So far, it looks like the negative usd news overpowered the negative cad news. I took a call at first on usd/cad and saw the price start to drop, so I took a bigger put position to cover the call. It is itm so far…
put strike at 1.09176, expired itm at 1.09165
I jumped in on EUR/CAD at the Negative CAD News and took a bloody PUT by mistake !!! It only ended ITM
This is too much like gambling to me , need more technical info for better results in Binary in my opinion or have more info to trade with !
ITM on that one and counteracted the US news as well, due to the CAD news being poor and the US mixed i favoured the CAD and was ITM, this is why a 30 minute option is more secure because the two currencies looked like they were at war with each other.
So did you take a USD/CAD Put after the spike up ?
I took 30 min expiry on both options. The conflicting news created a tough read on price direction.
I just won a 30 call on gold after the housing data release on USD. Rossioli clued me in on gold movements, thx buddy!
Tomorrow brings us two opportunities that look good to me. There are no other currencies that are having a news release at the same time as these to interfere with the trade.
I blew out on A Usd/Cad trade, was a bit impulsive
All looking good with positive USD news so went in with a GOLD Put , we shall see !!
Phew !! ITM luckily
I jumped into a USD/CAD trade that I should have passed on. But I shorted gold and made my money back just now.
Yeah same mate
Another technical trade ITM today. I will be trading gold on USD news in the morning 8:30 am (New York time)
May 27, 0831:04 GOLD STRIKE=1276.82 EXPIRY= 1277.48 May 27, 09:00:00
ITM Long Gold
ditto
By the skin of our teeth !!
Hey Amishbuggy , can you say what Indy`s & settings you are using in your charts and explain entry process , are you entering a trade at S & R levels and when price reaches outer bands? did you mention to me that was Bryan Mac system {Cog Indy) ? thanks
It is Bryan’s Trading Axis system that I bought from him. You look for confluence of multiple signals. S/R, outer bands of COG, and overbought/oversold levels on the VC at the bottom. It is good for ranging markets, but not good for trends.
Ok thanks , I`ll skype him , No News today !
Sooooooo, anybody trading oil, besides me, today?
Denham, do you trade anytime other than the news?
Hi Amish. I just joined trading axis with bryan 2 days ago. How are you getting on with it?
Yup I`m in Oil trade in a bit , missed Negative USD News at 3pm GMT was good for a GBP Call 30 min