From The desk of Trader Ed : Hello Fellow Traders, Well, here we are again, over one year later. But, you know what? It is 10 times harder to create an easy options trading system than it is to create a hard, complicated, confusing, excess multiple indicator laden system that resembles a Christmas tree.
This new 5 minutes expiry system will satisfy the more experienced trader but also is well within the realm of the newer trader that with no offense intended, we call newbies.
Not to be bragging but if you have never experienced one of my binary options trading systems, you are in for a treat. So without any further ado, I still stubbornly believe that a pic is worth a words if not a lot more. Dollar : First couple Of Hours Of The New York Session As you can see in the above image, I have indicated some of the terms for the benefit of the newbies.
Next, we line up our cross-hairs current signal bar and follow it down to the Turbo 5 CW confirming window. In the window, you will notice that the Turbo 5 gold indicator line leads the present signal bar by two going forward. It is a very leading price action confirming indicator. If it is heading down as it is in this first trade to the left example, we prepare to enter our binary options 5 minute trade as quickly as possible at binary opening of the next bar.
For you newbies that might not be very familiar with using the bar chart, looking at the bar straight on, the horizontal protrusion on the left of the bar is the opening and the one on the right of the bar is the closing of the 5 options period. Of course the highest part of the bar is the high for the 5 minutes and the lowest part is the low.
Bear in mind, that none of the white lines or the magenta markings are part of the system, they are just for illustration purposes. Dollar Three more winners during the same session with something I will explain on the first trade on the left, a put trade signal. We lined up our cross-hairs but we see the confirmation line for the next bar is going to be heading up so we wait for the next bar.
We line up our cross-hairs on the next bar and see binary our confirmation line is trades flat so we wait for the next 5 minute bar. Finally the 3rd bar after options signal, counting the signal bar, opens and we line up our cross-hairs again and we see a definite down trades of the confirmation line so we jump in the put trade at the opening of the next bar, the 4th after the signal, for a winner.
These types of trades are not prevalent but I will even go up to 1 more bar most of the time. After that, if there is no trade, I wait for the next signal and alert. Every trader is different, has a different risk tolerance, nerves, etc. You should be excited to the bone! Two clear winners minute about three hours time.
I said that to say minute, like any other business, it requires some type of capital investment. Money management and a little common sense are necessary ingredients also.
These are just a few things to keep in mind especially if you are a newbie about to take the exciting plunge into the world of binary options trading. Binary presently have over client traders trading one or more of my systems.
Many are supplementing their incomes with it very nicely while others are making a full-time income. Anyhow here is a few more example charts to look at from the London and the Tokyo sessions.
Anyhow if you have read this far, your eyes are probably ready for more pics. Every once and awhile, one of my clients sends me a testimony with permission to display it. Most people including myself like to keep their financial things private. Is that cool or what?
If you look close you will see that the bottom 2 trades were 60 second trades. That was my mistake for rushing things. Is that a deal or what? That steal it from me price and you ask about a bonus? Here is what I will do. Options need a good binary broker with 5 minute expiry times to trade this system Boss Capital-Beautiful Platform-Easy to Trade-Accepts Traders World-Wide!
StockPair-Nice Platform-Good Broker-Does Not Accept U. Traders These are the two brokers that I recommend for trading 5 minute binary options. If you cannot accept this policy, do not purchase my product. By purchasing my products minute are accepting my refund policy. I say pick it up and run with it binary start making some big bucks or do nothing and stay in the same spot. You can lose more than your initial deposit and stake.
Please ensure your chosen method matches your investment objectives, familiarize yourself with the risks involved and if necessary seek independent advice. However, before deciding to participate in Foreign Exchange FX trading, you should carefully consider your investment objectives, level of experience and risk appetite.
Do not invest money you cannot afford to lose. CFTC RULE — HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE Minute, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE Trades BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY.
SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAN ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity.
Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account trades or is likely to achieve profits or losses similar to those shown. Important risk note: Binary options trading also involves significant risk. Traders should be aware of their individual capital gain tax liability in their country of residence. Do you find 15 to 30 minute expiries similar to watching paint dry?