Over the last week I've started to trade binary options after several years away from Forex. So far my efforts have resulted in success which is why I've decided to properly track everything going forward.
Main Strategy - Identify potential 1M support/resistance. If price looks like it will reverse (candle stick pattern, stalled momentum, large wicks, fib level etc) place a trade in the opposite direction for 5 minutes. Almost entirely based on gut instinct. 8am to 11am EST
Experimental Strategy - Same as above except after New York close and before Tokyo open. During this time some markets will trade in predictable ranges of a few pips.
Markets - FX pairs EUR/USD AUD/USD and NASDAQ-100 Futures
Starting Balance @ $75 / 0.271 BTC
Total Trades - 11
Win - 7
Draw - 1
Loss - 3
Current Balance - 0.304 BTC ($ 86)
Although, the USD equivalent will vary because my account currency is Bitcoin rather than USD
Main Strategy - Identify potential 1M support/resistance. If price looks like it will reverse (candle stick pattern, stalled momentum, large wicks, fib level etc) place a trade in the opposite direction for 5 minutes. Almost entirely based on gut instinct. 8am to 11am EST
Experimental Strategy - Same as above except after New York close and before Tokyo open. During this time some markets will trade in predictable ranges of a few pips.
Markets - FX pairs EUR/USD AUD/USD and NASDAQ-100 Futures
Starting Balance @ $75 / 0.271 BTC
Total Trades - 11
Win - 7
Draw - 1
Loss - 3
Current Balance - 0.304 BTC ($ 86)
Although, the USD equivalent will vary because my account currency is Bitcoin rather than USD