All sell stops were executed and TP hit in few seconds! image

RekonX: Trading Binary Volatilities 24 By 7

10 positions opened on Sell stop and sell limit @ 0.07 volume each. This is 2% of risk on each position. image

RekonX: Trading Binary Volatilities 24 By 7

Just reminding you the usage of pivot, support and resistance points. With Trend Entry: A) BUY TREND: Buy Stop, Buy Limit at pivot and support points (Sup1, Sup 2, Sup 3) B) SELL TREND: Sell Stop, Sell Limit at pivot and Resistance points (Res 1, ...

RekonX: Trading Binary Volatilities 24 By 7

You can run and view them according to your trading session, for us H1 and H4 points will be important. image

RekonX: Trading Binary Volatilities 24 By 7

As we progree further on learning these volatility indexes, a good start will be studying their pivots, support and resistance points befor you execute the trades. image

RekonX: Trading Binary Volatilities 24 By 7

Just updated the volume from 0.003 to 0.2 --> this is about 2% Risk on capital for each trade. I am placing 5 orders means I am risking 5*2 = 10% of my capital for a reward of 24% on capital. image

RekonX: Trading Binary Volatilities 24 By 7

As, we might be placing more orders one click of a button, I am adding one more parameter as "No of orders" image

RekonX: Trading Binary Volatilities 24 By 7

In next session, which is about 2:30 hours from now, I am increasing the risk factor to 1% more image

RekonX: Trading Binary Volatilities 24 By 7

All 10 positions closed within 5 minutes! image

RekonX: Trading Binary Volatilities 24 By 7

In this session I have opened total 10 positions on buy stop and buy limit - 10 pips aways from the instrument price. As this is 2nd-3rd hour trade on the instrument so I have placed contra entry on the price. We can place with trend entry as well ...

RekonX: Trading Binary Volatilities 24 By 7

In next session, we are going to increase the no of orders with same 10points tp. image

RekonX: Trading Binary Volatilities 24 By 7

As we noticed already, only 10 points tp takes no time to get hit! All positions closed in sales stop and sales limits in 2 minutes max! image

RekonX: Trading Binary Volatilities 24 By 7

Although in 0.02% risk the trading volumes have not increased! image

RekonX: Trading Binary Volatilities 24 By 7

Opened 8 positions TP 10 points each with equity risk 0.02% each. image

RekonX: Trading Binary Volatilities 24 By 7

In next session, I am going to increase the lot size to 0.02 and place stops and limits with tp 10 and 20 points.

RekonX: Trading Binary Volatilities 24 By 7

When I am at office, I will try to follow the same session timings and will place only stops and limits as per last vs current hours direction with low risk n reward %. Let's be consistent on attending atleast 4 sessions in a day and see the result!

RekonX: Trading Binary Volatilities 24 By 7

Next session would be at 2:30 AM IST time - which is the last session or you can say 6th session of the day which I am not going to attend. Tomorrows first session is starting at morning 6:30 AM, I am going to aim for that. Post that next session ...

RekonX: Trading Binary Volatilities 24 By 7

In this kind of situation, we should not chase the market, rather we should close the other pending orders which are not executed and wait for the next session! image

RekonX: Trading Binary Volatilities 24 By 7

But the return is not much because I used only 10 points TP which is very less for Random 100 index! I got only 0.4% return on the positions while my session target is min 5%.

RekonX: Trading Binary Volatilities 24 By 7

Placed, 4 BuyStops and 4 BuyLimits While posting this, all buystops are executed and closed at TP! image

RekonX: Trading Binary Volatilities 24 By 7