Hi there, As I mentioned before I use binaries for news trading on US open, when IG have about 7 hours to expiration. I buy cheap binary [about $10] just to sell them around $50, when price will have long run. I don't practise it a lot, I need to ...

Why Binary Forex Options are better than Spot Forex

This week I'm waiting for either breaking up above recent high 1.6662 or below recent low 1.5800. If it will happen during important news I would expect even price to not retrace around that level. If it will be broken during regular activity I will ...

What do I think

You right, and as I watched the market, they moved in very volatile manner BTW I think all stars affect all the life on earth, but we would need to quant all object in universe, not only planets, but also people on the earth, and photons on the ...

Planetary Cycles Trading (EUR/USD)

I make nice trades out of daily binaries when expecting big jumps [over 100 pips on UJ] aronundnew york open, or around 20 pips on UJ an hour befor expiry, when there is some american important speach at that time. Non farm payroll is highly doyable ...

Why Binary Forex Options are better than Spot Forex

It's a hard time when you figure out that there is no gains with no risk. It may get you when last position was looser and you think if it's a good idea to open again It may get you, when last time was looser, and now your position is on a ...

What do I think

It's more and more obvious that something much bigger is on the line. GU goes plainly up as it was not planning to turn back anytime soon, UE retrace from time to time but nothing big downward, as if skyrocketing prices did not generate any sell ...

What do I think

UJ appreciated over 100 pips last night after I posted my long sentiment on this pair. EU raised around 60 pips at the same time, however now it retraces and I'm demo-shorting it from 1.3874. For US news I see opportunity to short EU even further, ...

What do I think

EURUSD outlook — Today European session showed nice plunge on both GU and EU pairs. As Euro seems for me to be more vulnerable to risk aversion I would expect it to firstly retrace and secondly fall maybe even further. Good retracing trigger ...

What do I think

As there was no any extraordinary price action I have closed my GU position with 97 pips gain. The only reason for that is closing position before market close on Friday Here is some analisys of Risk/Reward ratio [also my blog ] In terms of ...

What do I think

Strategy update: — If price will reach 1.5755 [last wing low] I will try to close it with no gains. If it bounce before reaching that resistance, I will move SL to 1.5755 ad then to next swing ow after price will return above new high @ 1.5950 ...

What do I think

My GBPUSD long order was filled in during early European session. I was very good in predicting a bit bigger move down so my 100 pips SL was not triggered. Now when price will break 1.59 I will start to manage this trade by moving SL somewhere ...

What do I think

GBPUSD Is still running up. For tonight I'm leaving buy limit @ 1.5820 with 100 pips SL and sell stop @ 1.5510. The most unexpected what can happen to me is price ranging after retracement to 1.55 PICTURE

What do I think

Have I just said "fake move" yesterday? — Have I just said "fake move" yesterday? Here it goes total reversion to 1.5515 and then bounce to 1.5600 [exactly as I said 50-70 pips from 1.5545]! Now it's good moment for final decision. ...

What do I think

There is a big "but" that is spread you pay as you bought three lots but still you earn only for two. If I were you I woud mail them and ak if they charge spread if you buy or sell to hedge your position. [I'm not sure, but on my demo with FXPro ...

I.G Markets

That's EXACTLY what I meant just about 5 hours ago! As I have no explanation for this move I've closed all my demo position now. Price have some chance to appreciate more, but in other hand there is plenty of room to shadow this at least ...

What do I think

Finally it's time to change my judges. I shouldn't marry my opinion about GBPUSD which I was watching closely recently. I was waiting for price to retrace, as the pair was moving high for too long and too fast to keep up with such a dynamics. There ...

What do I think

That's what I usually do. You can edit your order. More sophisticated way would be open one order [f.e. long] with SL=10 and TP=10 and when it's filled, remove TP and place two pending orders without SL one @ TP=10 and another at TP=20 Whe they got ...

I.G Markets

Tere's new post on my blog: My recent GBPUSD prediction absolutely missed reality. GU decreasd on interest rate, but on friday recoveret strongly. Daily chart however does not look hat bad... more...

What do I think

I'd like to add my penny [sorry if it's all already said ] Base for S/R level is in my opinion reasoning: "If last time price bounced from this point, why should this time be different?" In other words, what is a guarantee that this time there ...

Can anyone explain resistance and support?

There's new commentary on my blog here: url Apart of market reality I think that recent price action is driven by psychology. My new idea is that there is a bunch of traders that just become less aware of reality because of reality did not gave ...

What do I think