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Rekon's Binary Option Trading with M15 Chart

  • #681
  • Jan 24, 2014 6:24am Jan 24, 2014 6:24am
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  • #682
  • Jan 24, 2014 6:31am Jan 24, 2014 6:31am


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  • #683
  • Jan 24, 2014 6:36am Jan 24, 2014 6:36am
Post 679 detail observation:

SPOT price was way below S1,S2,S3 + On a selling market, oversold indications = Call
  • #684
  • Jan 24, 2014 6:40am Jan 24, 2014 6:40am
Post 680 Observation:

Not a good time for trading forex, perhaps US will show some direction on instruments.
  • #685
  • Jan 24, 2014 7:26am Jan 24, 2014 7:26am
I personally not like, this kind of set up in Forex. It only suggest a weak market and indicission in many pairs. I will scan again in one hour.

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  • #686
  • Jan 24, 2014 7:30am Jan 24, 2014 7:30am
I was busy entire day, and logged in FF after a long time. I got 45 PMs! Please accept a delayed response from my end, I will reply after market close for the week. Thanks.
  • #687
  • Jan 24, 2014 7:47am Jan 24, 2014 7:47am
It just came to my notice that almost every person is asking about the Market Scanner Application. So, I think I just clear it for all once again.

I know some of you have already following this thread, PM-ed me, send me email from your personal ids, so it is clear to you that I have not started this thread to show you the Market Scanner, rather it just got developed with the idea that "I need to find out a better way of trading the Market".

I do not want to promote or commercialize this product by opening a website and redirecting you all to the purchase link. That is very easy for me and perhaps predictable, so I will not do that.

Market Scanner, is a very smart application and has lot of promises in future but it is again just a tool which you need to use carefully and proper knowledge of all technicals, otherwise it has no power to help you.

You will see pleanty of threads here in FF and plenty of different methods, but I can gurantee there is no thread like this which regularly updates with tangible target and achiving it at the days end.

So I will continue this thread for some time more till I finish developing the RekonX and Market Scanner combo, will close this thread successfully and start a new thread which will be dedicated for daily trading with RekonXs and Market Scanner.

I know there are various mindset of people visit here with different intentions, so just to filter them out and having only true followers of RekonXs I will be starting "Software as services" which will be limited to a group of people only. So only who want to try this in real and regularly are invited.

I will shortly update further on this.

Best Regards,
Rekon
  • #688
  • Jan 24, 2014 10:39am Jan 24, 2014 10:39am
Quoting rekon67
I was busy entire day, and logged in FF after a long time. I got 45 PMs! Please accept a delayed response from my end, I will reply after market close for the week. Thanks.
your welcome Bro, network is messing up in ma end here
  • #689
  • Jan 24, 2014 10:43am Jan 24, 2014 10:43am
I am not looking at Forex, As I see in equity market is falling = USD getting based by all majors.

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  • #690
  • Jan 25, 2014 8:48am Jan 25, 2014 8:48am
Market Scanner Application is all set to release on 29th Jan 2014, publicly. However, this release will be limited to a group of users only. We might encounter bugs as well in the first release

Inserted Video
  • #691
  • Jan 25, 2014 10:20am Jan 25, 2014 10:20am
Hi Rekon,

I have loaded your daily TPL on eur/usd and it is working fine. Quick question should I load daily tpl on all the charts which you have mentioned on 1st page? (EURUSD, GBPUSD, USDJPY, EURAUD, GBPAUD, GBPJPY, AUDUSD, EURGBP) Yesterday I have check the past history of eur/usd with your daily tpl and it was giving very good indication buy & sell signals. Especially divergence, also your macd gives signal well in advance before RSX14. Besides watching other thing also I just want to know should I follow all instruction which you have mentioned for 15-tpl or are there any special instruction to be follow? Your help is appreciated and thanks for everything.

Bomi
  • #692
  • Jan 25, 2014 11:27am Jan 25, 2014 11:27am
Quoting Bomi
Hi Rekon, I have loaded your daily TPL on eur/usd and it is working fine. Quick question should I load daily tpl on all the charts which you have mentioned on 1st page? (EURUSD, GBPUSD, USDJPY, EURAUD, GBPAUD, GBPJPY, AUDUSD, EURGBP) Yesterday I have check the past history of eur/usd with your daily tpl and it was giving very good indication buy & sell signals. Especially divergence, also your macd gives signal well in advance before RSX14. Besides watching other thing also I just want to know should I follow all instruction which you have mentioned...
Great that you able to set this up by your own. You can trade on any pairs with RekonX, just be careful about the "slowness" so carefully load the charts untill you find the "slowness", so it all depends upon your system's hardware configuration and internet speed. I use Intel i5 processor with 4 GB RAM, OS is windows 7 and High speed internet so I can work with 10 pairs symultaneously.

See, RekonX is a "Signal Factory" and covers all most of all which you need for trading Spot or Binary. Multiple options are given so that whichever you prefer you can take that.

If you want to play really safe, then switch to H4 and only wait for Dark Cloud Cover price Action Pattern to appear to sell the immediate next candle, Or wait for "Harami" signal or "Pinbar" to buy etc.


I will shortly compile the strategy book of RekonXs, till then try using simulator to watch how all signals appear.

Hope that helps.
  • #693
  • Jan 25, 2014 12:27pm Jan 25, 2014 12:27pm
Rekon Xs: Trade Videos

I will be publishing a series of Trade videos on YouTube about using RekonXs.

This series will focus on 15 to 30 mins Binary Options Expiry.

Understanding RekonXs is not a one day thing, there are plenty of different technicals which requirs proper understanding and practicing those gives you the edge of winning the market everyday.

So, in each video, I will be focusing on a particular technical and somtimes a combination of technicals. Watch, Understand, Try and Win!
  • #694
  • Jan 25, 2014 4:40pm Jan 25, 2014 4:40pm
What a brilliant idea about your Youtube Trade Videos!...That will improve our learning process a lot, Bro...Will you include some videos about Money Management and how to use your Risk Table?....Thanks a lot in advance for helping us to become better traders!!

Have a nice weekend REKON!

Fer
  • #695
  • Jan 25, 2014 11:01pm Jan 25, 2014 11:01pm
Quoting freedomfer
What a brilliant idea about your Youtube Trade Videos!...That will improve our learning process a lot, Bro...Will you include some videos about Money Management and how to use your Risk Table?....Thanks a lot in advance for helping us to become better traders!! Have a nice weekend REKON! Fer
Thanks Free! The video series is going to be the most important part of RekonXs strategies compilation. I will keep the first series short and focus on how the technicals combinely create a "Set Up" for "PUT" or "Call" in M30.

Have a nice weekend ahead
  • #696
  • Jan 26, 2014 9:39am Jan 26, 2014 9:39am
Quoting rekon67
{quote} Great that you able to set this up by your own. You can trade on any pairs with RekonX, just be careful about the "slowness" so carefully load the charts untill you find the "slowness", so it all depends upon your system's hardware configuration and internet speed. I use Intel i5 processor with 4 GB RAM, OS is windows 7 and High speed internet so I can work with 10 pairs symultaneously. See, RekonX is a "Signal Factory" and covers all most of all which you need for trading Spot or Binary. Multiple options are given so that whichever you...
Hi Rekon,

Thank you for prompt reply. I will follow your instruction. I will load only charts which you have mentioned in the first page. Also will check your scanner report, which will give me right direction to trade currencies. I don't have any knowledge about Binary option that's why I am not doing it. But for you it is very easy. 99% your options trades are positive. I still go through your option trade everyday and try to learn something. Good luck for coming week.

Bomi
  • #697
  • Jan 26, 2014 10:33am Jan 26, 2014 10:33am
Market Scanner Design Architecture

Just for your information, I am publishing the design architecture of Market Scanner Application. If you understand the design and have any proposal for a better architecture please share. Thanks.

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  • #698
  • Jan 26, 2014 10:54am Jan 26, 2014 10:54am
Market Scanner System Specifications and some more Insight

System Requirement

OS: Windows XP Service Pack 3 and Higher, Preferable Windows 7 and above
RAM: Atleast 2 GB
CPU: Core i3 and above is better (if Intel); 2GHz and above is good
OFFICE EXCEL 2007: A full version of Microsoft Office Excel 2007 is require

Internet

High Speed Internet is require for faster scan

Technical FACTs

1. You do not need MT4 to Open for running this App, It runs on its own 24*7 including Sat and Sun days.
2. The Data feed it takes from a very reliable broker, there is a chance of slight difference in data which it takes and what your broker offers, however, it is very merginal and negligible.
3. It gives you total 22 technical studies which includes RSI, CCI, STOCH, STOCHRSI, MA, WILLIAM %, BULL/BEAR Power, ROC, Ultimate Oscilator, High/Low, ATR, ADX and MACD.
4. Fib Levels: 3 Support levels, 3 Resistance Levels and Pivot Price for the Hour is available in the App and dynamically it changes if price creates a new High/Low.
5. Indicators: It gives 4 states of Price by studying the each technical, so you will get green for buy, red for sell, yellow for over bought/over sold and white for nutral.
  • #699
  • Jan 26, 2014 11:42am Jan 26, 2014 11:42am
Quoting rekon67
Rekon Xs: Trade Videos I will be publishing a series of Trade videos on YouTube about using RekonXs. This series will focus on 15 to 30 mins Binary Options Expiry. Understanding RekonXs is not a one day thing, there are plenty of different technicals which requirs proper understanding and practicing those gives you the edge of winning the market everyday. So, in each video, I will be focusing on a particular technical and somtimes a combination of technicals. Watch, Understand, Try and Win!

happy Lords day Bro, your really doing a great job. I and other Rekon67 subscribers are greatly. Happy trading week
  • #700
  • Jan 26, 2014 11:53am Jan 26, 2014 11:53am
Rekon Xs: Video Series (#1. Understanding different Technicals)


1.A. Trading With RekonXs: Put Option for 30 Mins with Fractal, EMA220 and Verified Resistance on M30

Inserted Video
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