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@  traderpusa : (10 September 2019 - 01:35 AM) that was my bmw lol. E60.
@  Monoaldo : (10 September 2019 - 01:34 AM) E60
@  manfloy : (09 September 2019 - 11:12 AM) well said.
@  traderpusa : (09 September 2019 - 11:07 AM) at least for the moment, china will hold back because of economic conditions. My guess is they want to involve PLA but simply are not in a position to do so for the moment.
@  traderpusa : (09 September 2019 - 11:05 AM) well, regardless of any agreement between uk and europe, there is still nato is trump doesn't blow it up lol
@  manfloy : (09 September 2019 - 11:04 AM) I am really worried about HK if the PLA phase in this can interrupt the entire chain between FX liquidity and current import / export countries. I understand that we have a bunch of corporations exposed to China, now believe that 99 percent of them are stable in HK because they have a high law. If the PLA gets in, they'll substitute this economic centre with a singapore.
@  manfloy : (09 September 2019 - 11:04 AM) Yeah, they're really a very significant player. I am informed that there is also a lot more than economic, for instance there are a number of military agreements agreed between the GB and the EU, which is serious.
@  traderpusa : (09 September 2019 - 11:02 AM) the UK being part of the EU GDP figures, but not part of the Euro only makes things a bit complicated on how to interpret numbers for trading purposes.
@  traderpusa : (09 September 2019 - 11:00 AM) of course one needs to focus on US being the biggest economy but UK is still up there. https://gyazo.com/42...39df1c7c58d9221
@  manfloy : (09 September 2019 - 10:56 AM) I'm focused on the US, so I don't spend so much on the GB, I'm supposed to study it well since 2015, but something has altered worldwide, literally, it's an enormous step in the world's liquidity and global system, modifications are nice, but they're really colorful.
@  manfloy : (09 September 2019 - 10:56 AM) thanks good reading
@  traderpusa : (09 September 2019 - 10:53 AM) As to China, read this over the weekend : https://apnews.com/6...f75f013bf54e6a9
@  manfloy : (09 September 2019 - 10:51 AM) Spectacular indeed lol, this is huge to be honest
@  traderpusa : (09 September 2019 - 10:47 AM) it's gonna be interesting. MP's are leaving the sinking ship and now also Bercow has resigned. Gonna miss this guy lol
@  traderpusa : (09 September 2019 - 10:46 AM) https://gyazo.com/58...16d785753060ff0
@  manfloy : (09 September 2019 - 10:44 AM) I am very concerned about GBP, I have decided to leave until the government is making some definite deals on the Brexit. I'm not a supporter of uncertainty.
@  manfloy : (09 September 2019 - 10:42 AM) US It is expected to rebound until new years, because the season is coming and everyone is ready for new year revenues.
@  manfloy : (09 September 2019 - 10:41 AM) China is underwater now, and I can't even define how starving they are for dollars. Their imports fell significantly last quarter. They're trying to stimulate again, but I don't think it should work out, more than: we're back to the 2014/2015 situation. The issue with the Chinese central bank cutting off the supply of cash, the issue that they are not diversified around the world.
@  manfloy : (09 September 2019 - 10:41 AM) https://gyazo.com/25...967a0945fa48037
@  traderpusa : (09 September 2019 - 01:49 AM) Trump should wake up and tweet something lol

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MY 25 k Nadex demo account


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39 replies to this topic

#21 cjsun791

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Posted 01 August 2015 - 02:47 PM

w1b6hrn.jpg



#22 cjsun791

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Posted 01 August 2015 - 02:54 PM

nh3LQHF.jpg


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#23 cjsun791

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Posted 01 August 2015 - 02:59 PM

so for that trade risk was $288 for a potential return of  $512 not bad for a binary.  also did an ATM strike which I could post I guess



#24 cjsun791

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Posted 01 August 2015 - 03:08 PM

mzwTAaO.jpg



#25 cjsun791

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Posted 01 August 2015 - 03:10 PM

http://i.imgur.com/0ZTeNXR.jpg here is an ATM trade. I sually set a pending order to get out at $6 sell or $96 for a buy but I must have forgot
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#26 cjsun791

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Posted 01 August 2015 - 03:16 PM

next week i will post a pic of a losing OTM trade. As you can see OTM trades are complicated alot of components have to align for the trade to be successful, but the Risk/Reward is the advantage. Forex has the volatility which is needed for this type of trade. Also, my ATM trades enter the market at 8p.m. , but the majority of the pending orders are filled while im at work the following day. Demo trading the spreads didnt go very well so i will just stick to Bins, if im going to do a nadex spread at this point ive come to the conclusion its easier just to do a regular spot trade with Oanda as their is no advantage to having the time element involved with Nadex with that type of trade, in fact it makes it harder as sometimes the trade would unfold after expiry. imho

#27 cjsun791

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Posted 01 August 2015 - 03:51 PM

This strategy is based mostly on the fact that I am not able to sit in front of the charts all day like some traders... I would like to be able to trade london/ new york live everyday but its not practical at this time with my work schedule..Also going to test a ITM strategy on demo next week ,R:R isnt there but ill give it a shot

#28 cjsun791

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Posted 01 August 2015 - 04:54 PM

One more thing before I forget, Nadex like regular options have premium so I beleive its some where between 30%-50% into the
expiry before the bid ask starts to resemble the underlying indicative price a little better. which is why my OTM pending

orders have a better chance of being filled after 3-5 a.m. hope this helps...
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#29 Chronos24

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Posted 03 August 2015 - 07:13 PM

Thank you for the updates and explanations! Much appreciated. 



#30 wth102

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Posted 05 August 2015 - 03:07 AM

ah gotcha. so you only use bbands to indicate price moving down/up?



#31 cjsun791

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Posted 05 August 2015 - 02:29 PM

Price Action more or less incorporated with the Bollis and fundamentals, Also throw that Support/ Resistence indi on there that David has here on BOE, if price is hitting the bollis and strong support/ rersistance all the better, heres a screenshot of todays trade..

#32 cjsun791

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Posted 05 August 2015 - 02:37 PM

http://i.imgur.com/Rf43fL9.jpg


probably done trading for the week, or if a nice setup presents itself lower my risk to .5%


http://i.imgur.com/e08T3A8.jpg
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#33 aaronjns77

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Posted 31 December 2016 - 01:45 AM

same strat? this is honestly gold



#34 cjsun791

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Posted 01 September 2019 - 12:41 PM

Back to Nadex after  a few years of trading regular forex. It was a valuable experience, but i prefer the structure of the binary product over spot.  Here is a screenshot of some live 5 minute binarys with a couple hourlys also. The spread trade shown was just a trial and a -$8 loss. 5 minute expirys take alot of concentration and focus , although I have been doing well may end up focusing on 1hr- daily expirations and building a strategy around  7/11 a.m. and 3 p.m. expiry. These trades were taken off from a 10 second chart using market orders only, hence  the varying bid/ask for each trade. Generally try to stay $18 minumum sell and $80 or better for buys....

 

 

 

 

 

 

Attached File  Screenshot - 9_1_2019 , 1_16_06 PM.png   366.2KB   0 downloads


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#35 Chosen3000

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Posted 01 September 2019 - 06:53 PM

Back to Nadex after  a few years of trading regular forex. It was a valuable experience, but i prefer the structure of the binary product over spot.  Here is a screenshot of some live 5 minute binarys with a couple hourlys also. The spread trade shown was just a trial and a -$8 loss. 5 minute expirys take alot of concentration and focus , although I have been doing well may end up focusing on 1hr- daily expirations and building a strategy around  7/11 a.m. and 3 p.m. expiry. These trades were taken off from a 10 second chart using market orders only, hence  the varying bid/ask for each trade. Generally try to stay $18 minumum sell and $80 or better for buys....

 

 

 

 

 

 

attachicon.gifScreenshot - 9_1_2019 , 1_16_06 PM.png

 

Hello, I also trade Nadex, Love it... Can you share your strat for 5 min exp???



#36 cjsun791

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Posted 01 September 2019 - 08:15 PM

  I basically identify a bullish or bearish impulsive move and wait for a corrective pattern to form , once a pattern (rising channel/ consolidation) is recognizable I wait for CCI divergence  and take a trade in the direction of original impulse, usually a 2 pips ITM strike if i can get it. I can post a chart  possibly later . the 10 second chart does give the sensation of trading a days worth of price action in 5 minutes . like I mentioned have been getting away from it some because its a bit intense, but I use the same strat on the 15 min chart for longer expiries..



#37 Chosen3000

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Posted 02 September 2019 - 02:51 AM

  I basically identify a bullish or bearish impulsive move and wait for a corrective pattern to form , once a pattern (rising channel/ consolidation) is recognizable I wait for CCI divergence  and take a trade in the direction of original impulse, usually a 2 pips ITM strike if i can get it. I can post a chart  possibly later . the 10 second chart does give the sensation of trading a days worth of price action in 5 minutes . like I mentioned have been getting away from it some because its a bit intense, but I use the same strat on the 15 min chart for longer expiries..

 

Yes please post chart, thanks



#38 cjsun791

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Posted 03 September 2019 - 09:24 PM

Yes please post chart, thanks

 

Here is a EURGBP 2hr expiry taken off the 15 minute chart. Trade closed after an hour ,EG tends to move slow, but this is the basics of this Price Action setup (recognizing impulses and corrections coupled with cci divergence) pretty simple and happens repeatedly in the market..

Attached Files


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#39 cjsun791

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Posted 03 September 2019 - 09:31 PM

 usually try and get a 20 pip ITM strike if I can and hold it,  that way I have some breathing room ,but EG isnt volatile enough for the Market makers to  create that kind of Bid/Ask. I did take a GJ buy at the same time as this trade as well and closed out early in profit . I have a higher time frame indi that I had coded to help identify trend but I have some time and coin into it so not sure yet if I wanna post.wel see either way really dont need it just need to be able to read price action


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#40 cjsun791

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Posted 04 September 2019 - 09:39 PM

Heres a vid of a 5 minute trade on the 10 sec chart 

 

 

 

https://www.loom.com...405b256631779df


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