New binary signals have been added for the USDJPY, USDCHF, EURUSD, and AUDUSD. The signals are generated off of a strategy so that I can measure the winning/losing percentages.
New Binary Signals Added
The new alerts are generated using the currencies with the lowest strike width and are designed for use with the two-hour binary options and only generates buy signals (no sell signals are generated). When the signal is generated, you need at least one hour remaining on the binary. The entry is the ATM (At-the-Money) or about two pips away. The risk MUST be lower than $50. So for example, on the signal below, the trader buys the 2 hour binary at 106.28, which should have a risk of less than $50. However, let’s presume there is no strike at 106.28. Instead the strikes offered are 106.26 and 106.30 — chose the 106.30 as it will have a risk of between $43 and $48.
The new binary signals strategy uses two different options for profit — either the binary moves two strikes in your favor or the binary expires ITM. Using this model, the hypothetical results are showing a greater than 60% winning percentage for each of the currencies listed above.
Although I personally favor the strikes that have a risk of $40 to $45, a full loss within the strategy is calculated at $50. The profit target is calculated as the binary moving 2 strikes in your favor (8 pips), or expiring ITM (In-the-Money) for the full profit potential.
Additionally, the USDCHF strategy only runs from 8am – Noon; the USDJPY is 24 hours a day; the EURUSD runs from 2am till 11am and then from 8pm to 11pm; and the AUDUSD only runs from 6pm till midnight.
You can sign-up for the binary signals by clicking here.
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.