The results for the binary options trading signals for the week ending July 27th and overall results are posted below. Please remember that all signals are tracked using the rules below. If you are trading a specific currency or have limited time periods to trade, your results will not match the ones below. As an example, the GBPUSD had 6 profitable trades and 1 losing trade on Tuesday, July 24th, but if you were only trading the EURUSD or the USDJPY, you probably had a bad day as the GBPUSD was the one that was moving.
Rules for Trading Signals for Measuring Results:
- Always use a two-hour binary option that has a minimum of six 15-minute bars remaining (an hour and a half), although some of the signals will only have five bars, they are still measured in the results.
- When the signal is sent, choose the ATM binary and set a limit order of $45 for longs or $55 for shorts.
- On the EURUSD, USDJPY, AUDUSD, GBPUSD, and USDCHF, if price moves two strikes in your favor, then consider taking profits (strategy takes profit).
- On the EURGBP, GBPJPY, and EURJPY, if price moves one strike in your favor, then consider taking profits (strategy takes profit).
Binary Options Trading Signals – Week Ending July 27th
There were a total of 104 trades this week on forex. Out of the 104 trades, 59 were profitable and 45 were losers (again, using the rules from above).
The overall trading signals results are below (these have been tracked since the week ending April 27, 2018). The overall results show a 64.89% profitable percentage with 1,011 total trades, 656 profitable trades and 355 losing trades.
Also, be aware that the markets may slow down during August, especially during the European session as traders may be taking vacation during this period. If you are trading OTM binaries, like I do, then you want to make sure you are not going more than one strike out with very limited risk (< $30 per trade, preferably $20-$25).
You can sign-up for the trading signals for $199 per month. You do need to have a basic understanding of the binary signals and preferably use the Nadex Binary Options as they are designed to work with the Nadex model. Additionally, while having the indicators is not a requirement, you can filter the signals further by having the indicators and even utilize the Out of the Money binaries, which lowers your risk even further. Plus, if you purchase the Diamond Package, you receive ten hours of personal mentoring with Gail.
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.