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Binary Option Free Alerts/strategies Season 3 - Business (57) - Nairaland

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Re: Binary Option Free Alerts/strategies Season 3 by Nobody: 11:45pm On Feb 18, 2015
@ oga sunwalk testing out your strategy,will give my own feedback but u na badt GUY sha unto wetin i dey observe with the level... grin grin grin cool cool cool
Re: Binary Option Free Alerts/strategies Season 3 by Nobody: 11:55pm On Feb 18, 2015
papiforreal:


Missed you too boss
good evening boss...
Re: Binary Option Free Alerts/strategies Season 3 by micynute94(m): 7:47am On Feb 19, 2015
sunwalk:
let's face it fellas.

I have come to realize that no matter the strategy u employ on binary.com.there is always the risk of not getting a recompense should the price end on its open price. rise and fall seems not to work well on binary.com both due to payouts and network mayhem.

I have come to realize that price does literally moves towards your prediction from whatever analysis u employed.... 95% of the time but usually end up being a losser either by completely reversing afterwards or ending at the start price... hence the need to use touch option.

if you are to place a barrier that gives 90% to 150% payout on touch option... in more than 80% of the time it will hit the barrier.

I was enable to try this out on both random index 25 and 50 using EMA 10. almost all the signal moves towards the predicted direction... except that not all ended towards the predicted direction... all the more reason to employ touch option. the rule is simple.... place a +touch option if the price closes above he EMA 10 for a payout of 90% to ยน50% as u wish.


True talk bro, agreed with most of ur analysis but at the 3rd bolded, i doubt selecting a barrier that could give you 90% n above using touch / no touch on currency pairs will have a good win rate. I trade currency pairs.
Re: Binary Option Free Alerts/strategies Season 3 by micynute94(m): 8:09am On Feb 19, 2015
Did study something on binary which wasn't like this before. Or should i say it was but not to this extreme.
Any good strategy with a very high winning probability rate usually have a very low payouts which is suicidal to the account. (Am sure the ogas would understand me)
Trying any form of martingale or tweak is hmmmm.. lets just say fiddling with a time bomb. n i doubt any M.M could work under this scenario.
On the other hand, payouts in the range of 85% n above mostly have a very very low probability winning rate.

This is what i call an "impasse" ..

I think the best solution is to look for a good broker that offers a fixed return percentage in the range of 80- 85% n above.
All this my rambling means one thing.. avoid binary.com at all means.. This is an advice from an experienced trader.

Except u have a strategy that gives a R:R ratio that is very high and can nullify a loosing streak n comes out with a profit OR u have a lot of money to try out a tweaked version of MARTINGALE, pls just look for a better broker..

This is from a brother from anoda mother n father to another brother out there. CIAO

P.S This applies to trading currency pairs.. Don't know about R.D
Re: Binary Option Free Alerts/strategies Season 3 by olusode97(m): 8:43am On Feb 19, 2015
micynute94:
Did study something on binary which wasn't like this before. Or should i say it was but not to this extreme.
Any good strategy with a very high winning probability rate usually have a very low payouts which is suicidal to the account. (Am sure the ogas would understand me)
Trying any form of martingale or tweak is hmmmm.. lets just say fiddling with a time bomb. n i doubt any M.M could work under this scenario.
On the other hand, payouts in the range of 85% n above mostly have a very very low probability winning rate.

This is what i call an "impasse" ..

I think the best solution is to look for a good broker that offers a fixed return percentage in the range of 80- 85% n above.
All this my rambling means one thing.. avoid binary.com at all means.. This is an advice from an experienced trader.

Except u have a strategy that gives a R:R ratio that is very high and can nullify a loosing streak n comes out with a profit OR u have a lot of money to try out a tweaked version of MARTINGALE, pls just look for a better broker..

This is from a brother from anoda mother n father to another brother out there. CIAO

P.S This applies to trading currency pairs.. Don't know about R.D
try swinging with binary.com to would love them for that... Payouts there are pretty good
Re: Binary Option Free Alerts/strategies Season 3 by stamfoxx: 8:57am On Feb 19, 2015
olusode97:
try swinging with binary.com to would love them for that... Payouts there are pretty good

@Olusode97, how do you mean swing? Kindly explain.
Re: Binary Option Free Alerts/strategies Season 3 by olusode97(m): 9:14am On Feb 19, 2015
stamfoxx:


@Olusode97, how do you mean swing? Kindly explain.
touch options... currency pairs with little pips eg(20 pips) you can get 300% on your stake.
Re: Binary Option Free Alerts/strategies Season 3 by micynute94(m): 9:54am On Feb 19, 2015
olusode97:
touch options... currency pairs with little pips eg(20 pips) you can get 300% on your stake.

can't say i get u @ all...
If u don't mind, can u rephrase ur answer
Re: Binary Option Free Alerts/strategies Season 3 by olusode97(m): 10:06am On Feb 19, 2015
micynute94:


can't say i get u @ all...
If u don't mind, can u rephrase ur answer
I meant the touch bet on binary.com
Re: Binary Option Free Alerts/strategies Season 3 by tabletgirl: 10:51am On Feb 19, 2015
(Sorry guys, this is a loooong one)

Hi guys,

Please just a little contribution to this thread. The key things that hurt equity (your trading capital) is greed and jumping from strategy to strategy.

I trade Rise and Fall. First of all, the problem is not Binary.com. If you have used them well, you will discover that NO MATTER how low the time frame is, usually, one payout will be over 100% and the other sometimes as low as 45%. Why? This is based on the direction of price using the average of the time frame you are using. From my studies, if the most recent direction (candlestick) of that time frame (average) has been going down, the lower payout will be based on the fact that it will begin to go up. Higher percentages are given when you are predicting that the market will continue in that direction. Hope its clear? Most of my trades are over 100% payout. I just won one with 109% payout. shocked To be honest, i dont think i have ever hard 109% that's why i am mentioning it. Usually, i get 105%, 106%, 101%, 102% etc. Rarely i get 98% and sometimes 99%

So how can you achieve this? Price Action. PLEASE dont ignore this. It can change your life!! I martingale on every loss but i dont have to do too much martingaling. I will post a screenshot of 7 consecutive wins i just took this morning. First for the day was a loss, the next 7 were winning trades. How did i discover this? You can laugh but i believe it was God. I put in work studying the charts...i can study till 2am. Almost every single night after a hard day at work, i pull out my laptop and study and analyse till i get sick of seeing candles, yet next day i am back at it. It is a principle of the Bible that when you sow you will reap. Let me stop here and give you the specifics.

People on this thread talk of a certain man's price action book, i have never seen it at all. I also hear it will take so long to read. Its a worthy investment, but if you want to start right away, just go online and see what DIFFERENT candlestick analysis sites say about different candlesticks. I say DIFFERENT because one might say something without enough information. Take these patterns one after the other and look for them on your chart(previously formed patterns using your selected timeframe of choice), spend at least 3 days on ONLY one pattern so you can be well grounded in it before you leave it. Try and spend at least 3 hours a day studying and looking for these patterns on the charts. Most importantly study what happens AFTER the pattern is found on the chart. Take a pen and paper (keep a journal like me) and write down how many times it went the way it should and the way it should not have. Check the time it went bad (low volatility? news?) and get the percentage wins over one previous week (i call it manual back testing). This is a lot of work but the rewards will be enjoyed for a long time. Do the same for all patterns. Someone said in a previous post that applying the patterns is where the problem is, but comparing with the chart as you study will make the application process easier.

After your analysis and study period, check the percentage win rate for each backtested candlestick pattern(you can google how to check percentage if you dont know how to or have forgotten) and decide which candlesticks will be the best to use for your trades. I think its best to stick to a few effective ones so as not to get confused in trading signals.

It feels great to be able to trade charts without any indicator and come out green. Please, STOP chasing strategies. If you are tall and light skinned and carry a backpack everyday on your way to work, if someone sees you from a distance along that route one day, they can almost safely predict it is you before you come close. That is Price Action. Its the Pattern of what Price does / looks like and the best strategy for trading.

Sorry for this long post. I apologise. Please, my fellow brothers and sisters take this advice. I safely average about 20 wins daily. sometimes more, sometimes slightly less but usually within 3-5 hours. Trying to get several wins a day is not for everybody, you can take two or three trades and be done for the day. Wishing you all more greens and God's grace to make it.

P.S: Also, note that some patterns may work well for some currencies, not so well for some and abysmally for others e.g CHF, NZD pairs
Shalom

I can't call myself a guru o, not by a long shot. But...it gets better. By the way, the timing of some of my trades may be off, no be my fault na Binary. I'm not selling natin. Hmmm, i think its shows the time you refresh your profit page or something. I dont refresh after each trade so can't really say. Cheers y'all


Sorry guys, removed my screen shots for reasons best known to me and Binary embarassed embarassed embarassed
Phew!! okay i was just being paranoid. My Payouts just reduced anyhow but back to normal now. Come to think of it it happens sometimes. Thought they are watching us with 3D glasses on NL. Still, keeping my screenshot at home abeg. Paranoia or not

3 Likes

Re: Binary Option Free Alerts/strategies Season 3 by micynute94(m): 11:55am On Feb 19, 2015
tabletgirl:
(Sorry guys, this is a loooong one)


I trade Rise and Fall. First of all, the problem is not Binary.com. If you have used them well, you will discover that NO MATTER how low the time frame is, usually, one payout will be over 100% and the other sometimes as low as 45%. Why? This is based on the direction of price using the average of the time frame you are using. From my studies, if the most recent direction (candlestick) of that time frame (average) has been going down, the lower payout will be based on the fact that it will begin to go up. Higher percentages are given when you are predicting that the market will continue in that direction. Hope its clear? Most of my trades are over 100% payout.


@ bolded. i disagree with those statement.
1. 99% of my trade on binary is on Rise/Fall and i have seen occasions where both payouts for rise or fall are less than 70%. Have seen situations where a payout for Rise might be 50% while the other is 65% or even less. .
2. The analogy doesn't explain it well. Contrary to what u think, when a change in trend occurs, lets say from an uptrend to downtrend.. The payouts for Fall bet decreases gradually while the payouts for Rise increases. Depending on the trend change, i.e if its just a retracement or a total reversal, the payouts follows this pattern until the average range for that time is reached or about to be reached. Let's say the hourly range for G/Cad is 60 pips and the market had already made a pip movement of 50 pips or there about, that is when the payouts for Rise bets start decreasing n the one for Fall bet starts increasing. I Hope u got what am trying to say. .
Other times have seen both payouts to be above 70% or more is when the pair is ranging or price is approaching S/R region.
P.S: I don't doubt the fact that binary.com offers 100% and above but it's damn scarce n most times when it's offered, it has a way of making u deplete ur account fast. A case of dangling carrot in front of a camel
Re: Binary Option Free Alerts/strategies Season 3 by micynute94(m): 12:34pm On Feb 19, 2015
@T.G....
Saw something on ur uploaded pics....
Expiry Time z 4 mins. right.. it ain't very clear on viewing..
The payouts for those low time frame makes sense... I did use it before until airtel service started crawling.. N among other issues..
Re: Binary Option Free Alerts/strategies Season 3 by sunwalk(m): 12:36pm On Feb 19, 2015
bro i believe she did not say it happens all the time. you are free to disagree, but what she says happens most of the time but not all the time. there are times when both directions would yeild 100% and atimes both even lower than 50% each..
micynute94:


@ bolded. i disagree with those statement.
1. 99% of my trade on binary is on Rise/Fall and i have seen occasions where both payouts for rise or fall are less than 70%. Have seen situations where a payout for Rise might be 50% while the other is 65% or even less. .
2. The analogy doesn't explain it well. Contrary to what u think, when a change in trend occurs, lets say from an uptrend to downtrend.. The payouts for Fall bet decreases gradually while the payouts for Rise increases. Depending on the trend change, i.e if its just a retracement or a total reversal, the payouts follows this pattern until the average range for that time is reached or about to be reached. Let's say the hourly range for G/Cad is 60 pips and the market had already made a pip movement of 50 pips or there about, that is when the payouts for Rise bets start decreasing n the one for Fall bet starts increasing. I Hope u got what am trying to say. .
Other times have seen both payouts to be above 70% or more is when the pair is ranging or price is approaching S/R region.
P.S: I don't doubt the fact that binary.com offers 100% and above but it's damn scarce n most times when it's offered, it has a way of making u deplete ur account fast. A case of dangling carrot in front of a camel

I wasnt exactly refering to currency pairs, I meant random index
micynute94:


True talk bro, agreed with most of ur analysis but at the 3rd bolded, i doubt selecting a barrier that could give you 90% n above using touch / no touch on currency pairs will have a good win rate. I trade currency pairs.
Re: Binary Option Free Alerts/strategies Season 3 by signz: 12:37pm On Feb 19, 2015
tabletgirl:
(Sorry guys, this is a loooong one)

Hi guys,

Please just a little contribution to this thread. The key things that hurt equity (your trading capital) is greed and jumping from strategy to strategy.

I trade Rise and Fall. First of all, the problem is not Binary.com. If you have used them well, you will discover that NO MATTER how low the time frame is, usually, one payout will be over 100% and the other sometimes as low as 45%. Why? This is based on the direction of price using the average of the time frame you are using. From my studies, if the most recent direction (candlestick) of that time frame (average) has been going down, the lower payout will be based on the fact that it will begin to go up. Higher percentages are given when you are predicting that the market will continue in that direction. Hope its clear? Most of my trades are over 100% payout. I just won one with 109% payout. shocked To be honest, i dont think i have ever hard 109% that's why i am mentioning it. Usually, i get 105%, 106%, 101%, 102% etc. Rarely i get 98% and sometimes 99%

So how can you achieve this? Price Action. PLEASE dont ignore this. It can change your life!! I martingale on every loss but i dont have to do too much martingaling. I will post a screenshot of 7 consecutive wins i just took this morning. First for the day was a loss, the next 7 were winning trades. How did i discover this? You can laugh but i believe it was God. I put in work studying the charts...i can study till 2am. Almost every single night after a hard day at work, i pull out my laptop and study and analyse till i get sick of seeing candles, yet next day i am back at it. It is a principle of the Bible that when you sow you will reap. Let me stop here and give you the specifics.

People on this thread talk of a certain man's price action book, i have never seen it at all. I also hear it will take so long to read. Its a worthy investment, but if you want to start right away, just go online and see what DIFFERENT candlestick analysis sites say about different candlesticks. I say DIFFERENT because one might say something without enough information. Take these patterns one after the other and look for them on your chart(previously formed patterns using your selected timeframe of choice), spend at least 3 days on ONLY one pattern so you can be well grounded in it before you leave it. Try and spend at least 3 hours a day studying and looking for these patterns on the charts. Most importantly study what happens AFTER the pattern is found on the chart. Take a pen and paper (keep a journal like me) and write down how many times it went the way it should and the way it should not have. Check the time it went bad (low volatility? news?) and get the percentage wins over one previous week (i call it manual back testing). This is a lot of work but the rewards will be enjoyed for a long time. Do the same for all patterns. Someone said in a previous post that applying the patterns is where the problem is, but comparing with the chart as you study will make the application process easier.

After your analysis and study period, check the percentage win rate for each backtested candlestick pattern(you can google how to check percentage if you dont know how to or have forgotten) and decide which candlesticks will be the best to use for your trades. I think its best to stick to a few effective ones so as not to get confused in trading signals.

It feels great to be able to trade charts without any indicator and come out green. Please, STOP chasing strategies. If you are tall and light skinned and carry a backpack everyday on your way to work, if someone sees you from a distance along that route one day, they can almost safely predict it is you before you come close. That is Price Action. Its the Pattern of what Price does / looks like and the best strategy for trading.

Sorry for this long post. I apologise. Please, my fellow brothers and sisters take this advice. I safely average about 20 wins daily. sometimes more, sometimes slightly less but usually within 3-5 hours. Trying to get several wins a day is not for everybody, you can take two or three trades and be done for the day. Wishing you all more greens and God's grace to make it.

P.S: Also, note that some patterns may work well for some currencies, not so well for some and abysmally for others e.g CHF, NZD pairs
Shalom

I can't call myself a guru o, not by a long shot. But...it gets better. By the way, the timing of some of my trades may be off, no be my fault na Binary. I'm not selling natin. Hmmm, i think its shows the time you refresh your profit page or something. I dont refresh after each trade so can't really say. Cheers y'all




So ur strategy is basically candlestick pattern similar to oga accentuate ' s bearish & bullish engulfing pattern?
Re: Binary Option Free Alerts/strategies Season 3 by tabletgirl: 12:46pm On Feb 19, 2015
No, i dont use engulfing patterns at all because i found it difficult o get the right level for plotting my resistance and support. Might be easy for you but i used to plot like 10 lines on one 5 mins chart page *hides face*

With study, you will realise trading is simpler than we realise. The bars are telling stories. Beautiful green stories smiley Price directions. You can know the direction of price by looking at the previously formed candle. Find out what they say, studying candle stick patterns will only confirm what you think price is saying and increase your greens.
signz:


So ur strategy is basically candlestick pattern similar to oga accentuate ' s bearish & bullish engulfing pattern?

1 Like

Re: Binary Option Free Alerts/strategies Season 3 by tabletgirl: 12:49pm On Feb 19, 2015
Yes Bro. I use 4 minutes but 5 minutes chart. I discovered binary usually increases your 5 minutes by 27 - 33 seconds and if the next candle is forming in the next direction, you are pinished!! smiley My 4 minutes expiry, sometimes it favours me, sometimes it doesnt but it usually does. When i decided to convert in seconds it added 2 whole minutes to my duration!!! When i was trading one hours chart then, they added like 8 minutes to my expiry one hour time. It will show correct countdown o but it will be longer with some secs / mins


micynute94:
@T.G....
Saw something on ur uploaded pics....
Expiry Time z 4 mins. right.. it ain't very clear on viewing..
The payouts for those low time frame makes sense... I did use it before until airtel service started crawling.. N among other issues..
Re: Binary Option Free Alerts/strategies Season 3 by tabletgirl: 12:55pm On Feb 19, 2015
Well you are free to disagree Bro. Very free. However, i am only detailing my experience. You can see from my chart that 4 out of my 7 wins are over 100%, the very first one is 109% so let the pic speak for itself. The other trades were 97% and 98% i think. From MY experience payouts on both sides can be as low as 65% or lower when there is uncertainty...news or sudden volatility.When i see the payout is lower than 90% i dont bother taking it so it does not mess with my martingaling. I'm sorry if i didnt explain it well, i am not sure i am a very good teacher. As i said i am no guru but i will answer whatever questions i can. Cheers

By the way, from MY experience, it is exactly how i explained it. Payout is high when you predict price is continuing in that direction. Even before i started price action trading, my last strategy was based on this because i discovered thats where you et higher payouts. To each his own sha. Thats how i experience it almost every trade and i take a lot of trades daily. Maybe there are some factors responsible for you experiencing that. I use lower time frames - 5 mins to be exact so cant say much about how higher time frames work. I've not been analysing those. I get over 100% payout almost every time

The fact is even Binary do not know what the market is going to do. So from MY experience i realise their software (on 5 minute time frame i am sure of) has been programmed to offer lower payout in the opposite direction when price has moved in one direction in the last 5 minutes. So a strategy that gives you an idea of when the market will continue moving in that direction would be great. Lots available if you want to use indicators.




micynute94:


@ bolded. i disagree with those statement.
1. 99% of my trade on binary is on Rise/Fall and i have seen occasions where both payouts for rise or fall are less than 70%. Have seen situations where a payout for Rise might be 50% while the other is 65% or even less. .
2. The analogy doesn't explain it well. Contrary to what u think, when a change in trend occurs, lets say from an uptrend to downtrend.. The payouts for Fall bet decreases gradually while the payouts for Rise increases. Depending on the trend change, i.e if its just a retracement or a total reversal, the payouts follows this pattern until the average range for that time is reached or about to be reached. Let's say the hourly range for G/Cad is 60 pips and the market had already made a pip movement of 50 pips or there about, that is when the payouts for Rise bets start decreasing n the one for Fall bet starts increasing. I Hope u got what am trying to say. .
Other times have seen both payouts to be above 70% or more is when the pair is ranging or price is approaching S/R region.
P.S: I don't doubt the fact that binary.com offers 100% and above but it's damn scarce n most times when it's offered, it has a way of making u deplete ur account fast. A case of dangling carrot in front of a camel
Re: Binary Option Free Alerts/strategies Season 3 by signz: 1:42pm On Feb 19, 2015
tabletgirl:
No, i dont use engulfing patterns at all because i found it difficult o get the right level for plotting my resistance and support. Might be easy for you but i used to plot like 10 lines on one 5 mins chart page *hides face*

With study, you will realise trading is simpler than we realise. The bars are telling stories. Beautiful green stories smiley Price directions. You can know the direction of price by looking at the previously formed candle. Find out what they say, studying candle stick patterns will only confirm what you think price is saying and increase your greens.

Ohk thanks grin
Re: Binary Option Free Alerts/strategies Season 3 by tabletgirl: 2:52pm On Feb 19, 2015
Most welcome. Is that grin for my ten support lines or just a friendly grin. Take time ooo grin
signz:


Ohk thanks grin
Re: Binary Option Free Alerts/strategies Season 3 by signz: 3:12pm On Feb 19, 2015
tabletgirl:
Most welcome. Is that grin for my ten support lines or just a friendly grin. Take time ooo grin

Friendly grin. Though I wouldn't mind seeing a screen shot of ur 10 support lines wink
Re: Binary Option Free Alerts/strategies Season 3 by willscolf: 3:32pm On Feb 19, 2015
@Tabletgirl,i commend ur industrousness as a female nd i wish u d best ma'am bt i must correct a few impression regarding ur posts.''you can know d direction of d next candle by lookin @ d previous one'' my dear na pure lie(it's a fallacy).candlesticks witout adquate confluences r useless,i repeat dey r useless.nd lastly is ridiculous 2 tink dat trading is simple otherwise we'd all b makin millions.remember it's no fluke dat only around 5% of traders r sucessfull,hence in my opinion Trading is a very tough venture survived only by d very tough ones
Re: Binary Option Free Alerts/strategies Season 3 by tabletgirl: 3:39pm On Feb 19, 2015
hehehehe wicked!
signz:


Friendly grin. Though I wouldn't mind seeing a screen shot of ur 10 support lines wink

1 Like

Re: Binary Option Free Alerts/strategies Season 3 by micynute94(m): 3:43pm On Feb 19, 2015
sunwalk:

I wasnt exactly refering to currency pairs, I meant random index

OK bro.. that quite explains it... Tanx bro
Re: Binary Option Free Alerts/strategies Season 3 by micynute94(m): 3:56pm On Feb 19, 2015
tabletgirl:
Well you are free to disagree Bro. Very free. However, i am only detailing my experience. You can see from my chart that 4 out of my 7 wins are over 100%, the very first one is 109% so let the pic speak for itself. The other trades were 97% and 98% i think. From MY experience payouts on both sides can be as low as 65% or lower when there is uncertainty...news or sudden volatility.When i see the payout is lower than 90% i dont bother taking it so it does not mess with my martingaling. I'm sorry if i didnt explain it well, i am not sure i am a very good teacher. As i said i am no guru but i will answer whatever questions i can. Cheers

By the way, from MY experience, it is exactly how i explained it. Payout is high when you predict price is continuing in that direction. Even before i started price action trading, my last strategy was based on this because i discovered thats where you et higher payouts. To each his own sha. Thats how i experience it almost every trade and i take a lot of trades daily. Maybe there are some factors responsible for you experiencing that. I use lower time frames - 5 mins to be exact so cant say much about how higher time frames work. I've not been analysing those. I get over 100% payout almost every time

The fact is even Binary do not know what the market is going to do. So from MY experience i realise their software (on 5 minute time frame i am sure of) has been programmed to offer lower payout in the opposite direction when price has moved in one direction in the last 5 minutes. So a strategy that gives you an idea of when the market will continue moving in that direction would be great. Lots available if you want to use indicators.




Love ur posts ma'am... It shows u know ur cake.. well each for his/her own. I use an android to do my analysis nowadays.. so drawing s/r is a NO NO. But d part where i bolded.. will look into it...
Re: Binary Option Free Alerts/strategies Season 3 by JeffreyJamez(m): 4:00pm On Feb 19, 2015
micynute94:
Did study something on binary which wasn't like this before. Or should i say it was but not to this extreme.
Any good strategy with a very high winning probability rate usually have a very low payouts which is suicidal to the account. (Am sure the ogas would understand me)
Trying any form of martingale or tweak is hmmmm.. lets just say fiddling with a time bomb. n i doubt any M.M could work under this scenario.
On the other hand, payouts in the range of 85% n above mostly have a very very low probability winning rate.

This is what i call an "impasse" ..

I think the best solution is to look for a good broker that offers a fixed return percentage in the range of 80- 85% n above.
All this my rambling means one thing.. avoid binary.com at all means.. This is an advice from an experienced trader.

Except u have a strategy that gives a R:R ratio that is very high and can nullify a loosing streak n comes out with a profit OR u have a lot of money to try out a tweaked version of MARTINGALE, pls just look for a better broker..

This is from a brother from anoda mother n father to another brother out there. CIAO

P.S This applies to trading currency pairs.. Don't know about R.D


And what broker would you advice us to trade on then?
Re: Binary Option Free Alerts/strategies Season 3 by micynute94(m): 4:08pm On Feb 19, 2015
JeffreyJamez:



And what broker would you advice us to trade on then?

MY BROTHER... don't know o to be sincere.. been using binary.com for a long time. THOUGH i read something about beeoptions or is it bosscapital offering a fixed return.. Still trying to read reviews about the brokers before moving in.. Wanted to throw the question to the house b4... u just beat me to it
Re: Binary Option Free Alerts/strategies Season 3 by tabletgirl: 4:21pm On Feb 19, 2015
Thanks Bro. Its okay. But truth is that is how i am trading it and getting my greens.

Fallacy is making me wins. I even tried to explain it to a colleague using charts but he didnt get it... at least not yet. Oh well. On a day i am serious i can get close to 30+ wins within 4-5 hours trading intermittently because i work and only trade in the morning.I do this by looking at the candlestick and looking for patterns. I now understand candlestick patterns to be more than patterns, they are stories so i follow the stories of the charts and when my patterns show up, i enter the market. The bars tell me stories and i can 70% of the time predict what will happen next bar, the one after that or the other. I know when a trend is tired and losing momentum without using indicator helping me get out early before a single loss and even now understanding ranging patterns. Mostly Black, white, black, stop trading (Bearish and Bullish - black and white) or white, black, white, stop trading depending on the pattern that preceded the ranging. Hard to believe i can see so i will stop there. Its not magic, its price action and understanding it in a simple way. Day before yesterday i made 38 trades with 21 wins. Thats 55%, most good strategies can give that. Sticking to this strategy highest loss in a row has been 3. So martinagling has not harmed me and helps keep all winnings intact.

Just because you cant bro or that lots others cant, doesnt mean someone else cant. I mean this with all the respect in the world Bro.It also does not mean that one small girl called TG on NL cant. I dont think i want to keep talking about his here. I hoped it would help someone, still hope it does. Today has been an exceptionally good day sha to be honest, been crazy busy since but 14 TRADES and 11 Wins. About 78% so far. Maybe i'm getting better sticking to the patterns strictly, think so. No more of these my long, long write ups though, cos i'm not here to boast, I have nothing worthwhile of my own at all but for God's Grace, i only wanted to point people in the right direction. I've been trading forex for over 9 years, i'm no forex spring chicken. Not a newbie basking in the euphoria of lucky wins, this has been going on for some time now. I appreciate your concern Bro and thank you. I repeat that Trading is simple but sadly i think few will ever know it.

P.S: I;m super, super tough smiley

Cheers


willscolf:
@Tabletgirl,i commend ur industrousness as a female nd i wish u d best ma'am bt i must correct a few impression regarding ur posts.''you can know d direction of d next candle by lookin @ d previous one'' my dear na pure lie(it's a fallacy).candlesticks witout adquate confluences r useless,i repeat dey r useless.nd lastly is ridiculous 2 tink dat trading is simple otherwise we'd all b makin millions.remember it's no fluke dat only around 5% of traders r sucessfull,hence in my opinion Trading is a very tough venture survived only by d very tough ones

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Re: Binary Option Free Alerts/strategies Season 3 by tabletgirl: 4:22pm On Feb 19, 2015
Yes Sir smiley its pretty awesome stuff
micynute94:

Love ur posts ma'am... It shows u know ur cake.. well each for his/her own. I use an android to do my analysis nowadays.. so drawing s/r is a NO NO. But d part where i bolded.. will look into it...
Re: Binary Option Free Alerts/strategies Season 3 by JeffreyJamez(m): 4:35pm On Feb 19, 2015
micynute94:


MY BROTHER... don't know o to be sincere.. been using binary.com for a long time. THOUGH i read something about beeoptions or is it bosscapital offering a fixed return.. Still trying to read reviews about the brokers before moving in.. Wanted to throw the question to the house b4... u just beat me to it

I think binary.com is reccommendable cos That's what a lot of Nigerians use. You know we have to consider the Nigerian factor too in things like this in other to avoid stories that touch when you want to withdraw.
Re: Binary Option Free Alerts/strategies Season 3 by micynute94(m): 5:27pm On Feb 19, 2015
JeffreyJamez:


I think binary.com is reccommendable cos That's what a lot of Nigerians use. You know we have to consider the Nigerian factor too in things like this in other to avoid stories that touch when you want to withdraw.

True talk...oga mi..
na 2 go back to d drawing board b dat...
... stories that touches the heart... hehehe my heart too fragile for any story talk less of the one that touches the heart. grin
Re: Binary Option Free Alerts/strategies Season 3 by Nobody: 8:02am On Feb 20, 2015
i just have one word for the long arguments...use what works for you.i don't need 1000% payback ratio to hit my daily or monthly target. let me give you a quick clue,this was what i use and use when i tell someone to start binary trading...see plan below :
fund $100 as a start then follow this plan :
month 1
week 1= 5 trades;$5 payout and 5 days trading-profit will be $2 a trade=$2X5=$10 x 5days=$50 first week

week 2=same plan but with $10 payout=$4 x 5=$20 x 5days =$100 second week

week 3=$15 payout=$6 x 5=$30 x 5days=$150 third week

week 4=$30 payout=$12 x 5=$60 x 5days=$300 forth week

finally we have $600 net profit for the first month,then plan the second month also...trust me it will get to the time when you will start using $100 payout.its a business,keep that in mind.like what my sister said earlier TRADING IS SIMPLE AND VERY BASIC,BUT REMEMBER TO LEARN THE BASIC AND VITALS SKILLS ALSO.
SHALOM

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Re: Binary Option Free Alerts/strategies Season 3 by Nobody: 8:09am On Feb 20, 2015
shalom123:
i just have one word for the long arguments...use what works for you.i don't need 1000% payback ratio to hit my daily or monthly target. let me give you a quick clue,this was what i use and use when i tell someone to start binary trading...see plan below :
fund $100 as a start then follow this plan :
month 1
week 1= 5 trades;$5 payout and 5 days trading-profit will be $2 a trade=$2X5=$10 x 5days=$50 first week

week 2=same plan but with $10 payout=$4 x 5=$20 x 5days =$100 second week

week 3=$15 payout=$6 x 5=$30 x 5days=$150 third week

week 4=$30 payout=$12 x 5=$60 x 5days=$300 forth week

finally we have $600 net profit for the first month,then plan the second month also...trust me it will get to the time when you will start using $100 payout.its a business,keep that in mind.like what my sister said earlier TRADING IS SIMPLE AND VERY BASIC,BUT REMEMBER TO LEARN THE BASIC AND VITALS SKILLS ALSO.
SHALOM
THE ABOVE CALCULATIONS IS JUST 75%...I FORGOT SOMETHING,@ OGA SUNWALK THAT YOUR STRATEGY EHN WELL MAKE I NO TALK BUT EVER SINCE IF I WAN ENTER BANK I GO BE LIKE grin grin grin cool cool cool cool

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