Binary Trading made simple | Page 2 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading Made Simple 151,868 replies

Trading Made Simple the right way, and other trading lessons 334 replies

Indicators for the 'Trading Made Simple' system 343 replies

MTF Indicators for the 'Trading Made Simple' system 241 replies

Trading Made Simple system follower - Thanks to eelfranz 9 replies

Attachments: Binary Trading made simple
Exit Attachments

Binary Trading made simple

  • #21
  • Jun 17, 2014 10:11am Jun 17, 2014 10:11am
1 More done..

Attached Image (click to enlarge)
Click to Enlarge Name: eu6.png Size: 8 KB


If you have question please ask, I will try use chart or other method to explain to you.
Learn to Trade is Important. Keep your bias & ego aside.
  • #22
  • Jun 17, 2014 10:19am Jun 17, 2014 10:19am
GU forming lower high.

Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 34 KB


So i went for a short.
Learn to Trade is Important. Keep your bias & ego aside.
  • #23
  • Jun 17, 2014 10:26am Jun 17, 2014 10:26am
There it goes..

4 trade done, my target of $200 profit reach soon for this session.

Attached Image (click to enlarge)
Click to Enlarge Name: gu3.png Size: 28 KB


Result 4 win 0 losses for this NY session.
All the entries are posted here since some of you ask me to explain more about my entries and strategy.
Learn to Trade is Important. Keep your bias & ego aside.
  • #24
  • Jun 17, 2014 10:28am Jun 17, 2014 10:28am
I will not post any more charts as of now, this is suppose be guiding you guys how to trade binary. a bit bored here to be the only one talking.

if you have question you can ask me at this thread , or post your entry chart and share with the rest.

Cheers
I will go continue trade my binary and watch some show while waiting for expiration.
Learn to Trade is Important. Keep your bias & ego aside.
  • #25
  • Jun 17, 2014 10:33am Jun 17, 2014 10:33am
but you only use support and resistance on chart at 1m and watch the 15min chart to confirm?
  • #26
  • Jun 17, 2014 10:34am Jun 17, 2014 10:34am
Quoting angeloarc
but you only use support and resistance on chart at 1m and watch the 15min chart to confirm?
M1 - Trend Line, support & resistance, Higher High,Higher Low vice versa and watch how the price move. (Most Important)


The M15 is just to know how the general trend is for today. (Moderate Important)
Learn to Trade is Important. Keep your bias & ego aside.
  • #27
  • Edited 12:05pm Jun 17, 2014 10:57am | Edited 12:05pm
Total 5 trades made on this session

5 Win
0 Loss


-- Final Trade 5/5

Attached Image (click to enlarge)
Click to Enlarge Name: eu8.png Size: 29 KB



Done for the day.. !!

Attached Image (click to enlarge)
Click to Enlarge Name: nysession.png Size: 23 KB
Attached Image (click to enlarge)
Click to Enlarge Name: eu7.png Size: 38 KB
Learn to Trade is Important. Keep your bias & ego aside.
  • #28
  • Jun 17, 2014 11:00am Jun 17, 2014 11:00am
Anyone got question with their entries can print their chart and post here, then let us review and feedback.

If you face difficulty making money on your entries. Generally a 60-70% success rate is good enough.
Learn to Trade is Important. Keep your bias & ego aside.
  • #29
  • Jun 17, 2014 12:48pm Jun 17, 2014 12:48pm
good job! congratulations! Use the expiry every 10 minutes??
  • #30
  • Jun 17, 2014 12:56pm Jun 17, 2014 12:56pm
Quoting angeloarc
good job! congratulations! Use the expiry every 10 minutes??
It depend on individual trading, for me I use 5-10 minutes, sometime I use longer time, but the payout need to be 84-85% . So I choose the one that works the best.
Learn to Trade is Important. Keep your bias & ego aside.
  • #31
  • Jun 17, 2014 1:33pm Jun 17, 2014 1:33pm
Hi,
What Genesis template are you using? I can come close.
Ron
  • #32
  • Jun 17, 2014 1:52pm Jun 17, 2014 1:52pm
Quoting packgreen49
Hi, What Genesis template are you using? I can come close. Ron
The default genesis template with some Xaphod indicators to make it look nicer.
Learn to Trade is Important. Keep your bias & ego aside.
  • #33
  • Jun 17, 2014 1:56pm Jun 17, 2014 1:56pm
I am curious if anyone got a broker that pay more than 85% for 10 mins expiration on E/U,G/U,E/J pairs ?

Don't post the broker link here. Just wanna know if anyone know of any reputable 1
Learn to Trade is Important. Keep your bias & ego aside.
  • #34
  • Jun 17, 2014 2:30pm Jun 17, 2014 2:30pm
With due respect thank you for posting and sharing but what charts are we supposed to post what exactly is your system you use some sonic and some genesis which parts which indicators. I think if people have set of rules we could learn. Cant read a book and get the story if chapters are missing.

Thanks
  • #35
  • Jun 17, 2014 4:05pm Jun 17, 2014 4:05pm
try binary.com they offer demo accounts as well as 100 percent return or more
you are the creator of your own destiny-Shivyog
  • #36
  • Jun 18, 2014 1:30am Jun 18, 2014 1:30am
Quoting lsolanki
try binary.com they offer demo accounts as well as 100 percent return or more

Thanks for the idea. I will give it a try later
Learn to Trade is Important. Keep your bias & ego aside.
  • #37
  • Jun 18, 2014 1:31am Jun 18, 2014 1:31am
Quoting jrviking
With due respect thank you for posting and sharing but what charts are we supposed to post what exactly is your system you use some sonic and some genesis which parts which indicators. I think if people have set of rules we could learn. Cant read a book and get the story if chapters are missing. Thanks
To master how to read the entries and make money at binary, since exit not a concern.
I think need to keep practice and hold on to the discipline and target per day.

I, myself been only 4 days trading Binary and although the past 3 are profitable, the future are more to be seen. It seems I still quite novice on this binary,
but the system I introduce here come from my Spot Forex knowledge.
Learn to Trade is Important. Keep your bias & ego aside.
  • #38
  • Jun 18, 2014 1:37am Jun 18, 2014 1:37am
Quoting jrviking
With due respect thank you for posting and sharing but what charts are we supposed to post what exactly is your system you use some sonic and some genesis which parts which indicators. I think if people have set of rules we could learn. Cant read a book and get the story if chapters are missing. Thanks
M1 - Trend Line, support & resistance, Higher High,Higher Low vice versa and watch how the price move. (Most Important)

The M15 is just to know how the general trend is for today. (Moderate Important)



Very simple system to trade binary,

Most of the trader who trade more than a few months should know


Higher High, Lower High, Lower Low, Lower High ( Waves )
Support & Resistance or Supply & Demand ( Price action )
Trend Line ( Price action )

Genesis <- Not that important , but is extra information for me
Sonic Classic Dragon (If you learn sonic system in the classic way, not scout) , should be good <- Just to see the movement for the day.
Learn to Trade is Important. Keep your bias & ego aside.
  • #39
  • Jun 18, 2014 2:29am Jun 18, 2014 2:29am
Made an entry of short GBP/USD at 1.69844

Time of expiration , 1 hour more.


MY payout drop from 84% to 82% as I lost my gold member status due to withdrawal But is okay.
Learn to Trade is Important. Keep your bias & ego aside.
  • #40
  • Jun 18, 2014 3:32am Jun 18, 2014 3:32am
1 Trade done for London Session.

3 More to expire in different time.

Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 33 KB


Guess I will just go for 4 win for London as I am heading out to have some nice dinner.
Learn to Trade is Important. Keep your bias & ego aside.
0 traders viewing now