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I want to explain it more deeply, so binary value 01010110, it shows that the 64 16 4 2 bits are on in this value and if we shall add them, we shall find this 64 16 4 2 86, which is equal to the binary value of 01010110.
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Overall, binary options fall into the interesting but not ready for trading category. The difference is that two price barriers are used rather than only one.
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