For those that have the indicators, every time there is an ADX magenta peak on the 12 or 45 minute, there are counter-trend opportunities. Every time the market is trending (using the ADX to determine trend strength) and price retraces to the ATR or congestion dot on the three minute, it is an opportunity. Plus, normally there is an expiration every hour during the US session with the exception of the following:
- Japan 225
Trade Opportunities Using Binary Options
That means there are trade opportunities every hour on the following symbols using the Nadex Binary Options:
- FTSE 100
- Germany 30 (FDAX)
- US 500 (S&P 500)
- US Small Cap 2000 (Russell)
- US Tech 100 (NQ)
- Wall St 30 (YM)
- Crude Oil
- Natural Gas
That’s 20 different markets that we have potentials for after the US cash market opening (using the Nadex Binary Options). Using the THD Meter (RSI indicator) really highlights the forex pairs to trade using either the overbought/oversold or strength/weakness aspects. And, every time we have price touch an ATR on diverging volume, we have potentials. Then, if we have ADX peaks on either the 12 or 45, we have counter-trend opportunities.
Since I am watching 20 markets, and an expiration at the top of every hour, that’s roughly 20 opportunities that can present each hour. We can use the Market Analyzer (RadarScreen or Market Scanner) to scan for price at the ATR and magenta peaks. And, since the THD Trend Average True Range (ATR) indicator identifies the congestion area, we can easily enter the congestion areas using volume divergence.
In less than one hour, each of the markets with PEAKS below had opportunities:
That’s six potentials in less than an hour.
Like this one on the NQ that resulted from a 12 minute magenta peak. Premium was $49 per contract and I took profits at $45 per contract.
Trading from 8 to Noon, that’s a lot of opportunities using THD with the Nadex Binary Options!