After checking my e-mail this morning it appears that the Binary Options Pro Signals team has just released a new European version of their trading signals service. Apparently they were getting a great deal of requests for more market sessions so they decided to release this new service. If I had to guess I’m sure eventually they are going to have trading signals being executed during every trading session, which would be pretty cool.

Anyway, I know a lot of you had e-mailed me asking if there were any signal services that traded during the European session so here it is. Down below is a screenshot from their website with the latest track record so you can check it out. It appears nearly everything is identical to the (BOPS) website except a few minor wording changes and track record changes. It also looks they are continuing to send signals for the major Forex pairs and still boast a 72.5% accuracy rate over the past 12 months with this new service.

After a heavy 100 pip downtrend during the European market session earlier this morning we had a beautiful rebound trade during the US session on the EUR/USD. Throughout the morning it was fairly choppy until right before the FOMC Statement was released at around 12:30 AM EST. With the release of the statement we quickly saw some big movement in the currency markets in a major shift towards the upside.

As you can see the large green candle towards the end of the blue box was a nice breakout indication that we were likely going to see a nice rally for the end of the day. Remember that most often when we see large candles like this which are in excess of 30+ pips we usually do have a bit of retracement, even if its only a few pips. So if you were able to snag this call for an end of the day trade congratulations, as it continued on for another 100 pips.

If you have been active here lately, you’ve surely noticed the numerous posts on the forums about a variety of different indicators that can be used to trade binary options.

Although I am not the biggest fan of indicators anymore, they can certainly come in handy from time to time. However in my opinion you should never solely use an indicator as a basis for your trades. They should be used as a tool for additional confirmation from your own idea.

I say this because a majority of the indicators you will run across will at some point go horribly wrong. I’ve yet to come across one that worked during live trading extremely well and extremely often. Most of them seemingly crash and burn just as the one before it did.

The reason I mention this is because many new binary options traders begin their journey searching through forums and websites in hopes to find the “holy grail” which will make them millions. I’ll admit, I spent hundreds of hours looking for it myself. Although sadly I never did find it…

However to be completely honest from what I’ve learned from my own experience, trading in any market simply takes hard work. It also takes lots of research, lots of live trading experience and sometimes just a little bit of luck.

So with that said, keep your chin up through the great days and bad days as you continue learning how to trade. Remember to stay positive, but don’t ever get cocky. The market can quickly wipe the smile off your face.

Stay awake, alert and mentally prepare yourself before trading my friends, it’s a battlefield out there. Go earn your stars and stripes.

Oren Laurent, CEO at Banc De Binary and Nico Galis, Head Broker mark the entry of their company to the World Finance 100 at the London Stock Exchange. Check out the interview by clicking below.

Also I believe there is a video somewhere of him ringing the bell, so when I get it I will link it as well.

I’ve noticed a trend lately with more people using prepaid credit cards to deposit with binary options brokers. I’ve also noticed it has been taking quite a while for people to get their money refunded back to their cards when doing this with prepaid cards. I’m not really sure why it takes so long, but it does take a great deal longer.

While this is fine for some people I just wanted to let others know the better way to do this is if you wish deposit using this method. Use Moneybookers with the credit card so that just in case something happens to either the card or if you have another problem, you can get your money sent back directly to Moneybookers. This way you can use the money in the account to either go back to the credit card or directly to your bank account. Plus you will get your money a great deal faster from Moneybookers.