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Binary Options Strategy


mandiki

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  • 3 weeks later...
I'm currently trading on a demo account with Forex Binary One Touch options, using only a currency meter and an RSI Histogram (mostly only looking at the currency meter)...When I see the strength go 80% or better in one direction, I quickly open a one touch trade as long as the target (which is usually only 6-11 pips away) is 10 pips or more away from 1HR support and resistance. Working very well so far, on a 500$ demo account I made $2800 in an hour and a half. Since it was demo I was increasing my trade size quickly, on a live account I'll only be doing $25 each trade...The winners definitely outweigh the losers as long as you correctly ride with the momentum of the current trend, I'm using 30 minute contracts. If this keeps up it's bye bye spot forex for me, it would take me a year to be able to make $100-$300 a day with current USA forex leverage on a small account. I'm just tired of having a nice trade go into profit and only wind up breaking even or hitting stop losses, and this is way more fun. ;)
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  • 2 weeks later...
  • 2 weeks later...

This post is for GoodVibrations, I got your PM but I don't have enough posts to reply, but here is what I'm currently trying :

 

Hey G.V., i'm still trying strategies on a demo account. I like the "one touch" options the best, price only has to touch the target one time in a 30 minute period. I'm using the "Synergy" system default template on 15 minute timeframe, monitoring all pairs that the broker (24Option) offers for One-Touch trading. I like Synergy because every 15 minutes that a signal is still valid, it gives a fresh arrow. If the arrow is red or blue and the price is outside of the "range factor" box, I take a touch trade in that direction with a 30 minute window to expire. They only offer touch options during London and US sessions which is good, there's a lot of oportunities each day. So far I've been winning more than losing and my balance is rising each day, some days more than others. Still experimenting but so far I really like it, hope that helps!

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  • 2 months later...

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