Greetings,
Ask your self the following questions and answer honestly.
Are you successful and accomplishing your goals thru trading?
Do your charts look like the one pictured below or something similar?
Do you make a profit and give it back?
If you answered yes to the questions then congrats you have taken the first step in finding success. Lets be honest if you were getting everything out of your trading that you set out to get you probably wouldn't be reading this post. How many Saturdays have you spent back testing indicators and systems? How many indicators do you have currently on your computer? To quote and old phrase
Its time to stop the insanity!!!!!
The facts are market makers and floor traders determine where the market goes and what the price will be. You will not find any conspiracy theories here or inside secrets. I don't believe in order boards moving the markets (see certain news feeds on the bottom of your meta trader accounts) or Supply and Demand. What I do believe in is the power of the floor trader or the market maker.
As some of you may have seen in my posts I aspired to be a money manager and still do however living in the US the hoops one has to jump thru are insane. So ( and here is where I will lose most of you) I have decided to start a signal service. More on that later. As I studied for the appropriate licenses I also did a large amount of research as to how firms would trade etc. I spent time at the CBOT and talked to traders. Yeah Yeah you have heard that before. Anyway one thing is constant floor traders set the tone and control the markets. That led me to options and specifically Binary options which I trade almost exclusively now. Thru Binary I discovered a great method for trading both spot and Binary options.
My system involves no indicators and is based on the following:
VIX, Volume, weekly and hourly option strikes. I take the data and create what I call a projection ladder. I then trade the ladder based on the calculations. It is pretty good at picking tops and bottoms in fact price will stay within the predicted range about 90% of the time. It is suitable for trading spot on a daily basis as well as Binary options on a End of Day Basis which I use to scalp binaries.
I will go into more detail later as to how to scalp and EOD binary. For now I will be posting the ladders projections each day as well as EOD binary recommendations.
In the screen shot you can see the last 3 days. Notice how yesterday price stopped right at the daily top projection. You will of course think that's easy to post. That is the past. That is why I will be posting the recommendations for the next 30 days.
To all those that would like to flame and criticize me and use the age old saying that" those that can trade do, those that cant teach and market" so fair enough. I will be very blunt when I say that this is to eventually operate a successful signal business for both Binary options and spot. Doctors go to school to learn to be doctors, Lawyers study law to practice. Everyone has to learn their trade somehow. Trading is no different. It doesn't matter how you make the profit trading as long as you are honest and profit correct?
I will post the ladder levels each day around 9:00pm Eastern US time. The levels are calculated by me by hand. I only trade the following pairs. EUR/USD, GBP/USD, JPY/USD and AUD/USD. The reason for this is I find the data I use to be the most reliable on those pairs. Again it doesn't matter what you trade as long as you profit!!!
When trading please keep in mind that everyone loses there is no grail and this is not a grail!!!!! Practice safe money management. In my case I use a rule that I can have 20 bad trades in a row before I blow my account.
That's it
Enjoy and profit
Calstar
Ask your self the following questions and answer honestly.
Are you successful and accomplishing your goals thru trading?
Do your charts look like the one pictured below or something similar?
Do you make a profit and give it back?
If you answered yes to the questions then congrats you have taken the first step in finding success. Lets be honest if you were getting everything out of your trading that you set out to get you probably wouldn't be reading this post. How many Saturdays have you spent back testing indicators and systems? How many indicators do you have currently on your computer? To quote and old phrase
Its time to stop the insanity!!!!!
The facts are market makers and floor traders determine where the market goes and what the price will be. You will not find any conspiracy theories here or inside secrets. I don't believe in order boards moving the markets (see certain news feeds on the bottom of your meta trader accounts) or Supply and Demand. What I do believe in is the power of the floor trader or the market maker.
As some of you may have seen in my posts I aspired to be a money manager and still do however living in the US the hoops one has to jump thru are insane. So ( and here is where I will lose most of you) I have decided to start a signal service. More on that later. As I studied for the appropriate licenses I also did a large amount of research as to how firms would trade etc. I spent time at the CBOT and talked to traders. Yeah Yeah you have heard that before. Anyway one thing is constant floor traders set the tone and control the markets. That led me to options and specifically Binary options which I trade almost exclusively now. Thru Binary I discovered a great method for trading both spot and Binary options.
My system involves no indicators and is based on the following:
VIX, Volume, weekly and hourly option strikes. I take the data and create what I call a projection ladder. I then trade the ladder based on the calculations. It is pretty good at picking tops and bottoms in fact price will stay within the predicted range about 90% of the time. It is suitable for trading spot on a daily basis as well as Binary options on a End of Day Basis which I use to scalp binaries.
I will go into more detail later as to how to scalp and EOD binary. For now I will be posting the ladders projections each day as well as EOD binary recommendations.
In the screen shot you can see the last 3 days. Notice how yesterday price stopped right at the daily top projection. You will of course think that's easy to post. That is the past. That is why I will be posting the recommendations for the next 30 days.
To all those that would like to flame and criticize me and use the age old saying that" those that can trade do, those that cant teach and market" so fair enough. I will be very blunt when I say that this is to eventually operate a successful signal business for both Binary options and spot. Doctors go to school to learn to be doctors, Lawyers study law to practice. Everyone has to learn their trade somehow. Trading is no different. It doesn't matter how you make the profit trading as long as you are honest and profit correct?
I will post the ladder levels each day around 9:00pm Eastern US time. The levels are calculated by me by hand. I only trade the following pairs. EUR/USD, GBP/USD, JPY/USD and AUD/USD. The reason for this is I find the data I use to be the most reliable on those pairs. Again it doesn't matter what you trade as long as you profit!!!
When trading please keep in mind that everyone loses there is no grail and this is not a grail!!!!! Practice safe money management. In my case I use a rule that I can have 20 bad trades in a row before I blow my account.
That's it
Enjoy and profit
Calstar
Attached Image(s) (click to enlarge)
