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  • #695,981
  • Sep 21, 2012 8:00am Sep 21, 2012 8:00am
Quoting Vachus
Mohan, what's up with this option expiry thing ? and how come its moving everything ?
i am learning about Forex binary options

http://www.forexfactory.com/showthread.php?t=173735
Mohan
  • #695,982
  • Sep 21, 2012 8:00am Sep 21, 2012 8:00am
Quoting Nachiket
good was busy recovering the loss incurred due to helicopter ben and recovered it fully. so took the first trade today. lets see profit or loss
good for you, I just came home 1 h ago, and already made my profit
  • #695,983
  • Sep 21, 2012 8:01am Sep 21, 2012 8:01am
Quoting Z3iz3i
Dont know about that.

But actually today i completely understood how to read market movers mind.
There have been few plot holes
Always learning...

You know what is funny. Not naming the broker and platform but actually before the move started i could not open the position because of re-quote of prices.

That means, i could not see that in eurusd chart, right. Well, i did not but i cant say how i figured it.

So, cash really know way beforehand what direction needs to be taken.
In that sense, game is a bit rigged but have to play with...
I agree with you.
I've understood a few things as well...it was really accumulation above 1,3000.
The move below it was some kind of squeeze.
Unfortunately my pockets are not deep enough to allow me a 60-70 pips stop...but i've got a few longs running
COT: The precious data ignored
  • #695,984
  • Sep 21, 2012 8:01am Sep 21, 2012 8:01am
How about this for trading skills. I bought almost the exact bottom of this up move but closed out for an amazing 13 pips.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eutrap2.gif Size: 20 KB
Click to Enlarge Name: eu trap 3.gif Size: 22 KB
  • #695,985
  • Sep 21, 2012 8:03am Sep 21, 2012 8:03am
Quoting MaxDoom
afternoon kids

I trust that everyone making money.....

I am currently long EU from 2989

looking to see if we get another test at 305x then 307x otherwise I will revert to shorts
already short but looks like got early.
  • #695,986
  • Sep 21, 2012 8:04am Sep 21, 2012 8:04am
1.2938 support level held and bounced up, wish I saw this a bit earlier oh well next time!
  • #695,987
  • Sep 21, 2012 8:05am Sep 21, 2012 8:05am
Quoting mohan76
i am learning about Forex binary options

http://www.forexfactory.com/showthread.php?t=173735
I've tried it before as well.
I don't like trading binaries...you have to know levels and directions perfectly

But check on FF a guy named Dreamliner (i think). he was trading binaries, and has a method. He was trading all in a few minutes before expiry. It seems to work fine...but risky
COT: The precious data ignored
  • #695,988
  • Sep 21, 2012 8:07am Sep 21, 2012 8:07am
oh well, might as well short some more...
  • #695,989
  • Sep 21, 2012 8:07am Sep 21, 2012 8:07am
1,3042 level bounced off...weak rejection so far...let's wait for another attempt.
COT: The precious data ignored
  • #695,990
  • Sep 21, 2012 8:07am Sep 21, 2012 8:07am
here is the scenario

Euro zone had moved price up to collect short pending orders & moved price down to 1.2975

but US has carried it up to over 1.30 again.

now I can trade.

I got the logic.

walker.
  • #695,991
  • Sep 21, 2012 8:08am Sep 21, 2012 8:08am
possibly. because they could not sell at heights what do they do. create a move at europe's high and then sell from there.
  • #695,992
  • Sep 21, 2012 8:09am Sep 21, 2012 8:09am
trap zone is 1.2980 to 1.3040
  • #695,993
  • Sep 21, 2012 8:09am Sep 21, 2012 8:09am
After the first marbuzo candle I bought long option 1 hr expiry, then it was down now after the third down candle I bought a put option and it was crazy up. Don't know after such a candle (the last hour close) how can you go short but am sure if I buy a call option here it would burn me, so Fridays the market is not subject to any rules. Big options traders will push the price to the point it will make their options expire in the money. They will do what ever it takes to make it.
Forex will make you loose but you will stay gambling
  • #695,994
  • Sep 21, 2012 8:10am Sep 21, 2012 8:10am
Quoting Nachiket
possibly. because they could not sell at heights what do they do. create a move at europe's high and then sell from there.
  • #695,995
  • Sep 21, 2012 8:11am Sep 21, 2012 8:11am
im thinking about a long from here sl 5 pips
  • #695,996
  • Sep 21, 2012 8:11am Sep 21, 2012 8:11am
I hate Friday, but it is not even Friday the 13th WTF, only managed to make 108-110=-2 pips so far. bugger
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #695,997
  • Sep 21, 2012 8:15am Sep 21, 2012 8:15am
Quoting undertaker66
im thinking about a long from here sl 5 pips
now or never
  • #695,998
  • Sep 21, 2012 8:15am Sep 21, 2012 8:15am
maybe there's no s/l or whatsoever between 2960-3040 and seems like some smart ass is just playing around...
  • #695,999
  • Sep 21, 2012 8:17am Sep 21, 2012 8:17am
Quoting kuroro001
I've tried it before as well.
I don't like trading binaries...you have to know levels and directions perfectly

But check on FF a guy named Dreamliner (i think). he was trading binaries, and has a method. He was trading all in a few minutes before expiry. It seems to work fine...but risky
thanks
not for trading trying to understand how it's working and how much power they have
Mohan
  • #696,000
  • Sep 21, 2012 8:18am Sep 21, 2012 8:18am
Yeah, F This.

Two trades today for a grand total of +2 pips.
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