FF = Forex Faggots
Nadex trading binary options, you better be losing money on that 3 replies
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Rekon Xs and Market Scanner for Spot and Binary Options 442 replies
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show me one advantage of binary options over spot forex 16 replies
DislikedI've nearly doubled the account a second time now, all is well so far.Ignored
DislikedI still trade at Oanda from time to time, but I find myself moving more and more to binary options. Those things are powerful!
As far as Oanda Box Options, they change the pay out all the time.
You may buy a hit box for $100 and it pays $100.23. Or you may buy a miss box a thousand pips high right in front of the price 15 minutes out, impossible to miss! And it would pay 101.25.
Oanda was way too inconsistent for me.Ignored
Dislikedoanda's box for short-term must hit and must not hit cases
are having less ROI than placing a spot forex position.
this is my impression, so I haven't figured out how to use it for our advantage.
I guess that's due to oanda use machine to calc probability and it don't want to lose, so box price is unreasonably high....
where in future contract case, people have different opinions so contract price could be reasonable at some times.Ignored
DislikedAwesome, man! Keep it up.
I had aprox. tripled over about a five week period, but kept pushing until I got knocked down to slightly better than even. Now I'm working on a disciplined trading plan. I need boundaries!!Ignored
DislikedI also trade with Oanda spot & i saw these box options. Might give them a try. I think i can tell if a pair is not going to hit a box so then why not trade it.Ignored
Dislikedthe formula is
a. if you know it will hit and it hits
do a long/short spot position you can also profit
b. if you know it will hit and it did not hit
do a box trading will lose all 100$ (if the box is short term like ~ hours)
but do a spot position you can hold on to it even if by the time it doesn't hit.... maybe after one week it can go there and at least there is a chance to exit at b/e.
so after I tried, I had not found a profit model to trade oanda box, you can try in fxgame 1st...Ignored
Dislikeddl:
are you still trading correlations or moved to binary? which one is more attractive?Ignored
Disliked1:45 risk reward?
i oppened a "EURUSD to close above 4140" for 2.5. And if a win i will win 100?
looks good, no?Ignored
DislikedDepends on what kind of a trader you are. You have a 2.5% chance of winning, time is against you, and the market must move way past its daily average, against the immediate trend, for you to win this trade. Supposedly, if you take this trade 97.5 times, you will win once.
But some people like this style of trading. I wouldn't trade this way, but to each his own.Ignored
Dislikedit was a sell!!! So i suppose i am betting against price close above 4140.
it is correct?
thanks for reply.Ignored
Dislikedlooks a excellent trade.
this time of day is the best to trade with binaries? Or early in London was better?Ignored
Dislikedwhen i made the first post, price to buy the "eurusd close above 1.4140" was around 2.5.
but the price to open a sell was 2.5 too or something like that.
so, if price close above 1.4140 i receive 100 for the winner and my loss will be 2.5?
and if price close below 1.4140 i receive 100 for the "eurusd close above 1.4140" and my buy will have a loss of 2.5? Win win situatation?
what is wrong with this? If it is a arbitrage, of course it will die posting this on the thread.Ignored
DislikedNot a big fan of Mondays but needed to refine my strategies.
The 'to close above' trades were simple no-brainers with decent lot sizes simply to keep money going into the pot.
The touch trades are more speculative and do rely on the trend holding good. Today it did and all three touches won. The EUR/USD to touch 14100 was taken @ 51.5 around 11:30 am UK so nice profit on that one.
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