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Trading My 2019 Forex and Gold Forecast

January 2, 2019 by

Following my last year’s attempt to monetize my FX and gold forecasts, I continue to put real account trades based on my 2019 forecast. I use binary option contracts that turn into profit if the forecast ends up to be correct. More precisely, I open the Ends Between subtype of the Ends In/Out binary option type at Binary.com broker. There are seven trades this year — six currency pairs (EUR/USD, GBP/USD, USD/JPY, AUD/USD, USD/CAD, and USD/CHF) and one commodity trade (gold):

Binary option portfolio based on my 2019 Forex and gold forecast

Like before, I could not place a similar binary option trade based on my forecast for crude oil price because there is no Ends In/Out option type for this trading instrument at Binary.com. Based on the option prices, my most unlikely forecast is for EUR/USD, while the most probable one is for USD/CHF (due to a rather wide forecast range). The expiry date for all contracts is December 31, 2019, which once again will be a normal trading session.

If you want to share how you plan making money on your Forex trading forecasts for 2019, please feel free to post your comments using the form below.

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