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Re: BINARY OPTIONS TRADING STRATEGY & IDEAS

RplusT, Fri Apr 07, 2017 5:57 pm

Hi Sal,
you are focused too much on the channels instead of PA. On the 1 M of course  changes are faster but 5M up it can stay in place for hours.

I don't trade FX on 1 m but just look for retracements into the space between the solid and the dotted line and a decent slope and go for a 3 or 5 m BO in direction of the 5 M candles. Works pretty well as the momentum is there.

On other TFs look for a re-entry into the space between the dashed lines and trade that. Always in the direction of the PA  and higher TFs. No counter trades for me.
Thus the channels are just for giving a sense of direction of the PA following the higher TF candles. And I'm not going to search for more. Channel crosses can only be traded as a signal if those do not repaint.
I've got the sync.filters. They do repaint as well as the arrows only indicate that the PA has re-entered the channel. I've got a set up somewhere in combination with the TMA.If I find it, I will post it.
Looks like the thread has turned away from BO a bit.

Here is a IM chart for BO trades.
 

Here's a 15M for FX trades. Of course, if you see straight moves on  5 or 15 M you can always think of a BO trade too.
I usually look at 15M and trade those on 5M. Channels are pretty much in place.

 
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