BINARY OPTION (RANDOM INDEX ENTRIES)

there is no need of indicators, these are trendline rejection, just know how to plot it and you wait for reject before you pull the trigger, I trade 30 seconds to 5 minutes and I use 1 minute to do all my analysis

WEEKLY ANALYSIS FROM 29 SEPT TO 4 OCT 2013

When I was trying to do my analysis for the week, I came notice the setup on these pair AUDJPY and CADJPY, these pairs broke their support at 91.63 and 95.49 respectively, with candlestick formation on weekly, this pair is going to fall seriously for weeks, if you are a long term trader, target will be next weekly support.....

7 Concept of a good trader recognition.

A good trader don't need to shout and make noise about his/her trading system. A good trader should not make noise by making up any aggressive marketing. A good trader should talk less. A good trader should not deceive and tell lots of fake lies. A good trader should not enforce anyone to bring money to come and trade Forex. A good trader should stand under the umbrella of truth and faithfulness. A good trader should allow his/her success to speak for his/her self.(Anyone who show interest in trading for a career,will come for you and not forcing anyone to bring money to trade).

PRICE ACTION VS INDICATORS

I must say, after an year of trading with indicators, I have now decided trade without them. I have tried 8-10 indicators if not a hundred but I have researched and practiced extensively with them, and did everything I possibly could to make them work. Finally, I gave up. I'm not saying they don't work, they just don't work for me. For me, indicators lead to illusions, i.e. setups that don't exist. But I also must say the experience I gathered so far with methods that don't work, is valuable to me. I believe it's not enough to know what works for someone, it's also important to find out what doesn't. One might argue that he or she believes exactly the opposite regarding the usage of indicators, and that's also fine... whatever works; it doesn't have to be price action

EURAUD buy mode

EURGBP setup

this is a good gartly pattern, it shows that the price has been rejected from fibo 0.786, we see more up, if we look at weekly analysis, the up is going to go far

FOREX WEEKLY ANALYSIS

EURUSD

EURUSD pushed higher last week broken resistance at 1.3220, we expect the price to be our support, if 1.3220 hold and we see a good setup, we buy till 1.3400

Some months back I told one of my student that he should watchout for GBPUSD at 1.6000/1.6300, I think the time of that price has come, we look to buy at deep, we have a broken resistance that turned to support at 1.5721, if this place is tested and hold we buy and hope for 1.6000 and 1.6300, we can add more to the trade at any pullback

AUDUSD Pushed higher last week and it was rejected at 0.9300 resistance any break of this price we lead to big buy, any break of 0.9220 we sell to new low at 0.8850

RANDOM INDEX

THIS TRADE WAS LOSS BECAUSE OF THE SIDE MARKET, UPPER BLUE LINE OR LOWER BLUE LINE MUST BE BROKEN BEFORE WE CONFIRM THE DIRECTION OF THE TREND

Forex vs Binary

This is Binary Option light chart analysis

EURUSD

EURGBP Entry

EURGBP signal

EURAUD entrys

all the 3 indicators must be the same, for buy all the three indicators must be green and for sell it must be red

BINARY OPTIONS ANALYSIS

SECRET OF FOREX AND BINARY OPTIONS

It is no secret that the Forex market can be a very profitable place to be if you want to make money by trading currencies. However, it is also no secret that achieving consistency within the Forex market requires a lot of preparation (you need education and reliable trading tools) because not only you need to have a good idea of where the price is about to move, but also how far it is going to go. For instance if you are trading the EUR/USD pair and you decide it is a good idea to go long, you would place a "buy" order, because you are expecting the price of the Euro against the dollar to go up. If you placed your trade using 1 mini lot (this equals $1 profit for every pip), and your target for that trade is 30 pips, you would need to have at least $1,000 in your account to meet margin requirements and allow some room for drawdown, and if the trade is successful you will make $30 in profits. However, in order for this to happen the price of the Euro has to move 30 pips against the dollar, otherwise you will not reach the intended target and realize the profits. As you can see, if you trade the Forex market using the traditional approach you will have not only to predict where the price is going, but also how far it is going, which simply makes it twice as difficult. Now, if you have $1,000 in a binary options trading account, what would you need in order to place a successful trade, and moreover, what kind of profits a successful trade would deliver for you? In order to answer this question, let us assume that the price of the EUR/USD is at 1.47849 and based a given analysis of the market (e.g. swing trading pattern recognition) you think that the Euro is trending up against the Dollar. In this case you would go long as well, but instead of placing a "buy" order for currency, you would simply buy a $100 call option for the EUR/USD pair with a 1 hour expiration. If you are right and the price goes up, even if it is only 0.001 pip above the price you purchased your call option (which is the strike price), and it remains there or above until expiration, you would get as much as 75% return on your $100 investment. In other words, a single $100 trade could easily deliver $75 in profits and you could repeat this process several times during the day. But the remarkable thing here is that you did not need the price to go up 30 pips in 1 hour to get a 75% return on your investment, you only needed 0.001 points of variation to achieve this. In this scenario you certainly had to determine in what direction the price was going to move (this is usually an ingredient of the trading process) BUT your forecast did not have to take you all the way to a 30 pips increase in the price in order for you to make get the expected return, because you got it with just 0.001 points of variation, and you made $75 instead of $30. Also, you can open a binary options account with only $100 and you can trade with as little as $30 with no commissions charges. So as you can see, the potential of Forex trading through binary options is huge and the process is far simpler thus increasing your chances for profitable trades, however, you do need to have a sense of where the market is going. Provided that you have this, you are likely to make take far more winning trades than losing ones and a lot more money as well.