Jump to content


Next High Impact Market News Event:
Retrieving events...


Toggle shoutbox The Traders Chat Open the Shoutbox in a popup

@  ivanencinas : (21 November 2019 - 04:12 AM) hello guys
@  walo : (20 November 2019 - 01:59 PM) I see volumes are really low market is moving slow
@  walo : (20 November 2019 - 01:58 PM) The site keeps blinking reloading and reloading, even in any Chrome or Safari is the same
@  Abdul777 : (20 November 2019 - 02:24 AM) I absolutely agree with Mr Singh! Here the message will get lost and most of the users won't even see such ooportunity. :)
@  Singh : (19 November 2019 - 02:59 PM) and Hello everyone
@  Singh : (19 November 2019 - 02:59 PM) @singu Why not post it in a thread so all can benefit, cant understand the purpose of PM.
@  singu : (19 November 2019 - 09:12 AM) Hi guys..i'm giving away my strategies. PM me if interested. i'm NOT asking for money.
@  traderpusa : (17 November 2019 - 03:10 AM) Ned has arisen from the death lol
@  neddihrehat : (16 November 2019 - 11:16 PM) Yeah people sometimes mistakes Shout for Search. :P
@  teknews : (14 November 2019 - 03:24 PM) ups...is not search :) haha :)
@  teknews : (14 November 2019 - 03:24 PM) pt pro_fx
@  kalc : (13 November 2019 - 01:34 PM) :) :) :)
@  nkotb6 : (13 November 2019 - 12:15 PM) Happy green pips!
@  wags : (13 November 2019 - 07:46 AM) whassup girls
@  nkotb6 : (13 November 2019 - 01:57 AM) :lol:
@  Tripack : (12 November 2019 - 01:02 PM) :D
@  kalc : (12 November 2019 - 05:52 AM) :ph34r:
@  kalc : (12 November 2019 - 05:52 AM) top right fellas, top right...
@  lecharn : (11 November 2019 - 08:14 PM) hubba hubba
@  traceydexmon : (09 November 2019 - 02:27 PM) second

Photo

Heterodox Idea for Trading 3pm Daily Binaries


  • Please log in to reply
56 replies to this topic

#1 charlesl

charlesl

    Member

  • Members
  • PipPip
  • 194 posts

Posted 21 October 2019 - 07:20 AM

The idea:

 

1.  Trade daily 3pm expiry on AUD/USD, EUR/USD, GBP/USD, USD/CHF.  

2.  At 4:01pm EST, do some quick analysis to determine which of the four currencies to trade and which direction.

   2a.  Determine the level of each currency at 7am, 12pm, 3pm based on the published settlement data at Nadex (https://www.nadex.com/market-data).

   2b.  Select a direction based on the following rules:

 



#2 charlesl

charlesl

    Member

  • Members
  • PipPip
  • 194 posts

Posted 21 October 2019 - 08:13 AM

Let's try that again....

 

The idea:

 

1.  Trade daily 3pm expiry on AUD/USD, EUR/USD, GBP/USD, USD/CHF.  

2.  At 4:01pm EST, do some quick analysis to determine which of the four currencies to trade and which direction.

   2a.  Determine the level of each currency at 7am, 12pm, 3pm based on the published settlement data at Nadex (https://www.nadex.com/market-data).

   2b.  Select a direction based on the following rules:

          2b.i If the 12pm level is greater than the 7am level and the 12pm level is greater than the 3pm level, we want to BUY the daily 3pm strike directly below the 3pm level.

          2b.ii If the 12pm level is less than the 7am level and the 12pm level is greater than the 3pm level, we want to SELL the daily 3pm strike directly above the 3pm level.

          2b.iii If the 12pm level is greater than the 7am level and the 12pm level is less than the 3pm level, we want to SELL the daily 3pm strike directly below the 3pm level.

          2b.iv If the 12pm level is less than the 7am level and the 12pm level is greater than the 3pm level, we want to BUY the daily 3pm strike directly below the 3pm level.

3. Look at the prices of the selected strikes.

    3a. On a long trade, if the price of the strike is less than or equal to $55, enter immediately.

    3b. On a short trade, if the price of the strike is greater than or equal $45, enter immediately.

4.  Re-examine trades not matching the criteria specified in 3a and 3b.

    4a.  If the trades rejected include only AUD/USD and USD/CHF, then don't take the trades.  Otherwise, if the trades are in "agreement", take the trades at the current price.

     4a.i "Agreement" means the remaining currencies are coherent.  For example, if the trades rejected due to price are EUR/USD and USD/CHF and the direction on the EUR/USD is long and the direction on the USD/CHF is short, those trades are in agreement.  (If EUR/USD really does go up, we expect USD/CHF to go down).  Or as another example, if the rejected trades include EUR/USD and GBP/USD and AUD/USD and they are all long trades, then we take the trades.

 

So, the analysis on these trades is looking at what happened during the current trading day from 7am to 3pm.  The trades themselves won't expire until 3pm the next trading day.  In other words, the trades will expire 23 hours later.

 

Some recent examples.  The columns are trade expiry date, instrument, 7am level, 12pm level, 3pm level, direction, strike, expiry level, contract price at 4:01pm

 

2019-09-27 eurusd 1.09303 1.09381 1.0929 long >1.092< 1.094  50.75
2019-09-27 gbpusd 1.23426 1.23424 1.23286 long >1.232< 3pm 1.22902  53.00
2019-09-27 usdchf 0.9944 0.99285 0.99306 short >0.994< 3pm 0.99041  46.50
 
2019-10-15 audusd 0.67535 0.67687 0.67741 short >0.678< 3pm 0.67741 0.67536 0.67437 0.6787 1 no_skip 37.00
2019-10-15 eurusd 1.1031 1.1027 1.10307 short >1.104< 3pm 1.10307 1.10353 1.09934 1.10438 1 no_skip 26.25
2019-10-15 gbpusd 1.2556 1.25952 1.2577 long >1.256< 3pm 1.2577 1.2783 buy 49.25
2019-10-15 usdchf 0.99541 0.99716 0.99697 long >0.996< 3pm 0.99697 0.99874 0.9971 0.9989 0 no_skip buy 75.00
 
 
In the first example, we see that each trade was entered right away because the two long trades were less than or equal to $55 and the short trade was priced greater than or equal to $45.
 
In the second example, only one trade was entered right away.  The GBP/USD long trade was priced less than or equal to $55.  The other three trades required some further analysis due to the contract prices.  Since the three trades are in "agreement", meaning that AUD/USD, EUR/USD were short trades while USD/CHF was a long trade.  Since that represents a coherent position, we take the trades.
 
Some days there aren't any trades.  Consider this example:
 
2019-10-08 usdchf 0.99448 0.99478 0.99477 long >0.994< 3pm 0.99477 0.99372 62.50
2019-10-08 eurusd 1.09782 1.09838 1.09736 long >1.096< 3pm 1.09736 1.09557 70.50
2019-10-08 audusd 0.67368 0.6741 0.67318 long >0.672< 3pm 0.67318 0.67273 72.75
2019-10-08 gbpusd 1.23311 1.23213 1.22992 long >1.228< 3pm 1.22992 1.22171 64.00
 
Each trade is first rejected on price.  The longs are priced greater than $55.  We then go to secondary analysis.  The trades are not in agreement.  EUR/USD, GBP/USD, and AUD/USD are predicting long trades, but USD/CHF is also predicting a long trade.  Overall, the trades are not coherent.
 
Why 4:01pm EST?  The daily 3pm expires (obviously) at 3pm.  The 3pm daily expiry for the next day becomes available for trading at 4pm.  Waiting a minute ensures that strikes are fully setup and the pricing is in place.
 
So, that's the whole idea.  I'm going to trade it going forward and see what happens.  I've put $500 in the account which is probably the bare minimum given the total maximum risk.  $1000 might make more sense.  We'll see.  
 
EDIT:
 
We really have two periods we are looking at:  the movement from 7am to 12pm and the movement from 12pm to 3pm.  There's
just four possible ways the currency can move in those periods.  We use that movement to select trades expiring the next day.

1. 7am to 12pm higher and 12pm to 3pm higher => SELL the next daily strike above the 3pm level.
2. 7am to 12pm lower and 12pm to 3pm lower => BUY the next daily strike below the 3pm level.
3. 7am to 12pm higher and 12pm to 3pm lower => BUY the next daily strike below the 3pm level.
4. 7am to 12pm lower and 12pm to 3pm higher -> SELL the next daily strike above the 3pm level.

 



#3 charlesl

charlesl

    Member

  • Members
  • PipPip
  • 194 posts

Posted 21 October 2019 - 03:16 PM

Today's 7am, 12pm, 3pm levels:

 

21-OCT-19       Binary          Intraday    AUD-USD      AUD/USD >.6914 (7AM)                     10/21/2019 07:00 am               .68755            0 100
 
21-OCT-19       Binary          Intraday    AUD-USD      AUD/USD >.6904 (12PM)                    10/21/2019 12:00 pm               .68665            0 100
 
21-OCT-19       Binary          Intraday    AUD-USD      AUD/USD >.6906 (3PM)                     10/21/2019 03:00 pm               .68647            0 100
 
21-OCT-19       Binary          Intraday    EUR-USD      EUR/USD >1.1210 (7AM)                  10/21/2019 07:00 am               1.11625            0 100
 
21-OCT-19       Binary          Intraday    EUR-USD      EUR/USD >1.1190 (12PM)                  10/21/2019 12:00 pm               1.11449            0 100
 
21-OCT-19       Binary          Intraday    EUR-USD      EUR/USD >1.1190 (3PM)                  10/21/2019 03:00 pm               1.11463            0 100
 
21-OCT-19       Binary          Intraday    GBP-USD      GBP/USD >1.3038 (7AM)                  10/21/2019 07:00 am               1.29813            0 100
 
21-OCT-19       Binary          Intraday    GBP-USD      GBP/USD >1.3022 (12PM)                  10/21/2019 12:00 pm                1.2981            0 100
 
21-OCT-19       Binary          Intraday    GBP-USD      GBP/USD >1.3022 (3PM)                  10/21/2019 03:00 pm               1.29684            0 100
 
21-OCT-19       Binary          Daily       USD-CHF      USD/CHF >1.0040 (7AM)                   10/21/2019 07:00 am                .9854            0 100
 
21-OCT-19       Binary          Intraday    USD-CHF      USD/CHF >.9882 (12PM)                    10/21/2019 12:00 pm               .98656            0 100
 
21-OCT-19       Binary          Intraday    USD-CHF      USD/CHF >.9889 (3PM)                     10/21/2019 03:00 pm                .98555            0 100
 
Based on the above, and with the Nadex pricing as of 4:01pm, we have the following potential trades:
BUY AUD/USD > 0.6860 @ 65.00
SELL EUR/USD > 1.1160 @ 34.00
BUY GBP/USD > 1.2960 @ 52.00
BUY USD/CHF > 0.9840 @ 75.00
 
Applying the procedure, we have only one trade to enter immediately based on price: BUY GBP/USD > 1.2960 @ 52.00.
The other three trades require further analysis.  We note AUD/USD and EUR/USD are not in agreement.  AUD/USD is a long, EUR/USD is a short.  So, we reject all three trades.
 
The one trade in GBP/USD will expire in 23 hours at 3pm EST on October 22.


#4 yarik19

yarik19

    Member

  • Members
  • PipPip
  • 150 posts

Posted 22 October 2019 - 04:15 AM


Today's 7am, 12pm, 3pm levels:

21-OCT-19 Binary Intraday AUD-USD AUD/USD >.6914 (7AM) 10/21/2019 07:00 am .68755 0 100

21-OCT-19 Binary Intraday AUD-USD AUD/USD >.6904 (12PM) 10/21/2019 12:00 pm .68665 0 100

21-OCT-19 Binary Intraday AUD-USD AUD/USD >.6906 (3PM) 10/21/2019 03:00 pm .68647 0 100

21-OCT-19 Binary Intraday EUR-USD EUR/USD >1.1210 (7AM) 10/21/2019 07:00 am 1.11625 0 100

21-OCT-19 Binary Intraday EUR-USD EUR/USD >1.1190 (12PM) 10/21/2019 12:00 pm 1.11449 0 100

21-OCT-19 Binary Intraday EUR-USD EUR/USD >1.1190 (3PM) 10/21/2019 03:00 pm 1.11463 0 100

21-OCT-19 Binary Intraday GBP-USD GBP/USD >1.3038 (7AM) 10/21/2019 07:00 am 1.29813 0 100

21-OCT-19 Binary Intraday GBP-USD GBP/USD >1.3022 (12PM) 10/21/2019 12:00 pm 1.2981 0 100

21-OCT-19 Binary Intraday GBP-USD GBP/USD >1.3022 (3PM) 10/21/2019 03:00 pm 1.29684 0 100

21-OCT-19 Binary Daily USD-CHF USD/CHF >1.0040 (7AM) 10/21/2019 07:00 am .9854 0 100

21-OCT-19 Binary Intraday USD-CHF USD/CHF >.9882 (12PM) 10/21/2019 12:00 pm .98656 0 100

21-OCT-19 Binary Intraday USD-CHF USD/CHF >.9889 (3PM) 10/21/2019 03:00 pm .98555 0 100

Based on the above, and with the Nadex pricing as of 4:01pm, we have the following potential trades:
BUY AUD/USD > 0.6860 @ 65.00
SELL EUR/USD > 1.1160 @ 34.00
BUY GBP/USD > 1.2960 @ 52.00
BUY USD/CHF > 0.9840 @ 75.00

Applying the procedure, we have only one trade to enter immediately based on price: BUY GBP/USD > 1.2960 @ 52.00.
The other three trades require further analysis. We note AUD/USD and EUR/USD are not in agreement. AUD/USD is a long, EUR/USD is a short. So, we reject all three trades.

The one trade in GBP/USD will expire in 23 hours at 3pm EST on October 22.


Today we have loss trade?

#5 charlesl

charlesl

    Member

  • Members
  • PipPip
  • 194 posts

Posted 22 October 2019 - 05:45 AM

Today we have loss trade?

 

The trade is still running.  It expires at 3pm EST today, October 22.  Once the trade executes, there is no management of the trade.  It will run until expiry resulting in either a win or a loss.



#6 yarik19

yarik19

    Member

  • Members
  • PipPip
  • 150 posts

Posted 22 October 2019 - 07:11 AM

The trade is still running. It expires at 3pm EST today, October 22. Once the trade executes, there is no management of the trade. It will run until expiry resulting in either a win or a loss.


Sorry, didn't notice EST time zone.

Can you provide more screenshots/pictures in advanced? Thank you.

#7 charlesl

charlesl

    Member

  • Members
  • PipPip
  • 194 posts

Posted 22 October 2019 - 12:06 PM

There isn't much to see visually.  The data that is needed is on the Nadex website in the Market Data section.  There is a downloadable results PDF.  That's where the expiration values of the four currencies at the 7am, 12pm, and 3pm times can be found.   The data is available by 3:30pm which is half an hour before the time to enter the trades, if any.  From there, just follow the procedure to determine which trades to take and put in the trade.



#8 charlesl

charlesl

    Member

  • Members
  • PipPip
  • 194 posts

Posted 22 October 2019 - 03:52 PM

October 22: GBP/USD (Loss)

 

Overall Win % : 0

Profitable Days %: 0

Account Balance: $447

 

October 23:

Levels (7am, 12pm, 3pm)

AUD/USD levels - .68617, .68633, .68532

EUR/USD levels - 1.11423, 1.11379, 1.11237

GBP/USD levels - 1.29607, 1.29481, 1.28805

USD/CHF levels - .9884, .98898, .98899

 

Based on the above we have a long AUD/USD > .6840, a long EUR/USD 1.1120, and a long GBP/USD > 1.2880, and a short USD/CHF > ,9900.

 

 

Pricing at 4:01pm:

AUD/USD > .6840 @ 82.75

EUR/USD > 1.1120 @ 63.75

GBP/USD > 1.2880 @ 57.00

USD/CHF > .9900 @ 36.00

 

Based on the pricing, we can't take any of the trades immediately since they involve more than the allowed amount of risk (buying > $55 and selling < $45).  Secondary analysis shows that all the trades are in agreement (longs on AUD/USD, EUR/USD, GBP/USD, short on USD/CHF).  That being the case, all 4 trades are valid and we enter at the indicated prices:

 

AQ8LEGR.png


  • Singh and hobbyt3 like this

#9 charlesl

charlesl

    Member

  • Members
  • PipPip
  • 194 posts

Posted 23 October 2019 - 02:34 PM

October 23: USD/CHF loss, AUD/USD win, EUR/USD win, GBP/USD win

 

Overall Win %: 60

Profitable Days %: 50

Account Balance: 472.50

Daily Balance Change: +25.50

 

October 24:

Levels: (7am, 12pm, 3pm)

AUD/USD - .68377, ..68468, .68522 (potential SELL > .6800)

EUR/USD - 1.11068, 1.11175, 1.11286 (potential SELL > 1.1140)

GBP/USD - 1.28618, 1.28853, 1.29075 (potential SELL > 1.2920)

USD/CHF - .9906, .99071, .99058 (potential BUY > .9900)



#10 charlesl

charlesl

    Member

  • Members
  • PipPip
  • 194 posts

Posted 23 October 2019 - 05:09 PM

9C3BKhv.png



#11 Singh

Singh

    Member

  • Members
  • PipPipPip
  • 989 posts
  • LocationToronto,Canada

Posted 24 October 2019 - 08:28 AM

Hey Charles, this look interesting. You said you will take trades which are closer to $55/$45 in short which are costing you $55 or less and have potential profit of $45 but so far all the trades you opened are at higher risk and for that reason you have lose money even though you have won 3 trades out of 5. If you stick to your risk of $55 I think this might work out for you but if you continue with current risk style this probably is not gonna work well over long period. I think you should do a pending order of your desired strike price instead of going in at current price. Just my two cents. Regards, Singh

"The game taught me the game. And it didn’t spare me rod while teaching."
- Jesse Livermore

 

My Youtube channel for trading videos -  https://www.youtube....user/mindpl4y3r


#12 charlesl

charlesl

    Member

  • Members
  • PipPip
  • 194 posts

Posted 24 October 2019 - 10:31 AM

Hey Charles, this look interesting. You said you will take trades which are closer to $55/$45 in short which are costing you $55 or less and have potential profit of $45 but so far all the trades you opened are at higher risk and for that reason you have lose money even though you have won 3 trades out of 5. If you stick to your risk of $55 I think this might work out for you but if you continue with current risk style this probably is not gonna work well over long period. I think you should do a pending order of your desired strike price instead of going in at current price. Just my two cents. Regards, Singh

 

The rules allow for trades of greater risk.  If the trade is risking $45 or less, then I take the trade right away.  If the trade has more than $45 of risk, then I only take the trade if all the higher risk trades involved are "in agreement".  It just so happens that according to the rules, the trades taken so far fall under the higher risk category.  This won't happen all the time.

 

I have considered doing exactly what you've said.  Putting in a pending order to guarantee no more than $45 risk can be both positive and negative.  On the positive side, if the order is filled, then the trade will be more profitable.  On the negative side, you might miss out on some trades because you don't get filled.  I am actually running this experiment using both a live account (the trades posted here) and a demo account.  In the demo account, I am setting the pending orders for $45 risk as you describe.  As I look at the demo account right now, I see that the AUD/USD > >.6860 short trade never got filled at 45.  Meanwhile, in the live account, the trade did get filled.  

 

So, for the moment, I'm just going to stick to the rules outlined in the first second post.



#13 charlesl

charlesl

    Member

  • Members
  • PipPip
  • 194 posts

Posted 24 October 2019 - 02:22 PM

October 24: USD/CHF win, AUD/USD win, EUR/USD win, GBP/USD win
 
Overall Win %: 7/9 = 77.7
Profitable Days %: 2/3 = 66.6
Account Balance: 630.25
Daily Balance Change: +157.75
Overall Return %: 26
 
October 25:
Levels: (7am, 12pm, 3pm)
AUD/USD - .68345, .68165, .68227 (potential SELL > .6840)
EUR/USD - 1.11284, 1.10975, 1.11091 (potential SELL > 1.1120)
GBP/USD - 1.28926, 1.28098, 1.28655 (potential SELL > 1.2880)
USD/CHF - .99045, .99236, .99197 (potential BUY > .9900)
 
Actual trades will be determined by contract prices at 4:01pm according to the rules.

  • hobbyt3 and Chosen3000 like this

#14 charlesl

charlesl

    Member

  • Members
  • PipPip
  • 194 posts

Posted 24 October 2019 - 03:25 PM

hM8fT4H.png



#15 charlesl

charlesl

    Member

  • Members
  • PipPip
  • 194 posts

Posted 25 October 2019 - 02:14 PM

October 25: USD/CHF win, AUD/USD win, EUR/USD win, GBP/USD win
 
Overall Win %: 11/13 = 84.6
Profitable Days %: 3/4 = 75
Account Balance: 695.75
Daily Balance Change : +65.50
Overall Return %: +39.1

  • Singh, hobbyt3 and Chosen3000 like this

#16 Chosen3000

Chosen3000

    Member

  • Members
  • PipPip
  • 353 posts
  • LocationEarth

Posted 25 October 2019 - 07:22 PM

Ok...so which is which? Sell or Buy???

 

2b.ii If the 12pm level is less than the 7am level and the 12pm level is greater than the 3pm level, we want to SELL the daily 3pm strike directly above the 3pm level.

 

2b.iv If the 12pm level is less than the 7am level and the 12pm level is greater than the 3pm level, we want to BUY the daily 3pm strike directly below the 3pm level.



#17 charlesl

charlesl

    Member

  • Members
  • PipPip
  • 194 posts

Posted 25 October 2019 - 11:15 PM

Yeah, you found a mistake in the way the rules were written.  Here's another shot at it that hopefully simplifies them.
We really have two periods we are looking at:  the movement from 7am to 12pm and the movement from 12pm to 3pm.  There's
just four possible ways the currency can move in those periods.  We use that movement to select trades expiring the next day.

1. 7am to 12pm higher and 12pm to 3pm higher => SELL the next daily strike above the 3pm level.
2. 7am to 12pm lower and 12pm to 3pm lower => BUY the next daily strike below the 3pm level.
3. 7am to 12pm higher and 12pm to 3pm lower => BUY the next daily strike below the 3pm level.
4. 7am to 12pm lower and 12pm to 3pm higher -> SELL the next daily strike above the 3pm level.

Those are the basic rules.  We enter right away based on the rules for $55 or less on a buy or
$45 or more on a sell.  All the potential trades that don't fit within those prices are grouped
together and analyzed for "sanity", meaning that we only take them if they are predicting a complementary
moves in each currency.  

 

For the October 25th trades, the USD/CHF position was the application of rule 3 (higher, lower => buy the contract below the 3pm level), the AUD/USD, EUR/USD, and GBP/USD positions were all the application of rule 4 (lower, higher => sell the contract above the 3pm level).  However, because the pricing was outside of the range ($45/$55, sell/buy), we took the trades at the market price only after checking that they were all "in agreement".  AUD/USD, EUR/USD, GBP/USD were predicted to fall while USD/CHF was predicted to rise.  Overall that is a coherent prediction. 

 

All the trades posted conform to the rules I have tried to describe since the first post.  Translating what is easy to see with the eye sometimes gets muddled when you try to describe it in words.
 


  • Tripack likes this

#18 Tripack

Tripack

    Trader

  • Moderators
  • 2,514 posts

Posted 26 October 2019 - 05:33 AM

1st (2nd) post edited. Thx !



#19 cjsun791

cjsun791

    Member

  • Members
  • PipPip
  • 45 posts

Posted 26 October 2019 - 10:39 AM

I look up my otm 5 minute binaries on the daily bulletin and Nadex doesnt have them on there. interesting

Attached Files



#20 charlesl

charlesl

    Member

  • Members
  • PipPip
  • 194 posts

Posted 26 October 2019 - 12:05 PM

I look up my otm 5 minute binaries on the daily bulletin and Nadex doesnt have them on there. interesting


It's because you are looking in the wrong place. I was able to find that trade on page 180 of the October 25, 2019 Time and Sales fPDF in the Market Data section. You probably looked in the October 24th data because the trade execution date is October 24th as shown in your screenshot. However, the Nadex business day starts at 6pm EST on the previous day. It means that the trade executed at calendar date October 24th but Nadex views it as happening on their business date October 25. You will notice that column 1 of the Time and Sales PDF is Business Date. Column 2 is Execution Time.

By the way, if this system turns out to be profitable (too early to say), one good thing about it is that it is self-verifiable. In other words, the rules are straightforward and not open to interpretation. The levels are based on published data available on the exchange website, so no interpretation there either. There's no charts to look at where two people can look at the exact same picture and come to completely different conclusions. And you can look at the time and sales data to see that the trades posted here by me actually happened as shown in the screenshots by me. The only variability that exists in the system is the part where you check the contract prices at 4:01pm. Two people might have looked at the currencies in a different order. The price that person 1 sees for AUD/USD might be different than the price seen by person 2 who was looking at GBP/USD first before looking at AUD/USD. Person 1 might take the AUD/USD trade because the price is at $55. Meanwhile, by the time person 2 looked at it, it was priced at $58 and so secondary analysis kicks in and the remaining trades are incoherent so person 2 stays out of the trade. That's the only difference I can see might happen between two different traders trying to follow the rules to the letter.




0 user(s) are reading this topic

0 members, 0 guests, 0 anonymous users


USA REGULATION NOTICE: There are many binary options companies which are not regulated within the United States. Most of these offshore companies are not supervised, connected or affiliated with any of the regulatory agencies such as the Commodity Futures Trading Commission (CFTC), National Futures Association (NFA), Securities and Exchange Commission (SEC) or the Financial Industry Regulatory Authority (FINRA).

It is our STRONG opinion that you do not operate with any unregulated brokerage firm as they may steal or try to scam you out of every dime you have. Please take notice that any unregulated trading activity by U.S. Citizens should be considered unlawful.

Risk Disclosure: Binary Options Edge does not accept any liability for loss or damage as a result of reliance on the information contained within this website; this includes education material, price quotes and charts, and analysis. Please be aware of the risks associated with trading the financial markets; never invest more money than you can risk losing. The risks involved in trading binary options are high and may not be suitable for all investors. Binary Options Edge doesn't retain responsibility for any trading losses you might face as a result of using the data hosted on this site. The data and quotes contained in this website are not provided by exchanges but rather by market makers. So prices may be different from exchange prices and may not be accurate to real time trading prices. They are supplied as a guide to trading rather than for trading purposes.