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Rekon's Binary Option Trading with M15 Chart

  • #361
  • Jan 10, 2014 10:26am Jan 10, 2014 10:26am
;-)
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  • #362
  • Jan 10, 2014 10:58am Jan 10, 2014 10:58am
Scan for this hour
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  • #363
  • Jan 10, 2014 11:59am Jan 10, 2014 11:59am
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  • #364
  • Jan 10, 2014 12:01pm Jan 10, 2014 12:01pm


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  • #365
  • Jan 10, 2014 3:16pm Jan 10, 2014 3:16pm
Good results Bro. Do you do further analysis after the indicator gives you signal
  • #366
  • Jan 10, 2014 9:45pm Jan 10, 2014 9:45pm
Quoting Emmpoli
Good results Bro. Do you do further analysis after the indicator gives you signal
Ya, even a strong selling or buying market you need to take better point for the hour. In a selling market you need to wait for 15 mins or so to see a price spike or consolidation, then you take entry viceversa for a strong buying market.

On contra, a strong selling or buying market could be oversold or overbought for the hour then there will be a sudden price drop or high and you do a contra, that is buy in a oversold market or sell in a overbought market.

Judging these situations are very important in Binary.
  • #367
  • Jan 10, 2014 10:01pm Jan 10, 2014 10:01pm
A best example is just in front of you, let me explain this.

1. My 20 indicators set are showing strong sell for the hour.
2. I go to the instrument, look at the chart, as binary can not be automated, we need to manually find out the best entry for us.
3. I took a PUT on EBAY for 50 mins.
4. 30 Mins later there was a sudden price spike.
5. Do not panic, re-scan the market.
6. Indicators are still showing strong sell, if the market turned oversold and buyers entered, then atleast one indi turned buy, in that case we just can do nothing and treat it as bad entry. (That is why i prefer 15-30 mins expiry but the broker does not allow)
7. After rescanning I found nothing has changed, all indicators are still showing sell.
8. I reentered at better price, It helped me not to panic, rather take a with trend entry for 15 mins.
9. Both of the positions closed in profit at expiry
  • #368
  • Jan 11, 2014 8:37am Jan 11, 2014 8:37am
Quoting rekon67
A best example is just in front of you, let me explain this. 1. My 20 indicators set are showing strong sell for the hour. 2. I go to the instrument, look at the chart, as binary can not be automated, we need to manually find out the best entry for us. 3. I took a PUT on EBAY for 50 mins. 4. 30 Mins later there was a sudden price spike. 5. Do not panic, re-scan the market. 6. Indicators are still showing strong sell, if the market turned oversold and buyers entered, then atleast one indi turned buy, in that case we just can do nothing and treat...
A very detailed explanation and to be honest the first i have really understood what you meant. I know with chart illustration added, i will fully grab everything. looking forward to becoming a profitable binary option trader with your help. We almost trade the same pattern. i usually wait for 15 minutes candle to close so i can see what price is doing before considering to trade or not. thanks once again and I hope your are making progress with your new indicator. looking forward to testing it. pls i have a question and it is, what is higher low/ lower high?
  • #369
  • Jan 11, 2014 9:37am Jan 11, 2014 9:37am
You can switch to binary.com, the is time flexibility there. i.e you can set the time you want your trade to last and also 24option.com although its not really time flexible like binary.com, but i think the should have 15mintues expiry cos the have 30minutes. The reason i choose this two broker is that i have seen people withdraw their profit from them.
  • #370
  • Jan 12, 2014 9:32am Jan 12, 2014 9:32am
Quoting rekon67
Emmpoli bro, I just sent you the files, you may delete the email id you posted above. Try to use PM only for any personal communication. Please understand it is a open public forum and intruiders, lurkers are all around. Even exposing an email address could cost you identity theft.
happy Lord's day Bro. have tried deleting this post but i cant, any help on how to remove it??
  • #371
  • Jan 12, 2014 10:12am Jan 12, 2014 10:12am
Quoting Emmpoli
{quote} ...pls i have a question and it is, what is higher low/ lower high?
1. When the instrument is in Trend
2. The Trend is up
3. The first retracement down --- we call it higher low, when the trend continues up it creates many higher lows.

Viceversa when the trend is down it creates lower high.

Hope this helps.
  • #372
  • Jan 12, 2014 10:13am Jan 12, 2014 10:13am
Quoting Emmpoli
You can switch to binary.com, the is time flexibility there. i.e you can set the time you want your trade to last and also 24option.com although its not really time flexible like binary.com, but i think the should have 15mintues expiry cos the have 30minutes. The reason i choose this two broker is that i have seen people withdraw their profit from them.
Ya, I have account with binary. com previously it was betonmarket, I have account with them from last one year.
  • #373
  • Jan 12, 2014 10:16am Jan 12, 2014 10:16am
Quoting Emmpoli
{quote} happy Lord's day Bro. have tried deleting this post but i cant, any help on how to remove it??
Happy Lord's Day, bro we have "Pongal" ~ "Harvest Season" coming on tuesday.
  • #374
  • Jan 13, 2014 1:21am Jan 13, 2014 1:21am
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  • #375
  • Jan 13, 2014 1:29am Jan 13, 2014 1:29am
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  • #376
  • Jan 13, 2014 2:18am Jan 13, 2014 2:18am
Presently running ...

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  • #377
  • Jan 13, 2014 2:23am Jan 13, 2014 2:23am
Started the same strategy on forex and commodities, however a bit risky on them in my opinion.

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  • #378
  • Jan 13, 2014 2:29am Jan 13, 2014 2:29am
Quoting rekon67
Presently running ... {image}
good morning Bro, wish u a profitable week. why didnt u trade tata motors, it seems the had more buyers confirmation than all other stocks
  • #379
  • Jan 13, 2014 2:37am Jan 13, 2014 2:37am
Quoting Emmpoli
{quote} good morning Bro, wish u a profitable week. why didnt u trade tata motors, it seems the had more buyers confirmation than all other stocks
See the screenshot posted above, I am on buy Tata Motors, good that you are paying close attention
  • #380
  • Jan 13, 2014 2:40am Jan 13, 2014 2:40am
It expires 1 hour and 30 mins from now, as usual I could not get a custom expiry due to my broker
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