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DOGs Binary Option Trades - Page 71

post #1401 of 1513
sort of, but still looking for the master key.

I use Striker9 Lite for the 11am open of stocks, works pretty well, but can't apply it to my demo because GlobalOption doesn't have 11am stock expiry.

For everything else, right now I'm using 13 EMA, 26 EMA, 50 SMA, and 20 SMA (just added 20 SMA today cause I think that's what Cherry uses). 20 SMA works as an earlier indicator at times than the 26 EMA. Then I use Keltner Channel 5, volume, and candlestick analysis, and just mix all that together to decide what I want to do.

BUT, none of that is doing much for me today, it's basically a no trade day for me so far because I'm not getting any signals. Market rallied past resistance and now about every stock, indice,forex pair is moving sideways.
post #1402 of 1513
Quote:
Originally Posted by Silencz View Post
sort of, but still looking for the master key.

I use Striker9 Lite for the 11am open of stocks, works pretty well, but can't apply it to my demo because GlobalOption doesn't have 11am stock expiry.

For everything else, right now I'm using 13 EMA, 26 EMA, 50 SMA, and 20 SMA (just added 20 SMA today cause I think that's what Cherry uses). 20 SMA works as an earlier indicator at times than the 26 EMA. Then I use Keltner Channel 5, volume, and candlestick analysis, and just mix all that together to decide what I want to do.

BUT, none of that is doing much for me today, it's basically a no trade day for me so far because I'm not getting any signals. Market rallied past resistance and now about every stock, indice,forex pair is moving sideways.
Gosh they were giving me a hard time for over complicating it You have way to much going on for you there! I would say take 70 % of that off your chart lol! Your chart but be squiggly lines everywhere lol I would stick to 13/26 or the 5 kelt not all of them combined.. That's way to many things going on IMO, but maybe I'm completely wrong!
post #1403 of 1513
The more I have going on at one time, the quicker I can tell which indicators work and which ones aren't as good. Still in the trial and error stages.
post #1404 of 1513
Quote:
Originally Posted by beehivesjoe View Post
Gosh they were giving me a hard time for over complicating it You have way to much going on for you there! I would say take 70 % of that off your chart lol! Your chart but be squiggly lines everywhere lol I would stick to 13/26 or the 5 kelt not all of them combined.. That's way to many things going on IMO, but maybe I'm completely wrong!
That's about the same number I have on mine. However, mine are spaced out a lot more (5,8,21,55,200) and I also have a stochastic index and MACD on there.
post #1405 of 1513
Quote:
Originally Posted by RebelT09 View Post
That's about the same number I have on mine. However, mine are spaced out a lot more (5,8,21,55,200) and I also have a stochastic index and MACD on there.
But he has Keltner which is 3 by itself on top of the others What's the point in having so many?! I would never place a trade because therer is always a line close by acting as s/r lol I'm likg my 13/26 pivots/roun numbers and stochastics
post #1406 of 1513
I only use Keltner for support and resitance, and MA lines for trend reversal signs within the Keltner.

How do yall set your stochastics and MACD?
post #1407 of 1513
SO sent me E-mail of the following:

Trader of the week "eurohunter" had a good run of 6 consecutive winning trades. Here's how he did it.
On the EURUSD chart above, we can see a convergence of 3 primary signals within the grey highlighted box.
(1) The stochastic crosses over (bottom green, arrow indicates signal).
(2) The RSI recovers from oversold territory (middle grey, arrow indicates signal).
(3) Candles start to pull away from the bottom Bollinger Band (top chart).


I think they just want me to go on.

Anyone use stochastic and BB?
post #1408 of 1513
Quote:
Originally Posted by supernev View Post
Anyone use stochastic and BB?
most of us here, i think.
post #1409 of 1513
Quote:
Originally Posted by cherrycoke View Post
most of us here, i think.
on which tf and what is the free online site where I can use these indicators and see the charts.?
post #1410 of 1513
U.S. Stocks Advance after Consumer Confidence Report
U.S. stocks rose for a second week, sending the Standard & Poor's 500 Index to the highest level since September 2008, as President Obama reached a tax- cut agreement with Republicans. General Electric Co. raised its dividend and consumer confidence topped estimates. Stocks rose and treasuries plunged, sending yields on 10 year notes up the most for a week in 2010, amid speculation Obama's plan to extend tax cuts enacted under his predecessor, George W. Bush, will spur economic growth and drive down unemployment stuck near the highest levels since the early 1980s.

Retail Sales Probably Rose in November
As it seems, retail sales climbed in November for a fifth consecutive month as Americans began their holiday shopping; showing consumers are playing a bigger role in the U.S. recovery, economists said before a report this week. The projected 0.6% gain would follow a 1.2% October increase in purchases. Other reports may show industrial production and homebuilding rebounded, while the cost of living held steady. Retailers will also benefit from consumer sentiment, which rose in December to the highest level in six months.


This was the key element I was missing yesterday. What's the best site to go to that lets you know of impending reports and what days they will be released?

prak- freestockcharts.com will let you do all that, but it does lag behind Reuters a little sometimes.
post #1411 of 1513
Currently getting 3rd party verified. Here are some results so far beginning at this week showing until now.



Still having trouble seeing the light with binaries as I can't manage my trades there. There is a daily strategy that works so far, though
post #1412 of 1513
5/5, TA is starting to get easy. But news keeps coming in a mucking things up in forex. Indicators say call, but resistance keeps getting pushed, so I don't do anything, then find out a call would have landed in the money. So, I really need to know how you all are aware of when all of these reports are due to come out?, since I want to be good at forex.

And I don't find BB or Keltner too helpful anymore, but I will go back to BB just because other investors use it as signals, so it's good to be aware of.
post #1413 of 1513
Quote:
Originally Posted by Silencz View Post
5/5, TA is starting to get easy. But news keeps coming in a mucking things up in forex. Indicators say call, but resistance keeps getting pushed, so I don't do anything, then find out a call would have landed in the money. So, I really need to know how you all are aware of when all of these reports are due to come out?, since I want to be good at forex.

And I don't find BB or Keltner too helpful anymore, but I will go back to BB just because other investors use it as signals, so it's good to be aware of.
If you don't know where to find forex news and you are trading forex binaries, stop immediately. You are going to lose your ass.

http://www.forexfactory.com/ for free version of when news is coming.

FWIW, be careful around 2:15-30 today, I would not trade.
post #1414 of 1513
ok thanks, I've heard of that site but never been there. 1/1 on forex today, but too scared to trade the others (would have won if I did though). And the learning continues...

9/9 ITM today.

Clubfoot, are you any good at Weekend Touch options? You could formulate a strategy for high probability on those and add them to your signal service...and charge $300/month or so, which would be a steal if you're yielding high probabilities. You should eventually charge more. Part of the reason I say that though is for concern about how long these brokers can stay profitable without making drastic changes.
post #1415 of 1513
post #1416 of 1513
lol, those sites made a pretty entertaining read, especially the first one. It's so funny when people think they're smart cause they use big words and can do simple mathematics, but in reality they're pretty stupid. You technically can get 50% of your direction picks correct by having a 5 year old tell you "up" or "down". If you use analysis and get 56.5% correct (13/23, etc) on the day, that's a horrible day, but even on a day like that, you break about even ($10 gain on $100 trades)....
post #1417 of 1513
youre calling forbes writers idiots, you have a lot to learn. why are you so attracted to binaries if you have a trading system that works?
post #1418 of 1513
cause I don't have a million dollars to invest. If you don't have huge capital, binary options have the highest possible chance of building capital at an incredible rate. If I am able to capitalize on this opportunity, then I might get more into vanillas later.
post #1419 of 1513
Quote:
Originally Posted by Silencz View Post
cause I don't have a million dollars to invest. If you don't have huge capital, binary options have the highest possible chance of building capital at an incredible rate. If I am able to capitalize on this opportunity, then I might get more into vanillas later.
Have you ever seen $47 turn into $2800 in less than a year, PM me again if you want the excel sheet
post #1420 of 1513
Quote:
Originally Posted by Rossj711 View Post
Have you ever seen $47 turn into $2800 in less than a year, PM me again if you want the excel sheet
Lol good job on that you could do that with binaries in less then a week! Good job on a years worth of work tho Im thinking I would rather master binaries and do it in a week
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