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Binary Options using margingale, following trend?

Started by ignatus, Mar 31, 05:19 AM 2013

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ignatus

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"Focus on predicting wheel sectors where the ball is expected to land" ~Steve

Le_Chiffre

I trade the Nikkei CME futures and have been doing so for years....day trading and longer position timescales.   I recommend moving away from binary options and getting into proper trading as you're missing out on so much profit.

I also recommend cutting down on indicators and just having a simple naked chart with one Donchain Channel 55 period added.  Buy/Go Long when price touches/slightly pushes through the top band.  Sell/Go Short when price touches/slightly pushes through the bottom band.  5m timeframe for day trading.  4h or Daily chart for longer term (few months) timescales.   The oposite band can be the stop loss depending which way you're in.  Just let it ride!

Absolutely no martingale.  If you want you start with 1 lot and then on losses increase up to a maximum of 3 lots then reset.

You have to work through the drawdown and wait for the big move.  There's always one round the corner.  The reason most people fail is they pussy out on the 1st handfull of losses when it's stuck in a range.  Then as soon as they do the market breaksout and rallys.


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