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Wednesday, February 20, 2013

20-Feb-2013 (Binary Trades)

It is only Wednesday and I am already feeling burnt out =( This is not a good sign.

Anyway, tonight, 20-Feb-2013, Singapore's time zone.

With the German 10-y Bond Auction at around 6:38pm and a series of american's data at 9:30pm, I am still very cautious on opening any positions. Total this evening, I have only 3 done deals,, winning deals that is with binary dealing desk. The movement between point of entry and contract expiry time was very slim which is only lucrative with binary desk. 

All three trades entered with my algo entry, which under normal circumstances, I would not have opened at all, slightly on the risky side.


1 done deal with EUR/USD at 6:44pm and 2 done deals with USD/CAD at 9:54pm and 10:14pm.


EUD/USD has a nice movements on the down side before turning around a little but we are sticking to our trade plan in the trading window. That is why after cooking and having my dinner, I went on to look at USD/CAD which I aggressively entered using my algo entry.


Market jumped and still moving as I am typing this but I am done for tonight boys. 3 winning deals, enough for me tonight with 543% (81% each). Trade safely muchachos. Those who are still holding USD/CAD over at the spot dealing desk, keep holding to it, weekly data looks fine, no reason to bail out just yet.

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