The binary signals results for today are posted below. Please remember the signals have ended for this week, as Non-Farm Employment will be released tomorrow morning and I will also be out of the office until Monday.
Also remember the binary options results are based on the strategy and follows the rules below:
- 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 Signals Results for May 31st
Today we had nine ATM strategy signals and two OB OS strategy signals. The ATM strategy had four winners and five losers for a 44.44% winning percentage. The OB/OS strategy was 100%.
Overall the binary signals results for the week are positive and the winning percentage is 60.53% for the week with a total of 38 trades (23 winners and 15 losers). Additionally, 70% of all trades expired in the money.
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.