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Binary Trading made simple

  • #61
  • Jun 18, 2014 11:51am Jun 18, 2014 11:51am
Target reach for NY session

Win 6
Lose 1

Total +5 trade, target of $200 done

Strategy use : Resistance ( Price at high of m1 )

Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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My account is 4 times of what I start with at 4 days ago.


Now just wait for FOMC statement to be done and then I can continue my Spot Forex trading for longer term positions.
Learn to Trade is Important. Keep your bias & ego aside.
  • #62
  • Jun 18, 2014 11:55am Jun 18, 2014 11:55am
Anyone got question or success story trading the same way as I am, feel free to post it at this thread such as your winning chart, entries, losing chart or entries
or any question you wanna ask related to Binary Trading.
Learn to Trade is Important. Keep your bias & ego aside.
  • #63
  • Jun 18, 2014 12:02pm Jun 18, 2014 12:02pm
What do you think about Martingale system used in binary. I don't see how it could fail.. Given conditions are: you have reasonably big account, you enter on something at least bollinger or/and stochastic just to know where the price is..
  • #64
  • Jun 18, 2014 12:29pm Jun 18, 2014 12:29pm
Quoting Filipson
What do you think about Martingale system used in binary. I don't see how it could fail.. Given conditions are: you have reasonably big account, you enter on something at least bollinger or/and stochastic just to know where the price is..
I did martingale for my entries.

50,61,135

But I limit to 3 loss streak then I reset it to 50 again

Sometime when you got unlucky or so, it does happen. It is wiser to stay low and not continue exponential increase your bet amount.
Learn to Trade is Important. Keep your bias & ego aside.
  • #65
  • Jun 18, 2014 1:25pm Jun 18, 2014 1:25pm
FOMC statement play

Lose 2 trade ( 1 lose by a few seconds .. )
Win 4 Trades


Overall win 2

Strategy: Entry long at Low of EUR/USD & GBP/USD during the movement.

Attached Image (click to enlarge)
Click to Enlarge Name: fomc.png Size: 21 KB
Learn to Trade is Important. Keep your bias & ego aside.
  • #66
  • Jun 18, 2014 1:51pm Jun 18, 2014 1:51pm
1 More trade win.. but the payout drop to 75%, I din't notice, as the time for good payout is over..

Entry reason was Lower High / Trend Line (Down)

Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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Extra time play...

Win 2
Lose 1


Okay conclude today trading.. a bit over stretched due to FOMC..
Learn to Trade is Important. Keep your bias & ego aside.
  • #67
  • Jun 18, 2014 4:13pm Jun 18, 2014 4:13pm
Quoting chaosbun
Target reach for NY session Win 6 Lose 1 Total +5 trade, target of $200 done Strategy use : Resistance ( Price at high of m1 ) {image} {image} My account is 4 times of what I start with at 4 days ago. Now just wait for FOMC statement to be done and then I can continue my Spot Forex trading for longer term positions.

Could I ask why on the chart where you shorted the 1 minute you did not take the break of the down trend line with the uptrend and the return to the trading range.

Thank you
  • #68
  • Jun 19, 2014 12:11am Jun 19, 2014 12:11am
Quoting jrviking
{quote} Could I ask why on the chart where you shorted the 1 minute you did not take the break of the down trend line with the uptrend and the return to the trading range. Thank you
Hmm which part you mean Can help me circle the chart and post the chart so its easier to explain, the chart on the quote you mention is open as price reach M1 high and the resistance seems to hold so I went for a short
Learn to Trade is Important. Keep your bias & ego aside.
  • #69
  • Jun 19, 2014 4:35am Jun 19, 2014 4:35am
1 more trade to win to reach my target for London session..

Guys do you all need any help or question on binary trading, be it broker, entries, expiration or others.
Learn to Trade is Important. Keep your bias & ego aside.
  • #70
  • Jun 19, 2014 10:21am Jun 19, 2014 10:21am

  1. chaosbun
  2. Pls how long have you been using this method?

  • #71
  • Jun 19, 2014 10:48am Jun 19, 2014 10:48am
Quoting grugged
chaosbun Pls how long have you been using this method?
To date 5 days, I am just using basic forex technique as mention in the thread.
Learn to Trade is Important. Keep your bias & ego aside.
  • #72
  • Jun 19, 2014 11:46am Jun 19, 2014 11:46am
I will temporary not able trade binary as I realize when I open a trade, there is extra 0.5 pip add to my position in towards the broker advantage.
Resulting some of my position which was plant nicely lost by that 0.1 pip or so, start to feel weird about it and I did some testing by open new position
realize the Live price was lets say 136.055 and it give me quote like 136.060 if I go for long or 136.050 if I go for short and it happen on all my
new open positions.


Not sure if it because of my win streak, the broker start turn shady. I will maybe find another broker and continue this thread.
Learn to Trade is Important. Keep your bias & ego aside.
  • #73
  • Jun 19, 2014 1:39pm Jun 19, 2014 1:39pm
Hi Chaos, I'm following you since you opened this thread. Your results are excellent and the SR technique you use is undoubtedly the best technique to operate safely with binary options, don't look for others. I see that most of the time you have worked on 10 minutes trade; have you checked if the results still positive even with 5 minutes trade? Unfortunately, my broker doesn't offer 10 minutes trade, only 1,2,5,20,60. Payouts fixed at 81%.

Thank you for the time you spend there.

Mike
  • #74
  • Jun 19, 2014 4:51pm Jun 19, 2014 4:51pm
Quoting ilMike
Hi Chaos, I'm following you since you opened this thread. Your results are excellent and the SR technique you use is undoubtedly the best technique to operate safely with binary options, don't look for others. I see that most of the time you have worked on 10 minutes trade; have you checked if the results still positive even with 5 minutes trade? Unfortunately, my broker doesn't offer 10 minutes trade, only 1,2,5,20,60. Payouts fixed at 81%. Thank you for the time you spend there. Mike
What broker you using ? I think of quitting my this broker because of the dishonesty, but to think there no much honesty with binary trading in the first place.

I don't like the idea of 0.5 pip spread on top of the trade I place for binary.
Learn to Trade is Important. Keep your bias & ego aside.
  • #75
  • Jun 20, 2014 2:01pm Jun 20, 2014 2:01pm
Quoting chaosbun
{quote} What broker you using ? I think of quitting my this broker because of the dishonesty, but to think there no much honesty with binary trading in the first place. I don't like the idea of 0.5 pip spread on top of the trade I place for binary.
PM for you.

Regarding your tecnique, you've talked about the price action es: HH-HL LH-LL. Do you look the behavior/movement of the classic candles stick or always in Heiken-ashi?
I think that this is the most important rule. Ther's a specific way/rule that you use for establish the price action before trade?

Hoping I do not seem banal

Thanks
  • #76
  • Jun 20, 2014 7:15pm Jun 20, 2014 7:15pm
Quoting chaosbun
{quote} What broker you using ? I think of quitting my this broker because of the dishonesty, but to think there no much honesty with binary trading in the first place. I don't like the idea of 0.5 pip spread on top of the trade I place for binary.
Hello Chaos

You might want to look at IG they are the largest derivatives in the world or Nadex. Both are regulated. What is happening is yu are winning to much becareful that they don't freeze your account.
  • #77
  • Jun 21, 2014 1:10am Jun 21, 2014 1:10am
Quoting ilMike
{quote} PM for you. Regarding your tecnique, you've talked about the price action es: HH-HL LH-LL. Do you look the behavior/movement of the classic candles stick or always in Heiken-ashi? I think that this is the most important rule. Ther's a specific way/rule that you use for establish the price action before trade? Hoping I do not seem banal Thanks
I am trying a new strategy, I manage to decode part of my entry with my system entry number 4, the genesis system, which in combination with the basic HL,HH, Trend, Support/Resistance, I get quite a good movement for it. Will post more if I am able to trade binary option again with lets say IG market.

Quoting jrviking
{quote} Hello Chaos You might want to look at IG they are the largest derivatives in the world or Nadex. Both are regulated. What is happening is yu are winning to much becareful that they don't freeze your account.
I applied for IG, but they don't allow digital signature. So I ask them mail me a physical copy of risk disclosure and should be ready to go Thanks for recommendation, same thanks to iMike too for same broker recommendation
Learn to Trade is Important. Keep your bias & ego aside.
  • #78
  • Jun 21, 2014 2:08am Jun 21, 2014 2:08am
Quoting chaosbun
I applied for IG, but they don't allow digital signature. So I ask them mail me a physical copy of risk disclosure and should be ready to go Thanks for recommendation, same thanks to iMike too for same broker recommendation
Thanks to you. We await your feelings with the IG platform, hoping that together we can create a strategy with high reliability.
  • #79
  • Jun 21, 2014 12:09pm Jun 21, 2014 12:09pm
Youtube Finding 1

Inserted Video


Did anyone use such money management to trade binary ? Its feasible if you are sort of like very rich.



But martingale strategy is a very risky money management because to break even of your initial capital, you will need to win N amount of times which math say you will fail thou, but forex is a high probability gambling.

I was just going this

24 29 64 for a 82% payout, sort of same as the video above, but my edge was I am able to calculate the movement better with a 10 minutes expiry thou than mindlessly open position by exponential size
Learn to Trade is Important. Keep your bias & ego aside.
  • #80
  • Jun 21, 2014 12:16pm Jun 21, 2014 12:16pm
Anyone know how IG market work ? I try the platform in demo and saw only

Daily No Touch, Touch kind of options.

Is there some sort of 5 or 10 minutes expiry forex option for pairs like EURO,GBP etc?
Learn to Trade is Important. Keep your bias & ego aside.
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