Rekon Xs and Market Scanner for Spot and Binary Options

So this one is about to expire. Probably I will test this option more and play it with a fixed set of rules.

Nice way expired.

This is pair option. As a rule I just applied the followings.

A. Selecting atleast one strongly trending instrument for H5
B. The other instrument must be weak compare to the trending instrument, best is if it trends strong just the opposite.
C. Expiry time for this one was 3 hours, we are taking H5 strength so 2 hours and more should work.
D. Volatility: The Instrument which is trending, if it also has volatility then it will be best, as quickly it will move against the other pairs direction and will create a good gap between them.

So, with yesterdays H4 method, I have been continuously taking trades in 15 mins interval, all are "with trend only" with that particular timeframe. I was replacing the winners of that M15 with a fresh bunch.

So 37 positions are winner and 14 positions remain unclosed.


Net effect on Win-rate as of now is very positive at the moment.

Market Scanner Doubt Clearing Session: Due to some adhoc work today I am proposing a new meeting time of 1-Mar-14 10:30 pm Ist. You can drop me a message on my skype if you are interested to join the meeting. You would be requiring Team Viewer for the meeting. I will be sending the meeting id.

you never added some of us on your skype.

I will like to join the meeting pls. I will be subscribing on Monday too.


Thanks

Skype: favoured111

Day 4: MS H4 Strategy

We are creating different situations and applying MS technique to increase A. our win rate, B. With better win-rate we will risk higher and try to come out from other problems / challenges.

So, in last session we left with 14 opened positions. Today we will try to recover each losing position one on one basis.

We will increase the stake 3 times and try for good quality entries. Lets scan the Market!

We have a high performing market lets see how we can capitalize this.

Mainly concentrate on Aud and Eur pairs.

H5 scan. High volatility on market.

One counter entry I am selecting on eur aud, looking at exhausion signs on H5. Presently it just hit R2, it might go up to test R3 but we are going with the best odd at the moment.

A closer view of E/A will be like this. We are only going with the best ODD,

In the mean time we have some stocks to watch.

Another counter possibility with Eur/JPY.

E/J

Google vs Baidu... google is weaker at the moment,

So, yesterday with the last round of MS-H4 strategy, I tried to close previous losing positions one-on-one basis with a fresh position and when the aggregate of both are zero or slightly in profit then closing the group.

Having said that, it means A. our winning rate ratio will be slightly down (but we can take that because we have above 90% win rate ratio at the moment), B. in long run this will be good for our equity.

Due to friday market, volume and trade activity dropped after UK close, that results we still have 8 old positions opened, so in our next session with the same objective of closing the olds early we will carry on.

Next Monday to friday we will be focusing on spot only after that we will move to binary strategies section, before we start binary we need to make sure that we have atleast 70% win rate.

This is for one of MS group member. As per your request, I have tried Counter entry on H5. The followings we need to look out for this strategy.

Counter entry set up on H5

1. Atleast 2 Yellow sign which should be treated as only early indication of main trend weakness but this is not a confirmation.
2. ATR: High on lower TF like M15, M30, H1
3. Extreme Zone entry for counter: R3 is best, R2 will take some more time to show you profit.
4. Exit: pivot or S1.

It did not worked out, both stock falled in the last hour of US close. I will keep this on my watching list.

I will post my weekly observation and trading strategies evolved this week in some time. I am happy that I am getting offline queries and suggestions, if we able to combine and collate them it will be a great asset for the future.