In the Futures, Forex and Binary trading room this morning we took a combination of futures, and Out of the Money binary option trade setups. The trades were on Gold, Crude, Dow, and Nasdaq trading only one contract each.
Futures, Forex and Binary Trading Room Trades
We took a Gold trade using the binary options. The total risk on Gold was $17.50. We achieved a profit on Gold of $33. Additionally, Gold Futures also generated a signal which resulted in profits, as well.
The Crude Light trade has a total risk of seven dollars, which we lost as price did not move as we anticipated.
The result from using the binary options to trade Gold and Crude was $26 per contract. The exchange fees for, based on trading one contract, is only $1.80 roundtrip.
Using the future contracts, we entered trades on both the Dow and the Nasdaq. The Dow trade resulted in a $125 profit and the Nasdaq trade produced a profit of $150. The setup was our typical Buddha trade. That means the forty-five minute chart had a magenta peak coming in, which coincided with price being at an ATR on the 180 minute chart on both indices charts. The ADX magenta peaks indicated that the markets would go down to the average true range stop on the forty-five minute chart and possibly the 180 minute chart. The entry on the Dow Jones was at 17840 and the exit was at 17813. The entry on the Nasdaq was at 4699 and the exit was at 4691.
Combined profit for the futures market this morning was $275 between the two trades.
The live trading room for futures, forex, and binary options is provided for educational purposes so that clients who are learning the tools can follow Gail and the strategies to identify the potential entries and exits.
You do have to come into the webinars to learn these trade setups and learn how to filter them.