The market maker will try to make profit on the spread. They will buy at a certain price from the client & sell at a profit when the client loses. Market makers will give the market more liquidity. Thats good for us because they make it easier for ...

Why Binary Forex Options are better than Spot Forex

A perfect example of this strategy was seen last night with e/u during the asia session. Euro couldn't break the pivot at 1.4200 & was sold off.

Pivot Specifically

I sold euro closing above 1.4300. So today was as easy as it can get. I wish all days were like this! Oil plunged. Equities were lower. Oil inventories were 5 mil & so after that was announced everything started falling. Bearish day today.

Why Binary Forex Options are better than Spot Forex

yea thats right lucashammer just remember the average is just an average. Also when you start early that gives it more time to move one way or another. Some days they will break way over the average. Maybe not now because nothing is moving the euro. ...

Why Binary Forex Options are better than Spot Forex

Just trying to see what is better. Trading when there are a few hours left for expiration or if it's better trading when the contracts are opened for trading & you have about 20 hours to go. So i traded the e/u today & bought at 90 to close above ...

Why Binary Forex Options are better than Spot Forex

This week the e/u has ranged less than 200 pips for the week. So really no big mystery this week with the euro. No major news came out this week so that had alot to do with it. Stocks had a great week with all the earnings reports. So at nadex you ...

Why Binary Forex Options are better than Spot Forex

Yea IG makes their money with the spreads. I guess the only way to find out what the fees would be is to trade with them. I might start doing that.

Why Binary Forex Options are better than Spot Forex

I saw these contracts at 97 & lets say you buy 10 contracts then your payout is $30 minus fees. After fees you only make $10. Those fees eat you up because your fees are more than your profit! Some prices look good but when i see that it's at 97 ...

Why Binary Forex Options are better than Spot Forex

On that trade that went against you maybe you should have waited for a 2nd short candle to confirm. What do you think? Because that way you would have had 2 short candles in a row. You could have entered right before the hour was up knowing it was ...

Bollinger barbeque

This system looks like it could work on higher time frames also. Any reason for 250 ema. I guess because this ema has worked well in the past right? With respect to whipsaws with the ema...if a candle close above ema & you are short then you have to ...

Bollinger barbeque

So if the 5 ema is lower than the 8 you are trading with short in mind & vice versa or just when they cross?

Why Binary Forex Options are better than Spot Forex

Go to actionforex.com

Where to find daily Support/Resistance

If for example i place an offer for the e/u & i say that the e/u will not touch 1.4200 by tommorrow. Then probably no one will take the trade against me because e/u is way off from 1.4200. Thats when you won't get someone to take the opposite side. ...

Why Binary Forex Options are better than Spot Forex

Yea i lost on that trade. You win some you lose some.

Why Binary Forex Options are better than Spot Forex

Dreamliner i agree because i was thinking that i could not lose & this brought me back down to earth. I think this loss will help me because i will become more careful. Losses come with the territory & you learn from mistakes. I got burned. Time to ...

Why Binary Forex Options are better than Spot Forex

Let me tell you what happened today. I trade hourly contracts. I made a trade with less than 30 min to expiration on e/u which went up today. I sold 3 at 15 for price to close <1.4150. Price was hanging around at 1.4130 & 1.4140. Price at 1.4150 was ...

Why Binary Forex Options are better than Spot Forex

I hear you. I guess i can play around with it on the fxgame.

Why Binary Forex Options are better than Spot Forex

I also trade with Oanda spot & i saw these box options. Might give them a try. I think i can tell if a pair is not going to hit a box so then why not trade it.

Why Binary Forex Options are better than Spot Forex

$100 min Anyone know if the Oanda box options worth trading?

Why Binary Forex Options are better than Spot Forex

Peter where do you trade at? I'm at nadex but i don't see these options.

Why Binary Forex Options are better than Spot Forex