Binary options Huge profit potential

[LosPinos]

Hey all,

Just saw your posts, I am a massive binaries fan. I use them a lot whilst trading my own book.

I use two companies both UK based as I'm in Europe one is a tailored towards the betting market the other is a regulated financial institution so I have safety of funds and have a lot more money deposited with them

IGindex binary bets is a platform I use to speculate small amounts on.

PYXmarkets I hold larger cash and trade larger clips as this gives me the ability to build the trade I want for the return I want, upto 2000% per day.

[bowlerjim]

Hi Samneos,

I'm happy this system is working for you. Just remember, It is better to miss a good trade than take a bad one.
I have started using this system as a scalper as well. Scalping is not the type of trading I do. I have always been a long term tech. trader with trades lasting about 24 to 48 hours however this scalping system has given me a way to make pips while I wait for the larger trades to set up.

Best Regards
Jim

[samneos]

Hi Jim,

Sorry, another question.
I found out that when the line of zigzag indicator already point the apex (lets assume down) candle, if the price continue to moving down after a few candle, the zigzag line will re-point. If I strait enter the trade when the first apex candle form, then it will be a lose trade. You get what I means? Do you have any solution for this?

samneos

[bowlerjim]

Hi Samneos,

Never take a trade on ZigZag lead candle. You don't know where the bottom is till the next candle. This is why we wait for the diveration to form.

Jim

[samneos]

Hi Jim,

How are you?
I still demo your system. By the way, do you have special value setting for the zigzag input?

samneos

[bowlerjim]

Hi Samneos,
No, I have never tried to alter the settings with Zig Zag.
By the way, I started using this system to scalp the market on the 5m and 15m charts. It seems to work very well so far. It's good for grabbing 20 - 35 pips and I use a 12 pip stop loss. So far it has been running at a 88% win rate. 35 trades and only 4 losing ones.
Good luck & trade what you see.
Jim

[samneos]

Hi Jim,

I already trade Forex for around 2 years and loss a lot of money. I will continue later but at this moment, I want to concentrate on binary option and hope can success like you. As you know, I only trade Asia and London session. I do not looking for divergence to enter the trade (as you mention before because of the low volatile). The big problem I found is the zigzag always give me the false signal (apex candle) to enter the trade and lead to lose trade. I already avoid the apex lead candle. Is it any advice?

samneos

[bowlerjim]

Hi Samneos,

If you find that you are having a lot of losing trades try looking for the RSI divertion on the 5m chart to set up. Also, try adding CCI to your chart setting period to 23. This will give you a third indicator to look for a divertion on.

I hope this helps you.
Jim

[samneos]

Hi Jim,

Beside divergence, is it got any other indicator or method can be use to reinforce the apex candle show by zigzag?

samneos

[bowlerjim]

Hi Samneos,

CCI will show a divergence as well as RSI but there is no other indicator that I know of to tell me when you have the apex candle. Watch the indicators to let you know when to get in. Trade what you see.

Good luck
Jim