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General Forex Discussion
A True EDGE on Binary Options
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[QUOTE="ezrydn, post: 37944, member: 15946"] First of all, just because an app has an "adjustable setting" doesn't mean for you to change it. If you have the new Option Bot, please leave it on "0.003." Whether your alert tells you High or Low, wait til your marker on the chart is at it's absolute opposite range before you enter, so you have a better idea of your possibility. If OB saw an UP, you trade DOWN. However wait til you're as UP as it looks like you'll get and retrace starts, then pull the trigger. Many times I enter a 15 min trade with just seconds to go. ALWAYS have a same asset running on your MT4, to cross check. And verify through OBs "chart" tab on direction. Timing must include WHEN you activate OB. If you get alerts just before closing, turn OB off for 5 min and reactivate. That seems to change when following alerts hit time. Using both OB and your MT4 will allow you to see the finish of a trade. Pencil/paper time. Write down your "in the money" limit and see if it makes it via MT4. When I get alerts, I already know which asset I'm trading, GBPJPY (85% ret.). I check my MT4 and then the OB Chart tab for that asset. I wait for opposing distance to form against the alert and when retrace begins, I pull the trigger. There's no requirement to pull the trigger upon alert. Let it form first. Give that a try tomorrow. Also, if you see 3 loses in a row, find something else to do for the rest of the day. You're head's just not into it. That's my personal rule and it halts over trading or "trying to catch up." Hope that helps. I'm checking out a couple other binary apps to see if any vendors are bringing anything new and helpful to the OB table. I'm just looking for something that enhances predictions. I'll relay my test results when I have them. Tests will be conducted on live accounts over various brokers through Christmas week (a hard nut to crack.). [/QUOTE]
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