Nov 29, 2013

Accidental Entry, But Still In the Money

Well it's Black Friday or the day after thanksgiving. Right now my beta platform is closed for trading, but good ol' RB is open so I did a martingale trade on it. The funny thing was that I was looking at the wrong forex pair when I made the entry. Luckily it was all good in the end.

Nov 28, 2013

Trading Efficiency

Today is all about trading efficiently. In order to do this, you have to have all your wits about you, not be too emotional, and be willing to trade small and be happy with the profit you made. Having said that, we have started the day with a 1-0 record on the beta trading test and in the martingale binary options account, there is 1 trade in the works.

Nov 27, 2013

Starting off With a Binary Dip - Ending Day with $8,961 Profit

Well we are burning the midnight oil here, or you might say the morning oil. I was up thinking about trading on Nadex again, and just about made another deposit on that platform, but did not. The sad thing is I would be up over $2,000 profit on a $400 risk trade.

Nov 26, 2013

Continuation Triangle Forex Pattern - Using Binaries to Profit

Well, this morning on Nov. 26, 2013 the EUR/USD has made a continuation triangle pattern with a series of lower highs and higher lows. At the breakout point of this pattern, I have started to set call binary option trades. The first one I did was for the trading signal beta, which ended up in the money.

Nov 25, 2013

Forex Funnel Pattern

Well this great Monday morning I have been watching the EUR/USD forex pair make a funnel pattern. This is also known as somewhat of a bullish wedge. It is basically making lower lows and lower highs and forms the shape of a downward funnel going outward. Eventually this pattern commonly leads to a breakout upwards, but that trigger has not happened yet.

Nov 24, 2013

Trading the First Hour of Forex on Sunday at Open

I was very anxious as I am waiting for my beta to begin with SignalPush as a provider so I am working on utilizing the early exit or "sell back to platform" feature on the broker I am currently trading on that will be the basis for my signal service.

Nov 23, 2013

Scary S&P 500 Chart: Another Depression Coming?

All major U.S. indices are getting there biggest gains for a single year in over a decade. Here is the problem and here is how a smart trader or investor will play this market. Right now, if you have not gotten into the market, don't plan on doing anything except for shorting.

Nov 22, 2013

Using Ranges to Trade Forex Profitably

Ok, we are back again today fighting for some profits after the tough client trading day yesterday. Right now the USD/JPY is making a pretty solid top around 101.24 so we are going to look for a high/low put option coming down from that pricing level over a 15 minute period.

Nov 21, 2013

Highly Efficient Trading on USD/JPY

Well it was a pretty solid morning of trading so far. The forex pair to be looked at was the USD/JPY. It has slowly been climbing the mountain to get over 100 and I took a trade as well as my client for a 15 minute call on the USD/JPY. My risk was $100 while his was $30.

Nov 20, 2013

Binary Trading Today: November 20, 2013

Well I have been very busy all morning, but now at around 2pm est I have a chance to do some trading of my own as well as help some clients. Right now I have an end of day call option going on the EUR/USD that expires in about 4 hours.

How To Trade Short-Term with 25 Simple Moving Average

What is going on. It's the 11pm hour and I am working on trading the 25 simple moving average for the EUR/USD. This forex pair is good because of all the volume it has. Solid and consistent volume gives more weight to technicians.

Nov 19, 2013

Great Swing Trades this Morning on GBP/USD

One of the most exciting ways to trade is by using what people call a swing strategy. Swing just means a sharp change in price direction. This morning the GBP/USD had a couple of these opportunities happen and one of my trading clients took advantage of this with a net $100 profit.

Nov 18, 2013

Scaling Swing Call Options on USD/JPY Forex

This is one of my more prominent binary options strategies where I feel there is a good chance for a swing to happen on an underlying asset. It works pretty simply. Once a few of my technical indicators light up about a trade being over bought or over sold, I go ahead and get into a swing position.

Helping Client Trade Binary Options: USD/JPY and EUR/USD

Well, I have started to help clients trade binary options now and today was very interesting. After accidentally going into a $100 trade that was just supposed to be a $30. The first trade was a USD/JPY call as it appeared to be bottoming out. This was all prior to the FOMC member speaking, which ended up giving the USD a boost going on into the afternoon.

Nov 17, 2013

First Day on New RBOptions Trading Platform

The new platform is live. Some of the most important new features include the ability to close a winning or losing trade early and rollover a position to a later expiry time. Also, there is no lag or freezing which is important. This feels like a high-quality and professional online trading atmosphere that I feel 100% comfortable using. AND they have a Fibonacci calculator to help identify important price levels within a trend.

Alright, it's a great Sunday night and we are doing some business in the forex markets. One of my main trading brokers has just upgraded to a new platform, which is looking nice so far.  For the first forex trade tonight, I was watching the USD/JPY and it opened right where it closed on Friday and then made a gap up to 100.277. That is the price to watch and for now there is only one position being entered around that price in the form of a high/low binary option put.

Nov 16, 2013

Week 2 Results of Live Commodity Option Trades

As you may or may not know, I do 2 trades each with involving commodity binary options. I use Gold and Silver. This past week my entry was made on Tuesday after some hard selling went on. Over about 7 weeks of doing this, my stats are pretty solid with only 2 or 3 losses out of 15 trades (all documented).

Big Loss on Friday with Binary Options on Nadex

Well I had a tough Friday. It was the dumbest trade I have ever made I think. There was no technical analysis done or anything. I was just trying to make a quick $400, but it took my entire balance to make the trade. I don't know how or why it happened, but the second after I entered a long position on the forex pair GBP/JPY.

Nov 15, 2013

Big Overnight Trading in Forex

Well it was a rough night. I had set in a $150 position on the AUD/USD for the 0.9340 strike back at about 9 p.m. est so that if the price went down between then and 7 a.m. my profit would have been +$150. Here is what happened though. The price slowly rose up, fell, rose up again and at the point where I was down $75, I cut my losses and exited the trade.

Nov 14, 2013

Live Forex Trading - My Daily Positions

What is going on. It's November 14, 2013 and the binary options trading has been good to me over night. It started off with an overnight loss though on a USD/JPY put as it just flew higher and higher. However, my first profit on the morning came from 4:30 am to 5:00 am as I sold the EUR/USD down for a nice $140 profit and now am up net $90 to start the U.S. open.

Nov 13, 2013

Forex - Picking Spots and Trading Signals

This morning we are starting the 8-10 am expiry with a little bit of a loss. However, these trades were based on sort of getting warmed up for the day rather than really analyzing the position. After a few losses, it's time to get my head in gear and focus.

Nov 12, 2013

Trading Nasdaq and S&P 500 Futures - Managing Risk

What is going on. This morning is all about managing risk. I did some technical analysis to try and figure out the market sentiment on the open and got a put on the major U.S. markets. However, as soon as I entered a net short position on my first underlying asset with $125 max loss risk, the price just went completely opposite in a big way on the Nasdaq future.

Nov 11, 2013

Trading S&P 500 Future with Binary Options

Alright, after a nice $90 overnight profit on forex, it's time to get into the U.S. markets this morning. I used a few different technical analysis tools that showed a moderate sell signal on the broader indices. The strike for my first trade today on the US 500 futures was 1766.50.

Nov 10, 2013

Trading Live Forex - Sunday Night

Well it's another Sunday night and the forex markets have just opened up. So far I am in the money on my first trade. I am looking at the EUR/USD and my trade was entered just around the 5:30 pm est hour. As it seems this forex pair is selling off, my trade was a high/low put on the 6 pm expiry.

Nov 9, 2013

S&P 500 Weekly Analysis and Options Trading Ideas

What is going on! It's Saturday night and we are looking at the SPX. This index is hitting all-time highs and we are starting to see some clear topping out signs. The price to look for is 1790. This is a major wall of resistance that is going to take a lot to break through. Nobody wants to get stuck buying at the top and as that notion makes its way through the psychology of traders, no amount of QE is going to help.

Nov 8, 2013

New Goal - 7% Per Day with Binary Options

There is a new goal for my daily trading on smaller balance with the exchange platform. I am going for 7% return per day. So far the balance has gone from $640 up to $1,380 in 8 trading days so I want to stop and take a step back to realize how good that is and how to keep the profits coming in.

Nov 7, 2013

NFP for November 8, 2013 - Trading Strategies and What to Look For

Alright, we got a NFP tomorrow, which is delayed from November 1 because of the government shut down. People are looking for indications of lag from the shut down and how it will effect the jobs report. Whatever happens, a ton of people trade non-farm payroll reports so it will most likely move the forex and U.S. markets one way or the other.

Day 4 of Pivot Strategy and Morning Binary Trading

What a good morning for the pivot point signal that has been very successful with binary options trading on a 30 min time frame. It went in the money again today very deeply. Some other huge things that happened this morning that moved the markets included the ECB saying they are lowing the interests rate to 0.25% from a forecast of 0.50%.

Nov 6, 2013

Will the Twitter IPO Be Different

After a big issue with the Facebook IPO, we are moving into the Twitter fun tomorrow as it opens for trading on the major exchanges for the retail market. Some say it could tank half its market cap within a couple months while others say it grows steadily for the next 3 years.

Day 3 on 30 Minute Pivot Point Strategy and Market Analysis

Alright, I am sitting here at 7:56 a.m. and doing the pivot point calculation manually. Again, for the 3rd day in a row it is signaling down from 9:30 to 10 a.m. est on the major U.S. indices. I am using this 30 min binary option strategy. The specific index that I will be using is the Nasdaq futures. There is no real reason or rhyme between that one or the SPX or DOW.

Nov 5, 2013

Day 2 of 30 Minute Pivot Point Strategy

Well, I have started today's binary options trading with 2 positions. The first one is on the Nasdaq future and I used the pivot point signal strategy to determine my entry on the 9:30 am to 10 am est time frame. The signal was down so I went down and it was right for the second day in a row. Here is the first day of this trading strategy.

Nov 4, 2013

Binary Options Trading Live: Nasdaq and S&P 500 Futures

Looks like the pivot point strategy is making a good prediction on the indices. The signal was down from 9:30 to 10 am est and that is exactly what has happened. Right now I have a $100 high/low put option on the Nasdaq future in all or nothing binary options and a 5 lot put on the SPX future for the 1756.50 strike.

Nov 3, 2013

November Binary Options Trading Stats by Day

Alright, a new month and more trading strategies to learn and take advantage of. Last month was great so the plan is to have another great one. The first of the month I traded all day on Nadax and ended up breaking even so tonight is going to be the start of the month.

Sunday Night Trading on Forex Options - $100 Profit

What is going on. I haven't been able to trade much spot binary options lately. Tonight I made it a point to get in the game so the only big movement was on the AUD/USD forex pair. It popped up pretty heavy on the positive news at 7:30 pm est. Since the initial surge upward, the price has gone into a sideways channel.

Pivot Point Strategy with Nasdaq 100, Dow, and S&P 500 Index (Binary Options)

This strategy is all about the average between the closing price, high, and low of the day on any of these major indices. Most may know this as the pivot point. It's typically an important value technically so pay attention. A lot of traders use these pricing levels to make decisions because it gives a very good perspective of daily pricing possibilities.

30 Minute Binary Options Strategy (For Spot Platforms)

Ok, I know there is some kind of bad Taboo or whatever about the martingale risk strategy for trading binary options. However, I just got done talking with a fellow trader on Skype who has been having really good results with it, but he has set some strict guidelines. I am also going to be implementing this system on Nadex to see how it works. If you use this strategy read the entire post or you will miss an important factor that could result in losing money.

Happenings with Niche Blog (1 Year Old Now)

Well, the yearly renewal has come up for my niche blog project that I started about a year ago. It was a bodybuilding diary type of site that was designed to help me get more motivated to weight train and build another stream of income at the same time. This is what I call creating a passive income by doing what you would do even if you were not trying to make money.

Nov 2, 2013

Monthly Passive and Active Online Income Report - October

Here we are and another month is over. Once again, there has been some changes and different things going on. As you know, I give a monthly report on different income streams that I am working on and explain how they are doing/what is being done to increase their revenues. It helps me keep on track with trends as well as think about the broader decision making that needs to be done to continue with growth.

Nov 1, 2013

Lots of Trading for $3.10 Loss

Well today was tough. I spent the first 5 hours trying to pick a good entry on Nadex platform. Ended up not getting anywhere as my own signals to myself would have made me over $400 today, but failure to entry really got to my head and it was hard to avoid taking a trade because there may be too much emotion involved.