The results for the binaries strategy are below for Wednesday May 9th. Basically there were a total of 24 signals generated with the strategies. Sixteen made profit and eight loss on the ATM OTM Strategy and there were two ATM Special Strategy signals (both winners). The overall winning rate of the binaries strategy was 69%. Of the sixteen profitable ATM OTM Strategy signals, 12 exired in the money (75%). Out of the 2 ATM Special winning signals 1 expired in the money.
Results for Binaries Strategy May 9
The following rules are used for measuring the binaries strategy results (which are based on the same rules that Gail uses to trade futures and forex with the TradersHelpDesk indicators):
- 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.