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Rekon's Binary Option Trading with M15 Chart

  • #481
  • Jan 15, 2014 6:57am Jan 15, 2014 6:57am
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  • #482
  • Jan 15, 2014 7:03am Jan 15, 2014 7:03am
Here is what I see.

1. Volume: A recent spike happened, volume dropped but price is still going downwards.
2. RsX: in the Sell Zone
3. RCCI: Red = Sell
4. RMACD: Crossed down ~ Sell
5. Fractal: Recent swing high = next candle is sell in a bear market
6. Red or Short Term MA ~ Trigger, Price is below = sell
7. Daily Candle= Bearish
8. Bearish MA
9. Near a resistance

* Price just touched and rejected by 23.6 fib
  • #483
  • Jan 15, 2014 7:21am Jan 15, 2014 7:21am
Its may be not much, but real money

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  • #484
  • Jan 15, 2014 7:24am Jan 15, 2014 7:24am
Similarly we can try for many entries, but that I am not going to do. Binary is all about perfection - Your Analysis, Your System, Your Mindset, Your Health all needs to be finely tuned and synchronised.

We should have a monthly target and compound everyday, trade less but trade good
  • #485
  • Jan 15, 2014 7:37am Jan 15, 2014 7:37am
If you are trading on the template, Just notice the fractal reversal happened on U/J and we can take a PUT for 25 to 45 mins.

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  • #486
  • Jan 15, 2014 7:49am Jan 15, 2014 7:49am
Quoting rekon67
If you are trading on the template, Just notice the fractal reversal happened on U/J and we can take a PUT for 25 to 45 mins. {image}
So, whoever not sure yet, about the fractal reversal, it is a very early indication of probable trend change in shorter time frame. Now lets have a re-look again.

What you got? A bearish engulfing, confirming the reversal!

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  • #487
  • Jan 15, 2014 7:50am Jan 15, 2014 7:50am
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  • #488
  • Jan 15, 2014 7:52am Jan 15, 2014 7:52am
Now, lets scan the market again. The game changed! Money shifted to some other place

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  • #489
  • Jan 15, 2014 8:30am Jan 15, 2014 8:30am
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  • #490
  • Jan 15, 2014 8:35am Jan 15, 2014 8:35am
So, here we just see how the RekonX and Market Scanner combo can play together and really help in trading spot and binary both!

Just recap again!

1. Market Scan ---> Instrument found to monitor for next 2 hours
2. RekonX template --> Entry scan and taken
3. Expired in profit
4. Check for any reversal or with trade entry further for 30 mins
5. Take it if confirmed by your analysis
5. Rescan the Market
6. Exit
  • #491
  • Jan 15, 2014 11:32am Jan 15, 2014 11:32am
Quoting rekon67
So, here we just see how the RekonX and Market Scanner combo can play together and really help in trading spot and binary both! Just recap again! 1. Market Scan ---> Instrument found to monitor for next 2 hours 2. RekonX template --> Entry scan and taken 3. Expired in profit 4. Check for any reversal or with trade entry further for 30 mins 5. Take it if confirmed by your analysis 5. Rescan the Market 6. Exit
Good evening Bro, the explanation is cool. av been waiting for this explanation for so long, now i know what to look for in the template.
  • #492
  • Jan 15, 2014 11:38am Jan 15, 2014 11:38am
Quoting rekon67
If you are trading on the template, Just notice the fractal reversal happened on U/J and we can take a PUT for 25 to 45 mins. {image}
So in other words, when I see a fractal appear, I should have in mind that a reversal will soon occur. am I right??
  • #493
  • Jan 15, 2014 11:40am Jan 15, 2014 11:40am
Quoting rekon67
{image}
nice Streak Bro. will soon reach your trading level. wish me luck
  • #494
  • Jan 15, 2014 12:05pm Jan 15, 2014 12:05pm
Quoting rekon67
{quote} All good here. Interesting to know about the fish firm. Is that river fishes or sea fishes?
lol. Its african mud fish(cat fish). I hatch and breed
  • #495
  • Jan 15, 2014 11:11pm Jan 15, 2014 11:11pm
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  • #496
  • Jan 15, 2014 11:17pm Jan 15, 2014 11:17pm
Quoting Emmpoli
{quote} So in other words, when I see a fractal appear, I should have in mind that a reversal will soon occur. am I right??
Yes, correct, however do not go against a strong trend, if you found the market is ranging or just got "Range Bound" from "Trending" then you use fractal signal for contra entry.
  • #497
  • Jan 15, 2014 11:24pm Jan 15, 2014 11:24pm
Quoting Emmpoli
{quote} nice Streak Bro. will soon reach your trading level. wish me luck
Best of Luck

Don't get emotional let the mathametics work for you.
Be Analytical.
Do not gamble, do not put cash bundles on your broker's hand rather split the amount in small And compound it.
The more you stay in the game the more you get edge on the game.

Then You are THE GAME.
  • #498
  • Jan 16, 2014 12:05am Jan 16, 2014 12:05am
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  • #499
  • Jan 16, 2014 2:00am Jan 16, 2014 2:00am
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  • #500
  • Jan 16, 2014 2:25am Jan 16, 2014 2:25am
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