The binary signals results for today were a total of 13 trades with 6 winners and 7 losers if you traded them strictly following the rules.
Binary Signals Results for June 11th
The chart below shows the results for today, which is a loss of $71, according to the Target and Loss in the chart. Remember the rules are:
- 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).
On two losses, price moved seven pips in your favor and profit was offered. Your job as a trader is to take profits (as I have said many, many times). At the minimum you would have a breakeven trade. Then on the USDCHF, five minutes before expiration, if popped above the strike and you could again have closed with profits. The markets were not offering a lot today so you really had to take what you could get.
Of course, if you didn’t then you lost but more importantly, you failed to take what the markets were offering. In other words, there were $20 bills just laying on the streets but you weren’t interested in picking them up. And, in that case, instead of a breakeven day, your results would match the binary signals results per the rules.
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.