Volatility is cylclical. Long binary call with strike 1.35674 and expiry 9:40 (London) @ 19.8. Half of the positon closed at 51 the rest expired out-of-money. Some kind of put could be bought for downside protection.

Following the big money

You have to choose very carefully your broker for binary options. Most people treat the binary options as a type of gambling. Actually the professional poker players are one of the most disciplined peopel in the world. They also apply very strict ...

Following the big money

Long binary call @ 10.7. Strike 1.60767, expiry 8:20 London time. Half of the position closed at 29

Following the big money

Stopped.

Following the big money

An attempt to capture the first leg after the London open. Position was open in two parts. Stop is 5.5 pips (the spread of GBP/USD is a little bit larger).

Following the big money

I'll make short video about the options basics. There is a misunderstandig of the options trading and in particular about the binaries. Probably if I wasn't risk manager I would never know taht much about options.

Following the big money

Last part stopped at BE. Last few days volatility is depressed further. Binaries provide better trading opportunities, but in this case no expiries were available.

Following the big money

Stop @ BE

Following the big money

Classic STE. Stop 3p. Only spot positon.

Following the big money

GBP/USD is performing just great today. Unfortunately I understated this and missed another good entry. STE at 20 EMA at 9:06 London time. This could be traded with a 20 minutes Ladder or even with e spot position. Waiting for the next pullback.

Following the big money

You could trade the same set up (test of 200 EMA) with a spot position at 1.6041 and initial stop at 1.6033. You can compare this with the options position and make the conclusions.

Following the big money

GBP/USD settles at 1.60475

Following the big money

The price is currently 90, but my initial strategy was to cover the costs and leave the rest until the expiry.

Following the big money

Long 20-minutes call @ 7. Strike 1.60464. Expiry 9:00 London time. Half of the positon closed @17

Following the big money

During low liquidity conditions binary options provide better R/R ratio. Instead of buy at spot you can buy 20-minutes Leader. This is option woth European barrier. In this case the option could be bought at 15 pips and closed at 60, after GBP/USD ...

Following the big money

Last Friday was great for trading GBP/USD. Varoius types of STE set ups. Hope my English is no so awful. video

Following the big money

This STE off 100 EMA could be traded with a short spot position @ 1.3620. Initial stop 5 pips. The other option was to buy a 20-minute binary put with strike 1.36157 and expiry after 10 minutes. The price of the option during the test of 100 EMA was ...

Following the big money

Excellent point davidb. Most of the traders think in terms of probability, but much more important is the expected value (expectation, mathematical expectation). This is the most important part of the MM which includes RR as well as the probability ...

reward to risk ratio

Don't blame the binary options. They are just a financial instrument. If you choose the right broker they are OK.

reward to risk ratio

MM is based on very simple math. If you trade with 1/1 RR you should have 50% winning trades just to break even.

reward to risk ratio