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srmfx replied Nov 14, 2013Today the major event is Janet Yellen's testimony url Daily options volatility is higher. Large expiries and barriers at 100 for USD/JPY Large expiry at 1.3500 for EURUSD url
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srmfx replied Nov 13, 2013Stop @ BE. Market is moving in slow motion. Quote reading shows no major buyers or sellers.
Following the big money
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srmfx replied Nov 13, 201315 minutes nothing happens. Second part closed, stop at -3 pips.
Following the big money
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srmfx replied Nov 12, 2013When you treat binary options as a financial instrument you can have an edge. This is one of the best set ups - test of round number support. If I was trading spot the largest profit was 4 pips. Now you can calculate yourself. The trick is that when ...
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srmfx replied Nov 12, 2013Risky STE. Risk is fully covered. One losing binary trade at EUR/USD 200EMA. 8 pts loss
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srmfx replied Nov 12, 2013Bias is to the downside,but short squeeze possible. Large 1.3350 expiry today. Gamma related bids around 1.3350. Dallas Fed president Richard Fisher said that "QE won't last forever". This could support the USD. Much more interesting will be the ...
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srmfx replied Nov 12, 2013That's what I was talking about yesterday. You can trade STE and any other strategy with options, whether it is binary or plain vanilla. You just have to pick the right strike and expiry. Yes, it is not as easy as it seems, but gives an edge. FX ...
Following the big money
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srmfx replied Nov 11, 2013I prefer to call it options trading. There is huge difference. STE set ups are also working but the targets are much smaller. Binaries let me trade with leverage that compensates the smaller targets. The trick is that I have to pick the right expiry. ...
Following the big money
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srmfx replied Nov 11, 2013Today US markets are closed and liquidity is lower than usual. Binary options are best for such conditions. I bought a binary call with 1.33692 strike and expiry after 2 minutes. The payout was 80%. This sounds pretty good, but actually I was ...
Following the big money
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srmfx replied Nov 10, 2013Absolutely, most traders fail because they try to beat the market or guess where will be EURUSD after 1 month. The most complicated about trading is that it is pretty simple. Just by or sell and manage the risk.
Trading Without a StopLoss
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srmfx replied Nov 9, 2013After the massive sell off Non-Commercials net long position decreased. Data as of 11/05.
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srmfx replied Nov 8, 2013Years ago all the orders were filled with zero slippage. The initial reaction after NFP was 100 pips. Some data for GBP, NZD, CAD and AUD could easily give 40-50 pips profit almost every time. Currently 20 pips reaction is pretty good. If you have ...
Slippage explained