, indirect or consequential), personal injury or expense of any nature whatsoever which may be suffered by you or any third party (including your company), as a result of or which may be attributable, directly or indirectly, to your access and use of the website, any information contained on the websiteThe North American Derivatives Exchanges, known simply as Nadex is a top choice for binary options trading. The site stands above the rest by being the United States only fully regulated broker and is subject to oversight from the CFTC, the Commodity Futures Trading Commission.There are dozens of different trading assets available on Nadex, from various worldwide stock indices to currency exchange pairs to top commodities and even Bitcoins. 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