Following the big money

Risky STE. Risk is fully covered. One losing binary trade at EUR/USD 200EMA. 8 pts loss

Stop at +1p.

One stop hit. Current stop at +2p

Stop at +10 pips.

Good day for STE.

When you treat binary options as a financial instrument you can have an edge. This is one of the best set ups - test of round number support. If I was trading spot the largest profit was 4 pips. Now you can calculate yourself. The trick is that when you have a set up you may not find the right option. I won't lie that this is the holy grail.

STE @ 200 EMA. Stop 3.9p. 1st part +4p

15 minutes nothing happens. Second part closed, stop at -3 pips.

Stop @ BE. Market is moving in slow motion. Quote reading shows no major buyers or sellers.

Stop @ +9 pips

I'm busy with finishing of my books, but managed to sell GBP/USD. The entry and exits are more complicated than they should be. The right entry was at the highest EMA. However now the stop is at +5 pips.

7 pips scalp. The last part of the initial position is still live,

Last part closed for 26 pips profit. Bids at 1.6050.

hi srmfx


it would be interesting to know what your actual entry and exit criteria is when taking trades.

perhaps you could list the criterias as bullet points, for the benefit of all others. from reading some of your posts you dont seem to have any conrete rules you use.

If I can summarize, my strategy is indeed Follow the big money. I have 15 years +- experience and it allows me to see various trading opportunities.
In general I have to following main strategies:
Spot:
- trading around strong levels of support (long) and resistance (short). Entries are filtered with quote reading. Today the short GBP/USD positions was closed at 1.6050 because the quotes confirmed the bids at this support (entry was STE).
- STE - trading with 20, 50, 100 and 200 EMAs. Position and direction of the EMAs show the trend. Entries are at the EMAs. A lot of additional filters applied. Quote reading is the most important of them.
Options:
- Directional - every strategies that i trade on spot. Options provide me with much better R/R ratio.
- Volatility - every predictable change in volatility whether it is cyclical or event driven.
These are my strategies in general. What they are based on and specific rules are described in 5 books. I explained all this thousands of times and decided that it is the best way for me and the people that are asking.

I bought at 200 EMA because of the large uptick above 200 EMA

1st part closed for profit equal to the initial stop. 22nd part closed 20 minutes after opening (time limit). Stop now is -3.6 pips.

Lazy Monday STE. Stop is -4 pips.

I missed the first STE, second one was losing, but this one is developing OK so far.

every time first STE have good result in high liquidity markets


STE , especially First STE work good on every market & every Time Frame:

& right place in m1:

STE at 100 EMA on 15M chart. Pretty slow market.