₦airaland Forum

When there is trend continuation in downtrend we can as well ride the trend to get accurate and valid signals see example below

Find below trading Example for PUT signal on EUR/USD

From the 2 examples given above we can vividly seen that we are only picking the precise and accurate signals once all the parameters have been met.

TO PLACE PUT TRADE
1. Heiken Ashi changes from White to red candle and the market mode is downtrend
2. Price is below all EMA’s (6, 12 and SMA 50)
3. EMA 6 crosses EMA 12 from above while both EMA 6 and 12 is below SMA 50
4. Parabolic SAR is above the red Heiken Ashi bar
5. MACD crosses below the signal line or Crosses the 0 Line from above to below the line
6. RSI 14 line is belowS SMA 9 Line
Before we go further we need to understand key areas that can enhance our chances of winning the trade when trading PUT signals using the system.see example below.

Another CALL signal variation is trading trend continuation pattern with the existing uptrend mode see below example

Use 15 time frame to analyze trade and once we have a valid set up, We place our entry for 30 minutes expiration or 2 candles on 15 minutes time frame.
With this kind of set up we are trying to pick only the valid signals from the currency pairs we are trading and filter out any fake signals that may reduce our win rate.Find below CALL trade on AUD/USD using 15 minutes time frame

I welcome everybody to the new season. Season of Hope, new dawn, season of success stories and breakthrough (Binary Options alert/strategies Season 4). I salute my entire boss in the house most especially Wapmaster for his doggedness and unrelenting effort to ensure that both the newbie and professionals on this thread have a course to smile in terms of financial breakthrough. I pray to God almighty to increase your knowledge and everybody on this thread who share the same goal and aspiration.
However, I wouldn’t go further without given just a piece of advice to most especially the newbie who aspire to venture into Binary option business to follow it strictly as this season promises to be a season of grace and a season of no pain but gain as rightly said by Wapmaster. I therefore crave your indulgence to the following point as we are bound to experience Strategies without Tears that might probably create focus and attentions to Nigerian Binary option traders from binary.com and other brokers we are using.

1. As I have said earlier on that Tons of strategies will be experience in this season ranging from price action, trend following strategies, Random Strategies, News trading strategies and others I can’t mention, my advice for everybody is to check the strategies as they are coming in try it on demo to check the best one that meet our trading styles and personality.

2. Ensure that we focus on that and work towards achieving our trading goal by tweaking the system as the case may be.

3. Our trading Capital is another aspect that we need to guide and shield as much as possible, this can be achieved when we apply a very strict Money Management. Maximum of 10% of our initial capital is recommended but if we don’t have risk appetite I will advise 5% will be okay.

4. Over trading is another killer squad that is fighting against binary option traders, we should try as much as possible to learn not to over trade our account. Placing Maximum of 5 trades daily is enough in conjunction with our money management.

5. Another area that is killing is using our discretion and subjective mind to trade rule base system. If we have a white color system telling us to pass through white colored road follow the white road and leave any other alternative options whether is red or black.

6. Never ever try to recover losses in a situation where you experience 3 or 4 consecutive losses at a stretch, close shop for that day to refresh your mind. Tomorrow is another day you can regain the loss trades.

7. Don’t trade when your mind is not settle or you are experiencing emotional trauma.

8. Binary Option is a business so we need to treat it as such, we need to ensure that our internet connection is very fast so as to execute the trades as soon as we are getting the signals, slow internet connection can easily crash a well robust account within minutes.

9. If we can work closely with the aforementioned advice along side with strategies that had just been posted and the one that will be coming soon, I belief everybody will be sharing their success stories very soon.

Having given the above advice, I therefore pitch my tent behind Wapmaster, austey10 and Shalom123 who had officially open the new thread with their simple but killing and effective strategy. I strongly belief that traders have started raking $$$$$$. The system I’m about to post is not new rather than a tweaked system also simple but killing and effective strategy if strictly followed. The system is trend following /indicator base strategy which I belief if strictly followed, 80% and above could be achieved.
The system is mainly design for newbie who find it very difficult to key into price action base system and also trend trade followers who don’t like to trade against the trade remember- Trend is your friend!

TOOLS NEEDED TO TRADE THE SYSTEM
1. Heinken Ashi
2. EMA 6, EMA 12 and SMA 50
3. Parabolic SAR
4. MACD (Default settings)
5. RSI 14 attached with SMA 9


TO PLACE CALL TRADE
1. Heiken Ashi changes from red to white candle and the market mode is uptrend
2. Price is above all EMA’s (6, 12 and SMA 50)
3. EMA 6 crosses EMA 12 from below while both EMA 6 and 12 is above SMA 50
4. Parabolic SAR is below the white Heiken Ashi bar
5. MACD crosses above the signal line or Crosses the 0 Line from below to above the line
6. RSI 14 line is above SMA 9 Line
Before we go further we need to understand key areas that can enhance our chances of winning the trade when trading CALL signals using the system.see example below.

wapmasta001:
AND

Oga mi you are too much!thanks for the wake up call. I will try as much as possible to contribute my own quota.

This year MONEY MUST BE MADE!

Present Sirs!

teeboy4x:
Calm down bro... He will open a new thread soon.

Bros i dey hail oooooo!

wapmasta001:
[b]GOOD MORNING TO ALL THE NIIGGAS AND NIGIRLS IN THE HOUSE, EVEN THOUGH WE HAVENT BEEN MAKING NEW POSTS ON THIS THREAD, OUR MINDS AND HEARTS ARE ALWAYS WITH THE THREAD. JUST LIKE ITS BEEN SAID THAT A RIVER DOESNT FORGET ITS SOURCE,. TO ALL WHO HAVE ALWAYS BEEN PULLING THE STRING IN TRYING TO BRING BACK THESE THREAD BACK TO THE WAY IT USE TO BE, A WARM HUG FOR U GUYZ, ACENTUATE, SUNWALK, SHALOM, NATREUTALK, TEEBOY4X , MANWEYSABI, AND OMAKAY. FORGIVE ME IF I DO NOT MENTION UR NAME AS I PULLED THESE NAMES OFFHAND. I COMMEND THIS GUYZ FOR ALL THEIR EFFORTS ON DIZ THREAD, I WILL BE SPEAKING TO BOSS NATRUETALK TO COME BACK TO THE THREAD, ....... I NOW CALL OFFICIALLY ON ACCENTUATE ( THE P.A MAN), SUNWALK(HAS ALL THE STRATEGIES IN HIS POCKET), SHALOM( THE RD MAN) NATRUETALK (ALERT MASTER), TEEBOY(TRUE BLLOD OF THE THREAD ), MANWEYSABI (STRATEGY TESTER)....AND THE NAMES I DINT MENTION, I PLEAD AND CALL YOU ALL BACK TO THE THREAD, LETS MAKE IT RAIN LIKE IT USED TO BE. ITS TIME TO GIVE BACK TO THIS THREAD WHAT WE HAVE EARNED FROM IT. WE WILL BE OPENING A NEW THREAD OF SEASON 4 TO MARK THE NEW BEGINNING......I HEREBY RESUME MY MEMBERSHIP TO DIZ THREAD AND I PLEAD TO ALL THE BOSSES IN THE HOUSE TO SHOW UP AS I CANNOT DO THESE ALONE. THANKS,. LETS BE AWARE WE ARE HERE TO MAKE MONEY AND NOT ANY OTHER KIND OF DISCUSSION AND EVERYTHING IS STRICTLY FOR FREE AS THE TOPIC OF THE THREAD READS. THANKS..............I REMAIN WAPMASTA::::::::: I HEREBY ASK FOR PERMISSIONS TO OPEN THE NEW THREAD SEASON 4..........OPINIONS ARE WELCOME...... .......MY BEST STRATEGY I WILL BE OPENING THE THREAD WITH , A SIMPLE AND YET KILLING STRATEGY.....I WILL BE WAITING FOR YOUR OPINIONS AND THE APPEARANCE OF ALL THE BOSSES, ESPECIALLY THE ONCE WHO HAVE BEEN PULLING THE STRINGS....... [/b]

My amiable Oga i throw my weight behind you!

GJames:
Is there no level of professionalism in fx or BO where someone can't lose?

If there is, traders would have become bastard millionaire and no brokers will ever venture into FX or BO business

Itzlinda:
May God reward you sir. But deep knowledge of candlestick is what many of us lack. I always het confused when faced with the real chart.

With the system is very easy now to identify Doji,spinning Top,Harmmer and Shooting star.before you start looking for those candlestick pattern make sure that the stoch line get to overbought or oversold region, i mean 10 and 90 level of stochastic.when the line is hovering around that region start looking for candlestick pattern.

If the stoch don't get to that region irrespective of candlestick formation you are getting from bollinger band ignore them.

If you are aggressive traders you can play with 1 minute time frame using 5 minutes expiry.Note your candlestick experience play a very important role here.

amor001:
Nice 1 baba. Waiting for that.

Scenario when we need to Ignore signals

papiforreal:
fine sir. una suppose drop something for boys na. the room had enough silence.

you are right that the room is silent for some time now, but still strongly belief that you have many working system here you can use to cash $$$ just pick one and make it your personal diary chikena!

very soon am going to post a system that took one month of research.is just a matter of waiting for the set up, act on it and cash in your $$$.am given it out as Easter Gift.

TOOLS NEEDED TO TRADE THE SYSTEM

1. Stochastic Indicator(9,3,3) with Levels on 10 & 90

2. Bollinger Band (Default Settings)

3. Candlestick Pattern(Focus on Spinning Top,Harmmer,Shooting Star and Doji)

4. Candlestick Pattern (Deep Knowledge of Candlestick Pattern when No.3 above fail to confirm the validity of the signal)

5. Your Degree of Patience

TO PLACE BUY OR CALL ENTRY

1.One of the Candlestick Pattern must Pin the Lower Bollinger with real body not touching the Band i.e Spinning Top,Harmmer or Doji)

2.Wait for Stochastic line to move below 10 Level

3. Immediately the Stock Line move below 10 check for Candlestick Pattern in No.3

4. Once the Candlestick pattern Confirm the oversold region at below 10 Level

5. Wait for the Current candle to close and enter 15 minutes Expiry with the new Candle.(Use 15 Minutes Time Frame Chart)


TO PLACE SELL OR PUT ENTRY

1.One of the Candlestick Pattern must Pin the Upper Bollinger with real body not touching the Band i.e Spinning Top or Doji)

2.Wait for Stochastic line to move above 90 Level

3. Immediately the Stock Line move above 90 check for Candlestick Pattern either Spinning Top or Doji

4. Once the Candlestick pattern Confirm the overbought region above 90 Level

5. Wait for the Current candle to close and enter 15 minutes Expiry with the new Candle.(Use 15 Minutes Time Frame Chart)

teeboy4x:
Thanks Boss, am always with you guys.
Hope you are doing good.

We Bless God

teeboy4x:
You will see them soon.

@Teeboy4x: Is quite a long time,we are happy to have you back in the house.Wellcome boss!

THRILLING:

What is wrong with the time of my trades?
Why not posting your own and let see it if it is written in ARABIC
Well you can say all what you like,don't forget that i am not forcing anybody to buy it.
Meanwhile,those who have got it would know by now how effective and straight forward the system is.

I AM VERY HAPPY TO BE SEEING ALL THIS
KEEP UP FOOLING YOURSELVES

@Thrilling: Please don't insult here this thread is purposely created to help newbies, if you want to sell your stuff create another thread for this.some people cannot even afford to fund their account with $50 and you are charging $200 for your stuff please bros take it easy.you start from somewhere and along the line you meet people who help you one way or the other to get to where you are why can't you for god sake help people so that God in his infinity mercy continue to bless and grace your knowledge.

If truly you are making something out of your system it doesn't cost you anything to offer it free here because i always remember one yoruba adage whish says "Oke Oke Lowo Afunni ngbe" meaning The Hands that gives always on top in all ramification of life.

Homguy:
hello pals, I trade 1st time on my live binary account, I made 2 wins and 2losses. sadly I staked more at the trades I lost. however, I traded almost solely, ENGULFING patterns at S&R, but for those trades I lost, there would suddenly be a reversal some secs to the expiry of the trade, is there something I can do about this? like a better trade duration? I use a 15mins chart. attached is an example of one which went wrong. Gurus, Ogas, pls help analyse if and where I made an error. I traded a 10 mins duration for this chart.

Check the bold sentences that's where you missed it. and as for the sudden reversal you can't control it, it can happen to anybody irrespective of your level of trading experience. Also before your Engulfing pattern formation there was no consecutive at least 3 bearish bars.

The Lesson there is always trade with your trading plan and trade strictly with specified time frame.

shalom123:
RE-ACTION: what price does after respecting a particular s&r is for it to follow the sentiments of what every other persons sees in their chart...remember you are not the only one trading we have millions of people trading...for those who have watched albrooks video he said in one of his video that :i will rather use a lower time frame like 5mins,15mins,30mins and 1hour to make profits repeatedly than wait for a daily candle according to him.that tells you that millions of people are trading the same time frame you are trading which makes the set-ups in those lower time frame also very potential even if the higher time frame has an effect on the lower time frame.now,when price hits s&r,you are watching,i am watching and everyone trading is watching what price will do at that moment,once price respects that level everybody buys/sells according to the pattern seen which then drives the price in that particular direction leading to your win or loss.what price does as a RE-ACTION AFTER THE ACTION ON A PARTICULAR S&R IS TO RESPECT THE SENTIMENT AND DECISIONS OF THE LARGEST TRADER WHO HAS BOUGHT OR SOLD...NOW SEE THE PREVIOUS CHART WITH EDIT ON IT ON HOW I GO ABOUT THIS..

Good you have hit the point on the head.Well done bros!

shalom123:
OK BOSS...see chart below is GBPUSD 30mins,there is no s&r drawn yet...so when i open a chart like this and my purpose is to trade at that moment i look at where price is currently at cos thats the region i want to draw my s&r so i can pick my trades quickly...see empty chart below :

ok Everybody is listening

shalom123:
boss its just the normal support and resistance...i really want to help but the fact is i don't know how.its just support drawn on a particular time frame the trader wants to use. i think you should upload some chart and i will download them and draw s&r on it so you can see how i draw them.another thing is that you need to also practice it over time so you can spot it easily also.

Good Morning well done,just try to explain to him the criteria you see before you draw your resistance and support.probably you are using swing high or low to draw it that's what he want to hear from you.

shalom123:
@oga accentuate...can you please explain how trades are taken in bosscapital it seem alittle different from binary,bosscapital seems to give traders their own expiry unlike binary that allows you choose urs...also observe sumtin seems like those guys no dey allow demo trade things...

Shalom123:you are really doing a wonderful job here,keep it up bro. I just finish reading the E-book now is really interesting.See below the major Salient point i want everybody to imbibe when trading.

The main difference between a gambler and a trader lies in their money management. A
gambler simply bet based on their emotion and does not really care if they are able to trade
another day. A trader always take note of their account to make sure that they are able to
continuing trading even if they lost a few trades consecutively which is why i recommend trading only 2% of your total account to avoid stories that touch.Even If you martingale the system with your 2%,you are secure of any day that market tends to go crazy.

Only those that trade strictly with 2% of their total account balance will survive the swiss saga that happens on 15th January 2015 (Forex trading).


Trades are taken base on the set Expiry.if you are trading 15m tf and you generate signal at exactly 4:00pm, you check the drop down key to look for 4:15pm expiry and place your trade.

They allow demo but you must fund your account before Demo can be given but honestly speaking you cannot compare bosscapital with Binary.com in terms of fast execution of trades(No server Error Unless your network is not fast enough)

if you place CALL trade and your entry point is 1.45781 and it expired at 1.45782 you win it when using Bosscapital but if you are using Binary.com you lost the trade because Binary.com will approximate it to 4 significant figure which is 1.4578 while your entry point will also be approximated to 1.4578(Tie trade in Binary.com)
If you get tie trade in bosscapital your money is refunded.

visionworld:
How can you make profit considering that brokers don't pay 100% on winnings? Supposing your brokers pays 70%, that will be $1.40 profit on $2. If you double by using $4, you will collect $6.8 which translate to $2.8 profit while your accumulated stake would have been $6 leaving you with just $0.8 profit. If you double the third time, there's no definition of making a single profit even if it wins.

This is only possible on random indices where there's a fixed payout of almost 100%. I stand to be corrected, my Ogas.

yes is one of the factors i considered when choosing brokers,you need brokers with fixed payout.to have winning edge on Binary.com it has to be 1,3,9,27 but with fixed payout brokers 2,4,10,20 is ideal.Minimum amount you can trade with bosscapital is $10 so it as to be 10,20,40,100.But please abeg you all if you don't have enough fund stick with the trading plan you will always make profit in the long run.

odimbannamdi:
2things endear me to a trading strategy, viz
- simplicity. i love a clean chart soo much
- having a defined trade time. my idea of trading is devoting a time range, say 2hours, in which you will focus your focus and concentrate your concentration on trading. as soon as you hit your target, you exit the market and do other worthwhile things with your life.

the engulfing strategy you introduced on this thread has the above 2 qualities and so am seriously thinking of making it my major strategy.

i backtested it last night using 5mins tf and 3major pairs and the efficiency was applaudable.
i intend using it with martingale and am gonna do it in 2main ways.

1. once an engulfing pattern is spotted, i will trade on next candle open. if i lose, i martingale on the next candle.

2. once an engulfing pattern is spotted, i will trade on next candle open. if i lose, i martingale on the next setup.

based on your experience with this strategy, wats your opinion?

Yes Odimba that's how i use it to achieve my no loss trade daily. But i just don't want to recommend it here because people will misapply it.

for you to apply it successfully, you must have $150-$200 when using Binary.com.Using Engulfing you hardly loss 4 consecutive times after engulfing formation so 2,4,10,20 would be ideal to use.Immediately you hit it you start with $2 again.

that's is the amount i feel you need to get before you can trade it successfully and use only $2

accentuate:
If you analyze on 1 minutes time frame your Expiry is 60 sceonds

5 minutes time frame=====>5 Minutes Expiry

15 minutes TF===========> 15 Minutes Expiry

30 minutes TF===========> 30 Minutes Expiry

60 minutes TF===========> 60 Minutes Expiry

you can trade any time if yo are using candlestick formations to analyze your trades so far all the criteria are met

Homguy: look at the instructions for Expiry

Homguy:
good morning house, I hope trading has been yielding enough greens. wish all the success. I however need anyone to analyse this trade I entered. I tried to trade a bullish engulf, which I circled red, and entered at the arrow. however, I still lost the trade it took quite some time before an uptrend started. I entered an 8minutes trade though. is there an optimum trade duration when trading engulfing patterns? and is there any other reason why I lost this trade? the 2nd pics shows when I entered the trade. while the 1st pic shows the formation after trade expired. cc: accentuate.

if you use five minutes expiry you will win it

wapmasta001:
WELDONE ACCENTUATE. WHICH OTHER BROKERS ARE U USING? HOW IS THEIR PERCENTAGE ON PAYOUT? AND DO THEY ACCEPT VISA CARDS? THANKS

tuale baba! quite a long time.I use only Bosscapital and beeoptions, i stop using Binary.com because of their digit difference and loss trade when your entry tie with your exit point.

the 2 brokers will refund your money when you experience tie trade.You can use Mastercard or VISA to fund Bosscapital but Beeoptions don't accept any Nigerian card you only fund your account Via Wire transfer.

If you are trading 15 minutes expiry and above you get 80% fixed payout on both brokers but if you are trading lower expiry below 15 minutes you get 70% fixed payout.

Minimum Funding on Bosscapital is $200 while beeoptions is $250

ayoola190:
Accentuate, "HABBA"...I read some comments and was like...
First and foremost, if am not ready to learn, I wont do all this. And on a normal day, I wont alter a word if not for the argument between malachi2uk and one other guy.

For the rest saying am not ready to learn and cant spot patterns, I have nothing to say.

I remember one of my emphases is on openness from the strategy giver, which has spotted my faults in this project, as a result of Accentuate openness and willingness to give out. GOOD ONE INDEED!!! But I dont remember saying ALL STRATEGIES, I SAID SOME.

The real essence of this project is achieved after perusing my trades with your RECENT corrections. Everyone learns, not only me.

Its like you just turn my trading career around for better.

MAY GOD BLESS YOU!!!

@Ayoola190: No problem 1 Luv!

shalom123:
OUR TRADE ON EURAUD IS IN PROFIT BUT THERE SEEMS TO BE A PROBLEM COS PRICE MET ANOTHER S&R DOWN...THATS THE REASON FOR THE DANCE COMBINED WITH NEWS OR SUMTIN...BUT SHOULD END PROFITABLE

Well done bros.

willscolf:
wel dia r different types of engulfing bars,d 1 i c on dis quotes chart is a 2bar bearish reversal which is also a form of engulfing bar bt d 1 u r referring 2 @accentuate is an outside bar kind of engulfing bar whch i consider stronger dan d former.perhaps he nids 2 focus on d outside bar type .....1 luv

Thanks bro 1 luv.

ayoola190:
After Today's Experimental Trading, monitoring 10 forex pairs

Time: 8-1:45
Total signals: 9
Positive signals: 4
Negative signals: 5

The analysis of today's project is, out of every 2signals generated, positive signal is less than 1, while we have more negative signals.

I will say its a very bad result because 9signals is enough to test a working strategy. If I decide to trade just once everyday, this result still gives me a loss after 2weeks (mon-fri)

I will continue test running it till Friday, as time permits, but no more in the open. I don't want to litter this place with charts.

With all the corrections,who is doing ojoro is it WAEC wey mark your paper or you wey no write very well?

I remember my secondary school days if student fail he or she go talk say WAEC dey do ojoro.

malachi2uk:
Accentuate thanks for the corrections, we are all learning and I believe the guy is also learning. I can see that the ministry is moving to its permanent site. We can make here a better place if all the senior traders could come back here like before and share what they have like accentuate.
Cc: Bommaster (Fxisreal), Wapmasta01, Saintfaculty, Teeboy4x, Meritdee, Natruetalk, dagr8, sympathy55, Irabor ETC.
I believe they will come back one day.

@Malachi2uk: The guy is not learning if his ready to learn he will pay attention to the set instructions, I gave him trading plan to follow is digressing just to fault the system. he said it earlier on that all the system posted on this thread are not working as claimed that the so call gurus are hidden somethings.And one thing he fail to realize is that no thread can dash out useful information like this without requesting for money.As for me am given you all the way am using it nothing is hidden and is working for me.

I WISH HIM BEST OF LUCK IN HIS TRADING CAREER!