June 24, 2014 Due to the insipid early-morning activity on the EUR/USD, I began looking at five-minute charts of a few other currency pairs and eventually settled on observing the GBP/JPY, which appeared to be in the midst of providing a good trade set-up. So I scrapped the euro-dollar for the day and went with […]
The EUR/USD was in a downtrend for Monday morning. It made about a forty-pip down move, spanning three pivot levels. (Also, before I move on I should say that I don’t have any idea what that solid yellow line is doing on my chart. I deleted all my drawings and it wasn’t a Fibonacci retracement […]
As I stated in my last post, I am trading at Boss Capital at the moment. I do like how you can obtain an 85% payout for an in-the-money trade. That’s really as low as I prefer to go with binary trades in terms of payout percentages. Having a lower break-even percentage is nice. At […]
June 17, 2014 Previously, I enjoyed trading at 24option until they closed down for United States residents. Then I went with TradeRush for a long while after that. But now that TradeRush is also closed to U.S. customers, I’ve decided to go over to Boss Capital for the moment. It seems to be a popular […]
Hello! I am very happy to return back to my blog for at least these next couple months. For those who have followed me in the past, you know that I’m a college student and therefore my academics unfortunately get in the way of being able to trade and update my blog here. But many […]
I am a college student and started trading seriously back in 2010, so what I would like to do is put together a post for the younger traders out there as general advice based on my experience, including things I would do over again if I could could go back in time. This is geared […]
So while all the strategy posts, and articles on money management, trading psychology, brokers, trading software options, indicators, and so forth might provide the foundation to getting yourself personally set up in the trading business, the main question that everybody should be applying to themselves is, can I actually trade binary options for a living? […]
I wasn’t able to trade the final two days of last week (which probably wasn’t a bad thing because the market didn’t look very amenable to solid trade set-ups anyway). But I did want to share a couple things I saw just from looking at the five-minute chart of the USD/CHF, the asset I typically […]
When I first began trading, I had a really lousy trading strategy that I picked up from somewhere on the Internet. It involved using three indicators – MACD, stochastic oscillator, and simple momentum indicator – to make trades. When all three indicators would match up in the downward direction at the top of the chart, […]
Binary Options Trading for January 16, 2014 As I’ve mentioned to some extent in recent posts, one of the best things you can do to help your trading is to focus on a specific asset. Choose a specific asset, a particular charting timeframe, a time during the day to trade it, and a certain trade […]