Also at the top of this page i have placed a poll, if you can choose one of the two options i will be able to know who wants to learn some more techniques and if it is worth me posting it on here for you guys, cheers !!
hi DenhamTrader, thank u for ur quick response. i m having problem registering there. the country list and other list options are not showing. seems like some problem with the site.
yes i’m not a fan of these indicators either, good old fundamental trading has done me well over the years and im loving it that you guys are all making money from this thread as well, share the wealth i say !!!
[B]yes, i tried in chrome and opera both. which browser u r using?[/B]
very weird, i am using safari on MacBook Pro, maybe speak with them on live chat and they will set it up for you if your computer is experiencing problems.
so this is where it is happening…all this time I’ve been posting in this thread—>> (free-forex-trading-systems/65735-binary-options-trading-group) and this is where its happening… nice work guys looks good… Mr DenhamTrader i like your style .
just a small introduction. im not a full time trader yet. my trading style is similar to that of DenhamTrader not as in depth though. slowly learning the trade and gaining experience and my mission at the moment is getting my consistency up, putting more effort into my trading and keeping profits. hopefully i will be able to add some value to this thread.
happy trading.
Welcome Shaun I am learning fundamental trading also. I would value any input you have for this group. This looks like a pretty knowledgeable group.
Hi denham trader, thanks for starting a great thread and your valuable insights. I only recently ventured into trading and started with binary options due to them being more simplistic. I have been mainly testing the waters on technical which I haven’t quite mastered yet. Last night was the first time I traded the news based on this thread and happy to say was itm for oil. Thanks again. I will definitely be following and will add any posts if I find a good option. Cheers
Hi Denham Trader, I have a question if you don’t mind are the Binary king accepting US Clients? are they save for US clients? thank you! BTW great thread!!
I know some of you were asleep at the time. But did you see the AUD price jump at the good news that came out at 8:30 PM CST(my time)? I intended to trade that but was busy and missed the report. I wished I have took the trade now.
Yep texastrooper, I was keeping watch on it and unfortunately jumped on it too late, mainly because the price was moving so fast and every time I tried to enter the trade I would get the message saying price had changed. By the time it accepted the price had peaked. I should have just left it then because the horse had bolted so to speak - lesson for me for next time if the trade doesn’t accept early then just leave it. I will be watching again in a months time.
I know what you mean. Been there. The profit takers after the big candle brought the price down. Looks like a hour long trade would be ITM. Of course, I can say that by watching the price with no money involved. I think the trick to this trading is finding the right expiry time.
In my experience over the past couple weeks, I get in the trade within the first 5 mins after the news release. Then I take the 30 min option. I only lost one out of 10 so far. ( not counting the two that I misread what the news release actually meant).
This thread was an AMAZING find for me. All the other groups that I traded with stayed out of the market during news.
TRADE ALERT: Bank of England (BOE) monetary policy committee members vote on where to set the rate. Traders watch interest rate changes closely as short term interest rates are the primary factor in currency valuation.
A higher than expected rate is positive/bullish for the GBP, while a lower than expected rate is negative/bearish for the GBP.
TRADE ALERT: The six members of the European Central Bank (ECB) Executive Board and the 16 governors of the euro area central banks vote on where to set the rate. Traders watch interest rate changes closely as short term interest rates are the primary factor in currency valuation.
A higher than expected rate is positive/bullish for the EUR, while a lower than expected rate is negative/bearish for the EUR.
It is highly unlikely that the interest rate decision on these two separate banks will change but if they do it will be a huge trading opportunity. If the interest rate goes up it will mean the economy is getting stronger.
TRADE: GBP\USD 12:00 LONDON GMT
TRADE: EUR/USD 12:45 LONDON GMT
AMOUNT: $1250
OPTION: 15-30 MINUTES
Definitely keep a close eye on this one, there will be another TRADE ALERT to follow.
Glad to have you own here and look forward to your contributions keep an eye out for the next trade
Hi hvalentio good to have you on here
Im not to sure but if they don’t there is an app on google chrome called ZENMATE which will let you change your IP address so it looks like you are in the UK etc, My Japanese friend told me about it and uses it because if the tight regulations inb Japan.
TRADE ALERT: Initial Jobless Claims measures the number of individuals who filed for unemployment insurance for the first time during the past week. This is the earliest U.S. economic data, but the market impact varies from week to week.
A higher than expected reading should be taken as negative/bearish for the USD, while a lower than expected reading should be taken as positive/bullish for the USD.
TRADE: GBP/USD
AMOUNT: $1000
OPTION: 15 MINUTES
This report may not have a high importance but the three reports together will have a big enough effect to move the market, if the report is mixed then i will be waiting 5 minutes until i purchase an option to see what way the markets are moving.
Anybody else going to be jumping on this?
Binary Option [B]Trading[/B] has become commonly available, entrance barriers for individual traders have been dropped; individuals can trade binary options without any middleman or brokerage firm, as well as eliminating the high costs that were associated with options trading.
and how would you do this without a brokerage firm? and what high costs are associated with option trading when the firms you trade through do not charge?