Binary Options - 08 Oct 2015

Binary Options - 08 Oct 2015

Quickie 15mins session after a long break. 3:45am to 4:00am (SG Time).

4 done deals, "Up Scaling" done on losing trades.

EOD profit, US$6.60

Based on dollar cost averaging of lot size, profit made:

[Profits or Loses] / [Total volume / Trades done] x 100%

= US$6.60 / [US$55 / 4] x 100%

= 48% (Profit)

Trade safely everybody and do not neglect your family =^_^=

EUR/USD Outlook (26 August 2015)

A quick update on what we are looking at EUR/USD.

It seems like market recovery for EUR/USD but take a look on a bigger picture. Market looks like it is in a big Bear Flag. Slowly inching up the Fibo Retracement from the big drop since May last year.

Currently, it is moving in a channel which looks like a Bear Flag. So far, Fibo 23.6% has been breached but Fibo 38.2% seems to be holding it. If 38.2% can be breached, we will be looking at the bear flag to continue if the Bear Flag resistance holds.

Nonetheless, since this is a macro picture, there will be trading opportunities within this Bear Flag but be careful when price action reaches critical levels or price line like Fibo Retracements levels and Bear Flag support and resistance levels. 

If at anytime soon, market can break below the Bear Flag, we will be looking for a drop continuation from previous drop. If not, we will only stick to quick in-out positions.

Trade carefully everyone, market is a little crazy these days and always remember, market is always correct. Do not attempt to break it, the house never lose =^_^=

FX Spot - USD/JPY (20-May-2015)

We opened a long position on 20-May-2015 with USD/JPY @ 8:31pm (SG Time). Entry price @ 120.779, SL @ 120.40 and TP @ 122.00.

Position has just been closed today, 26-May-2015, @ 2:13pm (SG Time) with TP triggered @ 122.151. 6 days of floating with 137.2 pips profit in the bag =]

Trade safely everyone.

FX Spot - USD/CAD 27-April-2015

FX Spot - USD/CAD 27-April-2015

Our position that we opened two days ago, 27 April 2015, with the USD/CAD @ 12:30pm (SG Time), price of 1.21595 has been closed tonight, 29 April 2015, by our Target Profit @ 8:48pm (SG Time), price of 1.19958 which is around 38.2% Fibo Retracement under daily charts. 163.7 pips in the bag for this trade =^_^=

USD/CAD - 17 Apr 2015

USD/CAD - 17 Apr 2015

Price has broken support and Fibo 23.6%.

We will be looking for opportunity to short this pair. Once we are in, we will look at around 1.1996 or Fibo 38.2% to exit.

Let's see how it goes =^_^= Trade safely everyone.

Binary Options - 09 Apr 2015

Binary Options - 09 Apr 2015

One and half hour session today started at 4pm and ends at 5:30pm (SG Time).

5 done deals, "Up Scaling" done on losing trades. EOD profit, US$12.00

Based on dollar cost averaging of lot size, profit made:

[Profits or Loses] / [Total volume / Trades done] x 100%

= US$12.00 / [US$120.00 / 5] x 100%

= 50% (Profit)

Trade safely everybody and do not neglect your family =^_^=

USD/CAD - 24 Mar 2015

USD/CAD - 24 Mar 2015

Looks like double top is forming in the dailies with top side resistance at 1.2835. If price can breach DT neck line support level at 1.2362 and 23.6% Fibo retracement, we will look for an opportunity to short it towards 38.2% or 50% Fibo retracement.

Let's see how it goes =^_^=