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Another simple system - Time-Frame 15

  • #28,921
  • Jan 24, 2017 1:40pm Jan 24, 2017 1:40pm
Quoting lisat
{quote}You would normally choose a time of your choice so if you think in 15mins time the price will be higher than it is now, that is what you would bet by opting for a call (long) the beauty of that is, it does not matter if it is only 1 pip higher you still win the same amount agreed on at the start. Of course it can also work in the opposite way. Very fast moving if you want it to be.
It sounds easy so if trade the 5 min.,the outcome will be determined by the entry on the 5 min candle
the cautious seldom err....C
  • #28,922
  • Jan 24, 2017 1:44pm Jan 24, 2017 1:44pm
Quoting pips29
{quote} It sounds easy so if trade the 5 min.,the outcome will be determined by the entry on the 5 min candle
Its really easy and really fast but a double edged sword as usual. If you know what you are doing though reading charts it is easy to make money fast, double edged of course because easy to lose money just as quickly. I do know one person that bets on the 30 second options too fast for me though you decide whether it will be higher or lower in the time you set and then a clock counts down so you can look at charts but the time is set from the minute you place your trade.
Success means going from failure to failure without loss of enthusiasm
  • #28,923
  • Jan 24, 2017 1:46pm Jan 24, 2017 1:46pm
Quoting lisat
{quote}Its really easy and really fast but a double edged sword as usual. If you know what you are doing though reading charts it is easy to make money fast, double edged of course because easy to lose money just as quickly. I do know one person that bets on the 30 second options too fast for me though
Do brokers offer demo account for binaries
the cautious seldom err....C
  • #28,924
  • Jan 24, 2017 1:47pm Jan 24, 2017 1:47pm
Quoting pips29
{quote} Do brokers offer demo account for binaries
There are a couple in the UK I will find them for you.
Success means going from failure to failure without loss of enthusiasm
  • #28,925
  • Jan 24, 2017 1:49pm Jan 24, 2017 1:49pm
Quoting lisat
{quote}There are a couple in the UK I will find them for you.
thanks lisat and Roni if you are around I suggest you use the cci
the cautious seldom err....C
  • #28,926
  • Jan 24, 2017 1:50pm Jan 24, 2017 1:50pm
https://www.binaryoptionsdemo.com/en...options-guide/ this is a good guide and you can also download a demo account so you can try it out for yourself.
Success means going from failure to failure without loss of enthusiasm
  • #28,927
  • Jan 24, 2017 1:53pm Jan 24, 2017 1:53pm
Quoting lisat
https://www.binaryoptionsdemo.com/en...options-guide/ this is a good guide and you can also download a demo account so you can try it out for yourself.
thank you so much lisat..I will look into this tomorrow morning
the cautious seldom err....C
  • #28,928
  • Jan 24, 2017 1:55pm Jan 24, 2017 1:55pm
Quoting pips29
{quote} thank you so much lisat..I will look into this tomorrow morning
And thank you for the suggestion for the cci I will look into that as well
Success means going from failure to failure without loss of enthusiasm
  • #28,929
  • Jan 24, 2017 5:12pm Jan 24, 2017 5:12pm
Quoting pips29
Roni, are you saying that once you enter a long the current candle must close above the previous candle close for a win..so if trading on the 15 min tf the outcome will be determined with the entry candle close on the 15 min...am I right?

Hi Pips29,

Yes you are correct. For example if the rules were all met and i entered long because the tdi prompted me to and all MA's were below the price I would then wait for the candle bar to close above the price I entered at from the beginning- You can select 15min bar or 30min bars even up to 1hour bar.

If price is above at the time of the bar closing (lets say 15min bar for this example) then I win if it closes below the open as I went long then i lose.

Hope this makes sense.

Roni
  • #28,930
  • Jan 24, 2017 5:21pm Jan 24, 2017 5:21pm
Quoting pips29
{quote} thanks lisat and Roni if you are around I suggest you use the cci

Pips 29,

How would you use CCI for binaries?

And its not that easy to make money on binaries- you will get taken out with alot of fakeys haha Im still trading small amounts.
  • #28,931
  • Jan 24, 2017 5:36pm Jan 24, 2017 5:36pm
Quoting Roni26
{quote} Pips 29, How would you use CCI for binaries? And its not that easy to make money on binaries- you will get taken out with alot of fakeys haha Im still trading small amounts.
Roni, are you able to read pa well ? If not try using cci14 . Look for a zero line break and enter on the 15 min tf...Don't bother with the +100 and -100 line breaks ...there are also entries with the 100 line but leave that aside for later..Are the candles open and close the same with those of forex?..I will take a look later and open up a demo account so that I can experience the whole process..If you are trading the 5 min, perhaps you use cci 20..let me look for a forex chart to illustrate
the cautious seldom err....C
  • #28,932
  • Jan 24, 2017 5:58pm Jan 24, 2017 5:58pm
Quoting pips29
{quote} Roni, are you able to read pa well ? If not try using cci14 . Look for a zero line break and enter on the 15 min tf...Don't bother with the +100 and -100 line breaks ...there are also entries with the 100 line but leave that aside for later..Are the candles open and close the same with those of forex?..I will take a look later and open up a demo account so that I can experience the whole process..If you are trading the 5 min, perhaps you use cci 20..let me look for a forex chart to illustrate

I feel the tdi is better..?

Yes the candles open and close with that of forex, You hve different candles to trade from so 60 sec candles, 5min candles, 15min candles and so on..

Roni
  • #28,933
  • Jan 24, 2017 6:01pm Jan 24, 2017 6:01pm
Quoting Roni26
{quote} Pips 29, How would you use CCI for binaries? And its not that easy to make money on binaries- you will get taken out with alot of fakeys haha Im still trading small amounts.
now I get it...yes it's not easy...getting the trend right doesn't mean you will make money..It's the next candle that matters...it's better to trade forex Roni...anyway my approach will be to use two moving averages ema 8 and ema 34....look for a cross and trade away from both..I enclose a chart for you to see...and there are fakeys like you said
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM15.png Size: 64 KB
the cautious seldom err....C
  • #28,934
  • Jan 24, 2017 6:03pm Jan 24, 2017 6:03pm
Quoting pips29
{quote} now I get it...yes it's not easy...getting the trend right doesn't mean you will make money..It's the next candle that matters...it's better to trade forex Roni...anyway my approach will be to use two moving averages ema 8 and ema 34....look for a cross and trade away from both..I enclose a chart for you to see...and there are fakeys like you said {image}

These are all short trades right?

I will backtest using the ema 8 and ema34 respectively.

I am still contemplatin between fx and binary options.
  • #28,935
  • Jan 24, 2017 6:09pm Jan 24, 2017 6:09pm
Quoting pips29
{quote} now I get it...yes it's not easy...getting the trend right doesn't mean you will make money..It's the next candle that matters...it's better to trade forex Roni...anyway my approach will be to use two moving averages ema 8 and ema 34....look for a cross and trade away from both..I enclose a chart for you to see...and there are fakeys like you said {image}

Also would this approach still conform with all the rules of the tms?

I will also backtest this strat if you could explain how to apply it.. Is it merely just waiting for the emas to cross?
  • #28,936
  • Jan 24, 2017 6:09pm Jan 24, 2017 6:09pm
no, the red vertical lines are and the blue are for longs
the cautious seldom err....C
  • #28,937
  • Jan 24, 2017 6:12pm Jan 24, 2017 6:12pm
Quoting Roni26
{quote} Also would this approach still conform with all the rules of the tms? I will also backtest this strat if you could explain how to apply it.. Is it merely just waiting for the emas to cross?
the cross of the ma is just to determine whether to go long or short..the tricky part is where to enter..the cci is to help in filtering trades, that's why I suggest going for the zero line break of the cci...it's easier said than done as I can see the difficulty involved for it's the next candle that counts...At best I think for every 3, one will be wrong
the cautious seldom err....C
  • #28,938
  • Jan 24, 2017 6:18pm Jan 24, 2017 6:18pm
Quoting pips29
{quote} the cross of the ma is just to determine whether to go long or short..the tricky part is where to enter..the cci is to help in filtering trades, that's why I suggest going for the zero line break of the cci...it's easier said than done as I can see the difficulty involved for it's the next candle that counts...At best I think for every 3, one will be wrong

Hmm I think i may just stick to the tdi confirmation in that case pips29
  • #28,939
  • Jan 24, 2017 6:20pm Jan 24, 2017 6:20pm
Quoting Roni26
{quote} Ok do we not consider trading away from the 200 and 800 emas?
don't bother with the 200 and 800...the shorter emas will be more suited...we only need the "short trend "and especially what the next candle will be
the cautious seldom err....C
  • #28,940
  • Jan 24, 2017 6:22pm Jan 24, 2017 6:22pm
Quoting Roni26
{quote} Hmm I think i may just stick to the tdi confirmation in that case pips29
give the cci a chance...I have been using the cci for donkey years..will catch up with you later ..have to look at some charts and then off to bed
the cautious seldom err....C
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