Rekon's Binary Option Trading with M15 Chart

ATR 14, is now excluded from the group of Buy/Sell signals. Rather it should treat seperately, it has two states High Volatility or Low Volatility. We need to be more careful about High Volatility trades specially for Binary, but potential good entries can be found with this one more.

Post 823 and 824 observation

In both of the cases the Market is not indicating good trade set up, but more instruments are appearing in the "Watch List". With a strong Buy or Sell signal (Highlighted) and High Volatility ATR is a definite indication of strong trend and will prove excellent set up specially for "Spot Forex" harvesting pips more than 50 in the particular hour or in that particular H4.

For binary we need to closely follow the pivot points and S/R levels for our entry. It should have a success rate of more than 95% for expiry 30-45 mins.

Post 826

Complementing my thoughts, you can see the market is maturing slowly but steadily for the day. So it is more important to enter in a fully matured market rather than a slow inefficient market.

A matured market helps you to have less bad entry, rather you can simply concentrate on "with trend entries" and increase your win rate.

Market is absolutely ready for trading.

Next is setting up the "Hot listed" instruments.

While the forex trades are running, just have a look at the equity market.

Not bad.

Observation post 830

Potential entry is HSBC, strong sell signal, with more than 2 oversold sign, High Volatility = good for contra entry (BUY).

Hello Rekon!
I sent you a private message-could you check it out please? I really need your help!

**** Important Announcement ****

Thank you all for being wonderful participants in this thread. The objectives I had before opening this thread are now fulfilled! So now, I have a really finely tuned method and system which really can work for me.

Next is, I will be giving this system a go and engage myself to maintain the edge I have found, in case you are interested to continue this with me, you are most welcome to participate here (Rekon Xs and Market Scanner for Spot and Binary Options).

Thank you all again and best of luck

**** This thread is closed ****

Hi Rekon
I want to have my EA trade the 15 min signals directly on my Binary platform. Do you have an idea where to get the software to connect both platforms (MT4 and Binary) do have the signals autotraded?
Thanks

Binary signals can be MT4, web or App based, but with my experience I can tell you 15 mins signals will always benefit the "House" not the "Binary-Caller", If you get 15 signals in a particulars session and using all 15 signals will give you win-lose ration of 20:80, using further filter on the 15 and taking out 8 signals out of 15 will increase your win-lose ratio to 60-40, further if you are patient enough to take only 3 signals out of 15 that will increase the win-lose ration to 80-20.

In binary, success is always to target a particular session and taking a monthly goal for your win-lose is the key. This can not be automated but you might automate signals on higher timeframes like H4 to Monthly.