The technical indicatorsthat can be quicklyrecognized areBollinger bands, few moving averages and volumes. But there are also other, custom indicators in the form of arrows which really make his trading screen unique. These custom indicators include Buy and Sell triggers, as well as, the very important a US dollar momentum indicator which is used as a warning to stay away from trading at certain times when the dollar momentum reaches 100 per cent red. It can also be used as agood entry point when the momentum indicator turnsgreen and suggests a strong trend. It takes a few hoursto get used to his charts and to understand the relations between them. Franco constantly improves his system and his charts now include windows with 1min, 5min, and 15min charts.Franco trades the most popular currency pairs: EUR/USD, GBP/USD, USD/JPY. He used to trade more currencies in the past but now he believes his system works best with these three pairs. As mentioned earlier his team constantly try to improve the system. The Binary Options Trading Signals (BOTS) buy and sell triggers are best for 60 second, 2 and 5 minute trades. However, because he now also includes 5 min and 15min charts in his system, it now works for longer time frames and can be also used successfully in Spot Forex trading. Because there might be a slight delay in transmission depending on where you live and the speed of your internet connection we would recommend taking 2 minute trades as opposed to 60 seconds, however this needs first to be tested on a demo.As mentioned earlier Francos trading signals can now also be used in Forex trading. This is a very interesting and a useful addition because as most traders agree Forex iswhere the real money is. With a big trend and a considerable price movements you can make a lot more than 75 of your trade amount, at times you can make as much as 300 and more In addition to huge earning potential in Forex you have the ability to place stop losses on your trades. In binary options if you lose you trade,you lose 100 of your trade amount, in most cases, unless your broker offers 5 return on losses (you still lose 95). In Forex, where you can place stop losses, you can set them to 20 of your traded amount and when the price action moves against your trade you will only lose 20 of your traded amount. You dont have to be a genius in Maths to understand how setting stop-losses can improve your overall chances of earning money with trading.To minimize losses Franco also recommends a Martingale strategy for more experienced users. He warns that this strategy must be used with caution. Martingale strategy is basically taking another trade soon after the first one with double the trading amount. The idea is that your winnings will outset the losses of your first trade. Needless to say a Martingale strategy can be very risky if used recklessly and we dont recommend it for novice traders.There is a slight learning curve in the beginning but after three trading sessions or so even a complete beginner should be able to follow Francos signals and be successful in trading binary options or Forex. On request Francocan also help you set up the professional charting software on your computer and with the same technical indicators that he uses on his screen except his top secret buy/sell entry indicators which supposedly took Franco and his teamyears to test and develop. Running the same software on your computer (additional monitor should be used) can really help with your entry timing, especially if youre experiencing any lags in your Internet connection.Many traders who have signed up for his system go only by what they see on his monitor claiming that it is enough for them to trade on and that they dont actually require to install any additional software on their computer. To be fair, the trading room and Francos screencast is shared in HD resolution via MeetingBurner, a dedicated professional online software for screencasts and meetings.All new traders are asked to study the materials provided and be patient for the first three days. Then, after this period if they still dont understand how the system works they shouldask questions which will be answered by him or other traders in the room who have been trading longer and understand how the system work. Franco is quite confident, and many traders in the room agree, that it takes on average 3 days to come to grips with Francos charts and his signals and the trading system. But after an intense week of training you will be on a verge of becoming a pro trader.Every member receives a free study guide that pretty much explains theentire trading system.Its written in a simple to follow language that any novice can understand. The guide containsclearexplanations withsupporting images and videos and shows a number of trade strategies that can be used with Binary Options Trading Signals (BOTS). It will teach you everything that you need to know about Francos own tradingsystem and the trading systems/strategies of some of the more experienced users in the room. Although its written around the actual signals,its generally quite an interesting read and contains a few interestingstrategies that are easy to learn and follow on the screen. If anything remains unclear you can always ask Franco directly or consult other registered members.The best part of Francos binary options trading signals is that everything is done live and you can communicate with Franco and other traders who are trading with you at the same time. They are scattered all over the world, most of them trading from home in the USA, Canada, UK, Australia, France, Italy, Japan, and other countries. You can communicate with any member directly via anopen chat window. Some of these traders have been using Francos system for quite some time and are making a very comfortable living trading with him for only 2 hours a day for 5 days a week.As mentioned earlier Franco does not place trades in front of his audience any more. His time is now devoted to answering questions and looking for trade opportunities. You willbe able to use any binary broker with this system and replicate his success rate of 85. Having said that, Franco first started with 24optionand was trading with them successfully for quite a while. In fact, in the welcome video on his homepage we can see the 24option platform.
