In “An ace on the River” Barry Greenstein talks about an important poker concept that is the basis for why you should be interested in trading traditional options as well as Binaries, Forex & Futures. It’s the idea of perfect play vs correct play. If you knew your opponents cards at each point in a […]
Hi everyone, in this article I am going to share with you my trades for today and my trading setups.Today, I took two in the money binary options trades in EURUSD currency pair.They were two risk free trades.Let’s see my trades. As you can see I took two call trades in EURUSD currency pair with […]
One of the most crucial aspects of trading I have learned over the last 8 years is knowing when “to sit on my hands.” Trading isn’t about taking as many positions as possible, but rather it’s about taking high probability trades. Probability plays a big role in trading. You can have the best risk:reward ratio […]
It’s been over one week since I last did any form of trading, binaries or otherwise. Last week I was in the process of initiating myself with a new environment, given that I’m back at university for the new school year. In general, I think it’s always a smart decision to trade only when you’re […]
LHS incentive move downward but no follow through & the chikou does not clear the Kumo. Followed by incentive move through EMAs and Kumo with clear chikou that does hold, resulting in entries. The first two entries are good for 30 to 35 ticks. That’s a pretty big move and the chikou is running into […]
I’m a trend trader. I trade levels, but always within a trend. The vast majority of my trades – Futures, Forex, Binaries or Equity Options – are with trend. Where trend is defined by a combination of the Kumo and a couple moving averages. In my view a reversal is a trend on a smaller […]
Mid to late morning US session – bottom, top & then bottom of Kumo are respected. Incentive break of Kumo & averages, pullback into averages for entry – good for about 10 ticks. Morning Asian session – Incentive move through the averages & into the Kumo. Pullback into moving averages for entry – good for […]
Being my hours on Friday favored the later morning hours, I decided to go back to some stock trading like I did on Monday. I decided to stick with trading only Apple (AAPL), as McDonalds (MCD) wasn’t providing anything favorable to trade set-ups. Also, I opted for their 10-minute expiries today instead of the 30-minuters […]
The yellow line is an incentive move from the Kumo – location is good, Momentum Band twisted, ADX turned trend & chikou is clear. The close of the blue Hammer is a good spot entry. A little consolidation into the Momentum Band is fairly likely though so it’s not a good binary bet. Oval 1 […]
Good day traders, In this article I am going to show you and explain you William % R indicator. This indicator created by Larry Williams and you can use it to identify overbought and oversold areas. As you already know and as I told you many times in many previous articles in an oversold area […]