The binary options 60 second indicator is in very strong demand with day traders.
Boston, MA (PRWEB) August 20, 2013
With a small group of testers anxiously waiting, ITM Financial released its binary options 60 second and 5 minute indicators this week. The indicators are designed to give traders an advantage in the quickly evolving binary options market. The indicators, which help predict the movement of a certain option over the next 60 seconds or 5 minute time frame, have strong demand among day traders in Europe, the US, and Asia. "The amount of downloads and testing of the indicators was really fantastic for the first few days," added CEO, Curt Dalton. "With a success rate of over 65% and many traders wanting more advanced products, we consider the first 24 hours a huge success," added Dalton.
Binary options can be traded on worldwide platforms and include such asset classes as currencies, commodities, stocks, and futures. "You can basically trade the direction of Apple stock, the EUR.USD currency pair, or even gold, all in the same 60 second or 5 minute time frame," added Ali Khan, CTO of ITM Financial. "It gives traders a quick way to hedge an equity position without having to risk a ton of capital," added Khan.
ITM Financial develops trading tools for financial firms and traders in the forex market as well as the binary options market. Their soon to be released US stock market picking software is creating a large buzz among hedge funds and traders who use scalping techniques. "Right now everyone in the trading world is looking to gain an advantage in their knowledge base. If we can give traders a new insight or angle they haven't seen before, then that could lead to tremendous profits." added Dalton. "The 60 second indicators and 5 minute indicators give the trader just that, a glimpse into which direction an asset is going to move in a very short time period.
For more information, please visit http://www.binaryoptionstradingITM.com