RekonX: Trading Binary Volatilities 24 By 7

When I am at office, I will try to follow the same session timings and will place only stops and limits as per last vs current hours direction with low risk n reward %. Let's be consistent on attending atleast 4 sessions in a day and see the result!

In next session, I am going to increase the lot size to 0.02 and place stops and limits with tp 10 and 20 points.

Opened 8 positions TP 10 points each with equity risk 0.02% each.

Although in 0.02% risk the trading volumes have not increased!

As we noticed already, only 10 points tp takes no time to get hit! All positions closed in sales stop and sales limits in 2 minutes max!

In next session, we are going to increase the no of orders with same 10points tp.

In this session I have opened total 10 positions on buy stop and buy limit - 10 pips aways from the instrument price.

As this is 2nd-3rd hour trade on the instrument so I have placed contra entry on the price. We can place with trend entry as well which would be sell stop and sell limit.

Couple of positions are already hit the tp tagrt which is 10 points.

All 10 positions closed within 5 minutes!

In next session, which is about 2:30 hours from now, I am increasing the risk factor to 1% more

As, we might be placing more orders one click of a button, I am adding one more parameter as "No of orders"

Just updated the volume from 0.003 to 0.2 --> this is about 2% Risk on capital for each trade. I am placing 5 orders means I am risking 5*2 = 10% of my capital for a reward of 24% on capital.

As we progree further on learning these volatility indexes, a good start will be studying their pivots, support and resistance points befor you execute the trades.

You can run and view them according to your trading session, for us H1 and H4 points will be important.

Just reminding you the usage of pivot, support and resistance points.

With Trend Entry:

A) BUY TREND: Buy Stop, Buy Limit at pivot and support points (Sup1, Sup 2, Sup 3)
B) SELL TREND: Sell Stop, Sell Limit at pivot and Resistance points (Res 1, Res 2, Res 3)

Contra Entry:

A) BUY TREND/Ranging: Sell Stop, Sell Limit at pivot and Resistance points (Res 1, Res 2, Res 3)
B) SELL TREND: Buy Stop, Buy Limit at pivot and support points (Sup1, Sup 2, Sup 3)

10 positions opened on Sell stop and sell limit @ 0.07 volume each. This is 2% of risk on each position.

All sell stops were executed and TP hit in few seconds!

Rest of the orders we can delete.

Hey all,

So I just logged in after my office, and triggerred Sell limit and sell stops script as Vol 100 is declining. I got quick profit out of it!

So, what next?

I am thinking of streamimg my trade videos online at you tube so that you guys be comfortable on knowing how I am doing this. Let's see.

You can check my last trades at you tube channel