10/21/2012 The MBFX-ValueChart Challenge – I spent a few days using the MBFX-ValueCharts alongside my ALGOs and found it SUBJECTIVE and pretty much useless to be honest. As with most systems the users try to fit what the market should do with a fixed ideology/set of magic indicators that in combination will have the market […]
There has been a lot of hype about this MBFX-Value Chart method/system. I was asked by a binary options friend to contribute to the system with my ALGO signals. I will be at my parents next week and if I am not out surfing then I will be in here –> BinaryOptions.net Live Chat So if […]
This is the second post in my mini series, I recommend that you read my first post here in order to put this article in context. There are 3 main indicators I use as well as 1 complimentary but useful indicator: 1. ValueCharts: This is a detrended price indicator which tries to show the overbought and oversold […]
11/14/2012 I headline this post with Major Activity, because its major activity for my trading. With the upgrade of my servers/workstations and equipment I now can see and take many more trades. Which you would think wow that is great more money! Ah alas there is a tricky balance here. Yes I can take more […]
Simply put, the profitability factor of a trade is the ratio of how much money can be made versus how much money is lost in that trade. Even though this concept is used to basically describe trading systems, we will adapt this a little to compare the profit factor in the binary options market versus […]
11/09/2012 Both Friday and Thursday were fantastic trading days with only 2 losses out of a total of 12 trades for the two days on ALGO trades. Thursday was a better day as I only took 4 trades all of which were in the money, the only negative is due to family visiting and only […]
11/09/2012 Hey everyone, sorry I haven’t been on much, I’m actually working out of town for two weeks, and I haven’t had too much time to trade. I’ve been working 13 hour days and I will be for 14 days straight. I’ll still post a bit when time allows. Today I will talk about trades […]
11/7/2012 Yesterday offered so many trades or should I call them traps instead? It was an extremely choppy day. I started the day seeing right away it was going to be difficult. I thought the same of tuesday but that turned out to be completely wrong as I was 6 wins 0 losses on that […]
November 7, 2012 I’ve been backed up with outside work lately and haven’t been keeping pace with trading and updating my blog regularly so I do apologize for that. Today, I’ll be sharing a trade that I took way back on October 25 on the EUR/USD. The pair was directionless that day and trend wasn’t […]
11/6/2012 Monday was by no means blue for me. I was a bit off with the daylight savings time that changed, still that did not matter much with such fantastic trading conditions. The whole day day trade after trade I could only keep saying “Like shooting ducks in a barrel.” I had the nice streak […]