To make sense of the erratic price movements in these short time frames, technical analysis uses instruments such as trends, and candlesticks are invaluable instruments.
To create your own 60 Seconds binary options strategy, you have a few options. First of all, you can look for trends in short time frames. Trends are zig-zag movements that take the market to new highs and lows. Trends on short time frames are short lived, but they allow you to win a 60 seconds options when you recognize them.
Another ingredient to your 60 Seconds trading strategy could be candlesticks.
Candlesticks are a special way of displaying market movements that provides more information than the classic line charts many traders new from TV. Candlesticks display the opening price and the closing price of each trading period as two lines connected by a thick line and the high and the low of each period as a thinner wick to each end. With this simple way of displaying market movements, you know the entire price range of a period and never miss any information.
Because candlestick charts cram so much information into every candlestick, a single candlestick is often enough to allow for sophisticated predictions about what will happen next. By learning a few simple candlestick formations and the predictions for which they allow, you can easily find trading opportunities that are ideal for 60 seconds options.
In this case, make sure each candlestick represents a time frame of at least 15 seconds, or the movements will be too random. Finally, you can use technical indicators like the Moving Average to generate signals. In any case, the experience is an especially important ingredient to making good decisions in such a fast paced environment.