In my previous post I set up a vertical spread in SPY at end of day 8/12, the leftmost highlighted day on this chart. If you look back to the risk graph of either vertical you’ll see a line at 171, that’s because I want to be able to hedge most losses up to that […]
I have been meaning to start up a forex trading blog for quite some time. I’ve received several requests over the months over how I approach forex, and it comprises the bulk of my trading efforts. Over the course of several posts, I hope to lay out my ideas with regards to trade examples (similar […]
Strategically an Equity Option Position is similar to a long term Binary Option that you can exit or adjust at any time. The value of the position changes over time in a predictable way that can used to fit your market view so that you have a position that will be profitable & easy to […]
Good Day traders, In this article I am going to explain you a very simple but effective system from which you can make a sure profit using binary options. I use this strategy sometimes, mainly when we have news realises. Where is the problem with news realises? The market always is makes the big move […]
Hi everyone, Many traders, especially the new traders, have problems to understand support and resistance levels and many times wonder why a support couldn’t keep the price up or a resistance couldn’t keep the price down. First of all, support and resistance levels are important levels and we can take some information from the price […]
This morning the AUD/USD demonstrated an important point about how price interacts with the ichiMoku system. RHS there is an incentive reversal move, looking for a pullback to enter. The highlighted Blue & Green candles in the center look like a good spot – the chikou is just breaking free, the EMA cloud is still […]
In “An ace on the River” Barry Greenstein talks about an important poker concept that is the basis for why you should be interested in trading traditional options as well as Binaries, Forex & Futures. It’s the idea of perfect play vs correct play. If you knew your opponents cards at each point in a […]
Hi everyone, in this article I am going to share with you my trades for today and my trading setups.Today, I took two in the money binary options trades in EURUSD currency pair.They were two risk free trades.Let’s see my trades. As you can see I took two call trades in EURUSD currency pair with […]
One of the most crucial aspects of trading I have learned over the last 8 years is knowing when “to sit on my hands.” Trading isn’t about taking as many positions as possible, but rather it’s about taking high probability trades. Probability plays a big role in trading. You can have the best risk:reward ratio […]
It’s been over one week since I last did any form of trading, binaries or otherwise. Last week I was in the process of initiating myself with a new environment, given that I’m back at university for the new school year. In general, I think it’s always a smart decision to trade only when you’re […]