The first five minutes of the NY session is an incentive move down, taking momentum from strong positive to strong negative. Followed by a stall at roughly 1/2 back and an incentive entry at the close of the next candle coincident with a rejection of the momentum indicator (cci) zero line. Expectation is to […]
I started watching the USD/CHF at around midnight EST. Immediately the first price level that jumped out at me was the 61.8% Fibonacci retracement. This was the major 61.8% Fib (relevant to the price move 0.70675-1.06387) that has been showing up on a regular basis in the USD/CHF. In fact, this was the eighth consecutive […]
On Monday, I broke from my normal routine of trading 15-minute expiries from the 5-minute chart in favor of “60-second” binary options. For one, I simply felt like breaking things up a bit for my own enjoyment. And two, I know that many traders are into this fast-paced alternative, as it’s now offered by many […]
Thursday’s USD/CHF market was basically insipid the entire morning before U.S. jobless claims data were released. In total, I was only able to find one set-up that I felt was worth taking. Between the times I watched the market (3:00AM-8:30AM EST), the USD/CHF strictly traded in only about a twenty-pip range. It reminded me a […]
Three standard entries and several opportunities for insight into the nature of the Kumo. At the LHS is a standard Kumo break that defines the beginning of a trend. I’ve marked levels on the way up that are likely to be significant should price reverse relatively soon after the climb. Notice how the Kumo reflects […]
Just like on Monday, my Fibonacci retracement lines and pivot points definitely helped a ton in trading the USD/CHF. I started watching the market around midnight EST as price was coming down from the daily pivot point. The first two hours were pretty uneventful. The market doesn’t move much between 12AM-2AM EST since neither the […]
Good Day Traders, Two trades for me today.Both of them were in the money, both of themwere solid trades with solid setups. You know, there are some setups you are so sure about them and they give you risk free trades. Ichimoku Kinko Hyo many times can you give you setups like theese if you […]
Monday turned out to be a really good trading day and I got a lot of help from the only technical indicators that I use for binary options trading – daily pivot points and Fibonacci retracements. When I started watching the pair around 2:30AM EST, the USD/CHF was in an uptrend after consolidating around the […]
Hallo Traders, Today like yesterday I didn’t catch the Forex options, they were not available when I sat in front of the monitor, so I took my trades in indices again, in Dow Jones this time, 60 seconds trades. I had a good 3/3 ITM which is nice, I am trying to choose only the […]
Hallo Traders, I took two ITM trades today and I am going to share my setups and my trades with you. I traded Nasdaq 100 contracts with 60 seconds expiry.Look at my trades. As the rest of my 60 seconds trades I spent more time to watch and analyze the market about 10-15 minutes and […]