Jul 28, 2015

Finally Closing Out Final Legs of AUD/USD Forex Hedge for Net Profit

Well, I had to hold this trade since last Wednesday and it was modified a few times. Originally I was short eur/aud, long eur/usd, and short aud/usd. After a day of holding it, I felt I no longer wanted to be short aud/usd and legged out as well as switched the direction in the aud/usd (forcing a take profit). The problem was the market was not quite ready to reverse.

Jul 24, 2015

Week 17 Binary Trading Room Signals and Credit Spread

Hey options and forex traders. As you know I have been building a pretty nice account of trading signals that are given out over skype as well as available through e-mail. We are closing in on 20 weeks. This past week was nice with a 2-0 record on the two binary trades: EUR/GBP forex pair and Apple stock. Also, there was a max winner on a call credit spread.

Jul 23, 2015

Live Forex Trading (aud/usd triangular hedge basket)

Well I had to leg out twice this week, but the first time was just because I didn't want to be short the eur/usd after a 600-700 pip down move and the second was just when I was testing out the aud/usd triangular basket. In forex trading, the goal is to compound your profits and never have big draw downs.

Jul 21, 2015

Having Daily Trading Goals (% return goals) Good or Bad?

Well, this is clearly a subjective question, but I can answer it based on all the experience I have had building trading accounts with binary options on off-shore brokers, using Nadex, using stock options, and using spot forex. The answer is that every time I had a % goal and stuck to it, the profits piled up much quicker and more consistently.

Jul 19, 2015

Is There Value in an Options Trading Course?

First, let me be very specific. The type of options trading course I am referring to is regarding stock options that anyone can go in and trade by using various brokers such as T.D. Ameritrade or Shwaab. This is one big part of the course I offer.

Jul 16, 2015

Ending the Binary Options Case Study (70 days)

Well, it has been 70 days on this binary options case study on Oil and I have had enough of it. Each and every day I have done live video of the trades taken and set the parameters up in the beginning videos. It was always between 9:30am EST and 11am EST. That is one of the parameters of the system. Overall, the results proved something to me that I will use going forward forever.

Jul 13, 2015

1.6% Day in Forex with Hedged Trading Style (great start to week)

Hey traders what is happening!? It's 5:30am EST on a Monday and I finally closed out my first solid profit with the hedged trading style in the eur/usd and gbp/usd without having to leg out. Now, we are going to try and ride this wave all week long.

Jul 10, 2015

Week 15 for Binary Options Signals (Oil and Netflix) 1-1

Hey traders. As you may have been following along, I do run a trading room geared specifically for end of day and end of week binary option signals. I give the trades out in skype by saying the underlying asset, price of entry and direction. It's as transparent as I can possibly make it.

Weekly Overview Forex Triangular Hedging Strategy

Hey forex traders. It's Friday and I am starting to see some of the things that need to be perfected with this hedging strategy. First and foremost, I need to set % limits for where I leg out, if it's needed. For example, today I was long the eur/usd, short gbp/usd, and short eur/gbp. So, the e/u side was the winner and the other two were losses overall.

Jul 9, 2015

Forex Overview Today (Triangular Ratio Hedge in Euro/Pound)

Well I have no new closing trades today so I figured I could give an update on the overview today so you can see what kind of moves happened and what decisions I keep getting faced with.