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Hey crodzilla,

 

Im gonna get my account set-up with a broker,what do you think of betonmarkets??

 

Keep up the updating on how your getting on with this as it will help to evaluate the system over a period of time.

 

I loved BetonMarkets. I'm in the USA, so I'm locked out of my account now. They won't deal with us now because of the stu-pid politicians passing those stu-pid finance laws.

 

They have many different types of options... I loved the No-Touch. Just like trading Condors in the futures market...

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Hi All

 

I trade with VantageFX which has recently included binaries in there trading platform so I have BOB on their mt4 charts as well

 

Yesterday I started a demo account with $2000 balance now is 2577.69

 

I traded $100 positions made a couple of mistakes and made a Put instead of a Call but over all a good day

 

Trades 27

wins 17

Loss 9

BE 1

 

GBPUSD W 3 L 1

GBPJPY W 3 L 2

EURUSD W 4 L 2

EURJPY W 4 L 1

EURGBP W 2 L 1

AUDUSD W 0 L 2 BE 1

USDJPY W 1 L 0

 

Today I have added AUDJPY, NZDUSD

 

How I traded was when I got a short term alert I just placed the trade whether there was 15 mins or 5 mins to go

Edited by outcast
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Hi All

 

I trade with VantageFX which has recently included binaries in there trading platform so I have BOB on their mt4 charts as well

 

Yesterday I started a demo account with $2000 balance now is 2577.69

 

I traded $100 positions made a couple of mistakes and made a Put instead of a Call but over all a good day

 

Trades 27

wins 17

Loss 9

BE 1

 

GBPUSD W 3 L 1

GBPJPY W 3 L 2

EURUSD W 4 L 2

EURJPY W 4 L 1

EURGBP W 2 L 1

AUDUSD W 0 L 2 BE 1

USDJPY W 1 L 0

 

Today I have added AUDJPY, NZDUSD

 

How I traded was when I got a short term alert I just placed the trade whether there was 15 mins or 5 mins to go

 

Awesome outcast!!

 

Thanks for that info about VantageFX. Do they take USA customers? (I went to their website... that's a NO to USA customers... freaking politicians)

Edited by crodzilla
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I know, it is very cool. With all the binary cr-ap that is being sold out there, I think this is definitely worth buying, so far.

 

I'm starting my morning off very good... puts on the EURUSD.

 

YEP....this is me so far today with a small live tester with betonmarkets

 

http://i45.tinypic.com/15fsox4.png

 

 

Also peeps.....what kind of moneymanagement are you employing for this.....

Edited by lgeorge
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Awesome lgeorge. It is quite amazing...

 

My EURUSD put about to expire in the money...!!! I'm loving BOB.

 

Awe cr-ap. Made a mistake. Gold came up long term put. But I put it in TR as 30-min put... darn.

I wanted to try some of these longer term (higher probability) trades.

Edited by crodzilla
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If the strike rate can stay at even 60-70% over the longer term then sound money-management should make this very interesting...

Heck...traders have even been profitable with a strke rate of 30-40% because the money-management was sound.....

 

I think we should bounce ideas about proper money-management coz MM is the holy grail :)

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Pretty quiet this morning, in the NY Session. I have only had 2 short term signals. My EURUSD put was a winner, and my GBPUSD put looks to be a winner here shortly. Oh well, I'd rather be winning high probability trades than losing in a stagnant market. BOB is awesome!
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On a side note, the Gold Long Term short was at 1300 GMT @ 1690.31. Its a 4-hour duration binary with 88% probability. I actually don't have that 4-hour binary in TR, so I won't trade it. The closest I have is 21:00.

 

The Long Term signals get marked on the chart, which I like. I wish the short term signals were marked as well.

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Well, I guess there will be no more signals today, for the NY session. I would have been 2 for 2, so far today, if I hadn't of screwed up the Gold trade. Oh, well. Invested $30, got back $36.20. Still a 20% ROI.

 

oops, not so fast... just got a put signal for EURUSD...

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Ok, in a stunning flurry of signals... naw, just the EURUSD put and a EURJPY put. The EURJPY was a nail-biter. I thought sure it was going to lose, but in the last 5-min till expiration, it took a nosedive to expire in the money.

 

Another brilliant day for this indicator. 43% ROI. BOB is a buy, in my opinion.

 

If I hadn't of screwed up the GOLD order, it would have been a perfect day!!!

 

http://www.mftimer.com/TR-22Jan13.jpg

Edited by crodzilla
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Agree with you about the manual,another good day for you crodzilla :)

 

Thanks, lgeorge.

 

About MM. I'm trying to stay to 5% of account positions. I'm at the point now that I can move to $12 and $13 positions. Early on when I lost a position, I almost convinced myself that I should martingale the next position, as a long term strategy. I do not think that would be smart. If this ROI stays consistent, a ramp up of an account of $200.00, as I am doing, will be swift. I'm not going to do those calculations yet. I'm excited enough about this recent windfall into my account.

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Thanks, lgeorge.

 

About MM. I'm trying to stay to 5% of account positions. I'm at the point now that I can move to $12 and $13 positions. Early on when I lost a position, I almost convinced myself that I should martingale the next position, as a long term strategy. I do not think that would be smart. If this ROI stays consistent, a ramp up of an account of $200.00, as I am doing, will be swift. I'm not going to do those calculations yet. I'm excited enough about this recent windfall into my account.

 

I agree,i think 5% is ok whilst evaluating the robustness of the system,and keeping in mind that the strike rate can

change over a longer period of time,also,the risk % should be able to handle a losing 'streak' without denting your account too much....

Work in progress....lets see where it takes us.........good trading.

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BOB Producing Confusing Signals

 

Today BOB is producing contradictory signals. It "changed its mind" few minutes after opening the trade on a couple of pairs spitting out alerts in the opposite direction.

 

So I guess it'd be better waiting at least 5 to 10 minutes before entering the trade to make sure the signal is solid and never take signals lower than 80-85%. It would also help taking a look at Investing.com to check if the general trend for the chosen pair matches BOB signal. For instance, I got a 45 min PUT alert on AUD/USD when the trend on Investing.com is Strong Buy for all the T/F. :-/

 

http://www.investing.com/technical/technical-summary

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Today BOB is producing contradictory signals. It "changed its mind" few minutes after opening the trade on a couple of pairs spitting out alerts in the opposite direction.

 

So I guess it'd be better waiting at least 5 to 10 minutes before entering the trade to make sure the signal is solid and never take signals lower than 80-85%. It would also help taking a look at Investing.com to check if the general trend for the chosen pair matches BOB signal. For instance, I got a 45 min PUT alert on AUD/USD when the trend on Investing.com is Strong Buy for all the T/F. :-/

 

http://www.investing.com/technical/technical-summary

 

Yep..i noticed that happened to me yesterday but when i was in one direction and it flagged the opposite i just ignored it...

Im testing with a small live account but i think the moneymanagement needs to give back more than the 88% im getting for my

options,because i think it will go thru a string of losers,maybe we just been lucky:) but we should adjust the MM plan so we can ride the losers....

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