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Rekon's Binary Option Trading with M15 Chart

  • #521
  • Jan 17, 2014 8:16am Jan 17, 2014 8:16am
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  • #522
  • Jan 17, 2014 8:21am Jan 17, 2014 8:21am
Quoting Emmpoli
{quote} Totaly lost. Is the simulator for spot forex or binary option?
simulator is a system which will let you observe how the RekonX template works. Go throgh the manual carefully and set it up then observe atleast 6 months data on your preferred time frame i.e M15 or H1 whatever.

Monitor the signals alert given by the RekonX template. Monitor after getting which signal you can place expiry for how many candles, calculate the expiry time in that way.

You can use it for both spot and binary.
  • #523
  • Jan 17, 2014 10:59am Jan 17, 2014 10:59am
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  • #524
  • Jan 17, 2014 1:17pm Jan 17, 2014 1:17pm
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  • #525
  • Jan 18, 2014 11:10am Jan 18, 2014 11:10am
So, from the last one month I have been fine tuning my strategy and method, I wanted to have a single method which will help me to filter out most of the noises and give me more pure set up to trigger a trade.

I do not want to do plenty of trades in a day but a few quality ones. I wanted to have a portfolio which will include almost of all tradeble instruments in the market. So far I have been able to include 108 instruments including forex, commodities, stocks and indices.

I will be adding more in the future.

I have noticed some instruments works good with my method and some are not. I will keep the same method for another month or so for all the instruments and on the 3rd month onwards I will be removing the non-performers.

So, if all goes well we will have a good set of instruments in our portfolio very soon. All we need is to follow the basic.

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  • #526
  • Jan 18, 2014 2:21pm Jan 18, 2014 2:21pm
Hi Rekon67,

I have read some of your post could not understand at all. But last ten pages you have explained very well. Understand little bit. I will try to read right from begining. You have something and it realy make sense. can you please send your indicators, files and template which you are using right now. I will try to do demo it. Thank you and have great year 2014.

Bomi
  • #527
  • Jan 18, 2014 10:58pm Jan 18, 2014 10:58pm
Quoting Bomi
Hi Rekon67, I have read some of your post could not understand at all. But last ten pages you have explained very well. Understand little bit. I will try to read right from begining. You have something and it realy make sense. can you please send your indicators, files and template which you are using right now. I will try to do demo it. Thank you and have great year 2014. Bomi
Please check your FF personal messege settings as I am not able to PM you. However, I just sent you the RekonX template for demo. Kindly note, the detail strategy book for RekonX and Market Scanner both are under progress.

I will try to upload more and more trading videos of how to trade with RekonX template very soon till then please try to read the thread from Page 1, you will get an essence of the strategy.

Please also note, this thread is not about interactive trading strategy discussion but only focused on my personal method of trading which I am trying to improve. So if you find something useful but at the sametime wondering why it is not organised well, it only means there is something which is getting developed with the time.

You will see more advanced concepts, techniques and technologies are coming as this thread progresses. Please stay tuned, read through out, take what you think alright to inherit within your regular intraday strategy, ignore which does not suits you.

Cheers and have a great day ahead!
  • #528
  • Jan 19, 2014 9:03am Jan 19, 2014 9:03am
Quoting rekon67
{quote} Please check your FF personal messege settings as I am not able to PM you. However, I just sent you the RekonX template for demo. Kindly note, the detail strategy book for RekonX and Market Scanner both are under progress. I will try to upload more and more trading videos of how to trade with RekonX template very soon till then please try to read the thread from Page 1, you will get an essence of the strategy. Please also note, this thread is not about interactive trading strategy discussion but only focused on my personal method of trading...
Hi Rekon67,

Thank you for the email. I will follow your instructions and will gothrough your thread from page 1. Also I have change my PM setting. FYI

Bomi
  • #529
  • Jan 19, 2014 9:51am Jan 19, 2014 9:51am
Quoting Bomi
{quote} Hi Rekon67, Thank you for the email. I will follow your instructions and will gothrough your thread from page 1. Also I have change my PM setting. FYI Bomi
  • #530
  • Jan 19, 2014 11:20pm Jan 19, 2014 11:20pm
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  • #531
  • Jan 20, 2014 12:50am Jan 20, 2014 12:50am
Just performed a scan on available stocks and Gold, before UK open. Scan returned no result, so right now will not take any trade, one hour after UK open will re-scan the market on, forex, commodities and available stocks.

Will take a trade only when we get a strong signal.

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  • #532
  • Jan 20, 2014 2:56am Jan 20, 2014 2:56am
No signal from Forex.

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  • #533
  • Jan 20, 2014 4:10am Jan 20, 2014 4:10am
Quoting rekon67
Just performed a scan on available stocks and Gold, before UK open. Scan returned no result, so right now will not take any trade, one hour after UK open will re-scan the market on, forex, commodities and available stocks. Will take a trade only when we get a strong signal. {image}

Good morning Bro, hope your doing good. Thanks for the simulator. So good to see that the market scanner is doing and effective work
  • #534
  • Jan 20, 2014 4:59am Jan 20, 2014 4:59am
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  • #535
  • Jan 20, 2014 5:08am Jan 20, 2014 5:08am
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  • #536
  • Jan 20, 2014 6:08am Jan 20, 2014 6:08am
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  • #537
  • Jan 20, 2014 6:10am Jan 20, 2014 6:10am
Hi REKON67,

I think the new interface of your Market Scanner Tool is fantastic!...Much more attractive and clear than last one!...CONGRATULATIONS!!...And I liked very much your proccess of filtering and pick up the most successful instruments...I think you are doing an unbelievable work!...You are helping a lot to all of us!!

Fer
  • #538
  • Jan 20, 2014 6:14am Jan 20, 2014 6:14am
Please check the fib levels and pivot points, before any entry.

Buy: take entry near pivot or S1, S2, S3 levels
Sell: take entry near R1, R2, R3 or above levels


Buy: If price is alredy lower than S1, S2, S3 levels
Sell: If price is already higher than R1,R2,R3 levels
  • #539
  • Jan 20, 2014 6:37am Jan 20, 2014 6:37am
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  • #540
  • Jan 20, 2014 6:41am Jan 20, 2014 6:41am
Not able to take any entry because sadly my broker is not yet make these instruments available for trading now, so I need to wait for the US session. Will come back in 2 hours time.
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