There were several profitable binary signals on forex overnight, including the USDJPY, GBPUSD, and EURUSD.
Binary Signals on Forex – GBPUSD, USDJPY and EURUSD
The first signal on the GBPUSD was issued right before the opening of the Asia session. There were actually two binaries that could be executed as the chart below shows.
There was also a USDJPY signal for 102.57 issued with a minimum of 3 hours expiration or 11pm. Again, the binary closed in the money or the trader could have set a profit target for $10 since they were short. Again, both positions made profits.
Then right at the London opening two more signals were issued. One signal on the GBPUSD and one on the EURUSD. In this case, the trader had to wait one hour before price arrived at the signal price. As you can see below on the signals and charts, the trader had advance warning of the trade potential and only needed to wait until price arrived to enter the binary. Both the GBPUSD and EURUSD binaries closed in the money or hit the profit target by 7am.
For those that have the indicators, the entries are simply called for when price reaches the average true range stop that is built-in to the TradersHelpDesk Trend ATR indicator because it will provide either support or resistance. In this case, it was providing resistance for all three symbols. While there were other trades signals, the minimum time expiration was not available for Nadex Binary Options, ie 45 minute expiration on USDCAD or USDCHF or Crude. Those trades could not be executed because the only binary options available were too far out. When this happens, you have to bypass the signal.