The binary signals results for May 7th are below. Basically, there were a total of 21 signals. Fourteen signals moved into profits as outlined in the rules and seven were losses. One of the losses, the last signal on the EURUSD did move 7.9 pips in the direction of the trade but since it was not the full eight pips it was counted as a loss.
Binary Signals Results May 7th
The majority of the signals today were on the EURUSD and EURJPY, as it was trending. Out of the 14 winning trades, 11 (79%) expired in the money, and three only hit the targets as described in the rules.
Seven trades were losers.
Overall winning percentage for the strategies, following the rules outlined was 66.67%. See disclaimer below.
Binary Signals Results use the following rules:
- Always use a two-hour binary option that has a minimum of six 15-minute bars remaining (an hour and a half).
- 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).
The binary signals are available via a monthly subscription of $199 per month.
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.