The results for the forex binary signals mid-week are below. So far this week, we have had a total of 51 trades. Thirty-five of the trades were winners and sixteen were losers.
Results for Forex Binary Signals Mid Week
In addition to the standard strategy signals, I have also posted a few OTM binary signals. The risk on these trades are less than $25 and the minimum the trader should collect in profits is equal to the risk ($25 if that was the risk). Three of these were issued today and all resulted in profits.
Additionally, there was a GBPUSD signal that is counted as a loss but provided the trader with the opportunity to at least break even immediately prior to expiration.
Also, remember the trading strategy forex binary signals results are based on an automatic strategy and the trader should follow the rules below:
- Always use a two-hour binary option that has a minimum of six 15-minute bars remaining (an hour and a half), although some of the signals will only have five bars, they are still measured in the results.
- 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).
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.