Rekon's Binary Option Trading with M15 Chart

Hi Rekon,

Very Precise and detail explanation. Can you advice me. Which Binary broker you are using? Thank you for this thread which you have started It help me a lot. I hope you will continue with TRADYING SYSTEM in FF and will guide lots and lots of people. Appreciated your work and efforts.
Bomi

Hi Bomi,

Please search for "Licenced Binary Brokers".

*** Important Announcement about Market Scanner Application ***

This is just a Heads Up to all 79 PMs I have received about Market Scanner Application. First of all thank you all for your interest on trying this Application.

Here are few facts again I just want to clear to all.

First, adhering to FF rules, I am not involving myself to any direct selling or promotion of this product, users who want to try it are welcome and all communication needs to be done via Personal Message and email.

Second, once you receive the Application, you are welcome to post any technical concerns in this thread till 31st Jan 2014, later we will move to a different thread and I will inform you all in advance.

Third, this application is not going to be a free one, not even for demo, it requires server maintenance charges, a detailed cost structure and proper communication will be sending to the group.

Fourth, this application will reach its end users as "Software as Services", this will be a huge benefit for its end users.

One Example, User A and User B both are using Market Scanner Application. Both user can directly set call or meeting with the developer (Myself) and ask for customization or update. User A can customize it as per his requirement or plan, User B can also do it seperately.

So, even the software is same i.e. "Market Scanner" but it can be totally different from each other. And all these updates or customization will not require any additional cost till you maintain your subscription.

Fifth, If you are not interested about paying for the software, you are still welcome to try the other appliactions which are free. In case you do not want to get the "Market Scanner" related emails, please reply with "Unsubscribed".

Appreciate your time and understanding on this.

Best Regards,
Rekon

Hi Rekon,

You did the right thing. Question : Your market scanner always showing ATR14 Oversold or Overbought?

Bomi

Hi, It is one hour strength, and 14 days ATR has high volatility not overbought, we need to be careful about high volatility thats why I put it in same category as over bought/oversold. We use it for contra entry, just as I did!

I am not trading, but you guys check out this beautiful setup, Market Scanner and Rekon Xs can show you the best set up!

1. Present hour the broker is offerring only 3 stocks.
2. I put them on "My Instruments"
3. Performed a Manual Scan
4. No item to trade.

It is again depends upon your broker, which forex instrument he is offerring for the hour. But generally we will be running scan for all forex items at the same time.

ATR (14): We need to read it as "High Volatility" it means the instrument is generating higher volume / Ticks compare to its last 14 days average.

Scanning the Stocks

Market Scanner can run scans on 71 stocks which are already listed in the Application. It is advisable not to run scan on all the stocks at once, rather just filter out only the stocks which your broker is offerring at that point of time. Otherwise scanning on all the stocks might take 15-20 minutes long!