BO alert

Usdcad BUY @1hr
Gbpaud BUY @1hr
Audjpy SELL @1hr
Gold SELL@1hr

Posted

24/7/15 RESULT DATA:

Trades : 4, Win: 3, Loss: 0, Re-entry: 1

Its nice starting up today again with some greens we are up 3 wins, recovered 1 loss and have 4 more open BO trades. We would be closing early today as the market would soon slow down. Green up

juice558:
BO alert

Usdcad BUY @1hr
Gbpaud BUY @1hr
Audjpy SELL @1hr
Gold SELL@1hr

Re-enter all

Usdcad BUY @1hr
Gbpaud BUY @1hr
Audjpy SELL @1hr
Gold SELL@1hr

Plus

Gold Sell @4hr

pls can you teach me your strategy boss juicy

juice558:


Re-enter all

Usdcad BUY @1hr
Gbpaud BUY @1hr
Audjpy SELL @1hr
Gold SELL@1hr

Plus

Gold Sell @4hr

Oga you lost 4 bets?

juice558:


Re-enter all

Usdcad BUY @1hr
Gbpaud BUY @1hr
Audjpy SELL @1hr
Gold SELL@1hr

Plus

Gold Sell @4hr

Usdcad BUY @1hr LOSS
Gbpaud BUY @1hr WON
Audjpy SELL @1hr. WON
Gold SELL@1hr. WON

24/7/15 RESULT DATA:

Trades : 8, Win: 6, Loss: 1, Re-entry: 5

Ride On

juice558:
24/7/15 RESULT DATA:

Trades : 8, Win: 6, Loss: 1, Re-entry: 5

deltateam:


Oga you lost 4 bets?

4 first trades and here those goes into re-entry trades which we won back 3 of the losses and profits.

Read the front page for instructions to know how we do it here, alright. Green up

toppy1234:
Ride On

Thanks we have one more trade that is on Gold 4hr. Let see how that goes.

manneger2:
pls can you teach me your strategy boss juicy

Read the first post

[quote author=juice558 post=36214547]

Well to answer you i would explain it on my own terms. I use only one forex strategy and one pair. Time frame is daily for great accuracy. Mine is not the win rate rather the pip rates. Eg

My fixed stop loss is 100pips and no TP only have reversal alerts with a min of 150pips and upto 600pips. So i make like 4 trades a month and i lose 1 or twice thats like 100 to max 200pips on all trades and the other two trades give me most times 1200 to 2k pips.

So after maths am still having more than 1000 to 1800 pips profit. Ok.

I check my chart just once a day.


@juice, hw can I learn dis ur Forex strategy ? I am interested in it

24/7/15 RESULT DATA:

Trades : 9, Win: 6, Loss: 2, Re-entry: 5

FULL RESULT DATA:

Trades : 30, Win: 24, Loss: 4, Re-entry: 9

Bravo, thou didn't take the trade, but big up

juice558:
FULL RESULT DATA:

Trades : 30, Win: 24, Loss: 4, Re-entry: 9

toppy1234:

Bravo, thou didn't take the trade, but big up

Hopefully, next week would be better.

I am going to share an article on Average Directional Index (ADX) which a very good tool in trading forex and BO.

The Average Directional Index (ADX) rates how much a currency pair is trending on a scale from 0 – 100. A pair moving sideways shows an ADX level below 30 while a trending pair shows an ADX level of 30 or jogger. Keep in mind that the ADX is directionally neutral, meaning it does not indicate a bearish or bullish trend, only if a trend exists or not.

‘How can I determine if a pair is trending or not?’ This is a common question we are asked at DailyFX EDU. A common tool used by many traders to answer that question is the Average Directional Index (ADX). Over the next few minutes, we’ll explain what the ADX is and how to incorporate this signal into a trend trading Moving Average Crossover strategy.

What it the ADX?

The ADX is displayed as a value between 0-100 where the higher the ADX value, the stronger the currency pair is trending.

ADX looks very similar to popular oscillators like the Relative Strength Index or Commodity Channel Index, but understand that the ADX is directionally neutral. So a higher value does not represent a pair as bullish nor does a lower value represent a pair as bearish. A higher value means the pair has been trending (either up OR down) and a lower value means the pair has been moving sideways.

How Do You Read the ADX?

The ADX will be a value between 0 - 100. Typically, traders will look for an ADX above 30 to confirm that the currency pair is trending either up or down. Any value below 30 would mean a pair has been moving sideways and trend based systems should be cautiously used or completely avoided. Let us show you a real life example.

Below is a strategy using a Simple Moving Average crossover of the 50 and 20 period on an Hourly chart of the EUR/USD. The rules of the strategy are easy, buy when the 20 period crosses above the 50 period, and sell when the 20 period crosses below the 50 period.This crossover strategy thrives in trending markets but suffers in ranging markets.



What it the ADX?

The ADX is displayed as a value between 0-100 where the higher the ADX value, the stronger the currency pair is trending.

Learn Forex: The Average Directional Index (ADX)

How to Use ADX to Identify Forex Trends
(created from FXCM Marketscope 2.0)

You can see in the image above that the ADX looks very similar to popular oscillators like the Relative Strength Index or Commodity Channel Index, but understand that the ADX is directionally neutral. So a higher value does not represent a pair as bullish nor does a lower value represent a pair as bearish. A higher value means the pair has been trending (either up OR down) and a lower value means the pair has been moving sideways.

How Do You Read the ADX?

The ADX will be a value between 0 - 100. Typically, traders will look for an ADX above 30 to confirm that the currency pair is trending either up or down. Any value below 30 would mean a pair has been moving sideways and trend based systems should be cautiously used or completely avoided. Let us show you a real life example.

Below is a strategy using a Simple Moving Average crossover of the 50 and 20 period on an Hourly chart of the EUR/USD. The rules of the strategy are easy, buy when the 20 period crosses above the 50 period, and sell when the 20 period crosses below the 50 period.This crossover strategy thrives in trending markets but suffers in ranging markets.

Simple Moving Average Crossover (No Trend Filter)



You can see that some of the trades were very good, while many of the other trades were not. Ideally, we would like to avoid trades taken during sideways markets and the ADX does exactly that.

Using the same Moving Average Strategy on the next chart, I am going to filter out all trades where the ADX was below 30, and keep all the trades that occurred when the ADX was above 30. This will ensure I am only taking trades when the pair is trending according to the ADX. I've highlighted the ADX +30 areas when a cross occurred to make the image clearer.

Simple Moving Average Crossover (With Trend Filter)

How to Use ADX to Identify Forex Trends
The signals that occurred while the ADX was above 30 were much more reliable. We took out all of the trades where the EURUSD was moving sideways and only opened trades during the long trending moves up or down. You might have also noticed that some of the winning trades were filtered out along with the bad trades, but this is ok. Overall, we cut out more losing trades than winning trades so it was an overall positive filter to this trending strategy.

Credit: DailyFX

Update to Rules:

A. Binary Option Trading

- Trade Alerts/Notification comes in 5 mins to the end of the hour to 5min into the next hour. (So you might just visit the thread then.)

- Re-rentry: People keep asking about this, the rules is if you take a trade and it ends on a LOSS at the end of the timeframe, re-enter same trade(same direction) but double what you had lost. If that also goes to a loss then you stop and wait for another signal.

- We are not here to share any strategy or system, its just pure good signals. Because when you share it people with twisted mind frame commercialize it. So let stick to signals.

- Please DONT post ads here, lets keep it clean and simple.

- Forex and Binary Option Education is welcomed.

I would be adding a tool soon to help us all. Thanks to a Nairalander who contacted me to develope that and its all FREE.

Stay tuned

I pray this thread will go along way and stand the test of time, cus i wunt want it to stop, i know u have good intentions God bless Bro, New Week Here we come

juice558:
Update to Rules:

A. Binary Option Trading

- Trade Alerts/Notification comes in 5 mins to the end of the hour to 5min into the next hour. (So you might just visit the thread then.)

- Re-rentry: People keep asking about this, the rules is if you take a trade and it ends on a LOSS at the end of the timeframe, re-enter same trade(same direction) but dould what you had lost. If that also goes to a loss then you stop and wait for another signal.

- We are not here to share any strategy or system, its just pure good signals. Because when you share it people with twisted mind frame commercialize it. So let stick to signals.

- Please DONT post ads here, lets keep it clean and simple.

- Forex and Binary Option Education is welcomed.

I would be adding a tool soon to help us all. Thanks to a Nairalander who contacted me to develope that and its all FREE.

Stay tuned

Ok here we go, a Nairaland took out his time to create a mobile app for this thread. It is on both Android & IOS (Sorry Blackberry users).

This app make its easier for you to be on Nairaland, at the same time get your Signals lighten fast and still place your trades on either Alpari, Binary dot com.

Its multi functional and its great. I would have uploaded the Apk & IOS files butbthey are 1.6MB which is above Nairaland Limits so I would be a link here to get it from.


"No one is useless in this world who lightens the burdens of another."
Charles Dickens


"Happiness doesn't result from what we get, but from what we give."
Ben Carson


Here is the link to download Both Android & IOS

https://goo (dot) gl/QzKF88

These is what the app looks like:

More

As you can see its multi functional, and a FREE gift from a Nairalander. Also those who use different Binary Option brokers that want their broker login side bar like we have Alpari and Binary dot com already should notify here.

Just drop the brokers name and before trading starts tomorrow we would have the application updated and your broker added.

God bless

toppy1234:
I pray this thread will go along way and stand the test of time, cus i wunt want it to stop, i know u have good intentions God bless Bro, New Week Here we come

Toppy1234, its here to stay. Lets help one another and God would bless us all.

Amen, Enjoy

juice558:


Toppy1234, its here to stay. Lets help one another and God would bless us all.