Beta Testing the New Nadex Trading Platform
- Thread starter expiated
- Start date
No, the data from my "Daily Price Flow Is Easy to See" forecast models do not offer a 100% success rate.
EURJPY did very well, and AUDJPY, EURUSD and USDCAD will easily be in-the-money at expiry two minutes from now. Moreover, GBPUSD looks to be pulling through in just the last hour, with USDJPY remaining in positive territory by just a hair.
On the other hand, AUDUSD continued to climb for too long, and did not drop far enough during the last two hours to save the day. Likewise, USDCHF spent too much time falling, and did not climb far enough during the last two hours to save the day, (though these losses will be MORE than compensated for by the USDCAD payout).
I suspect however that had I been able to hunker down in front of my laptop all morning long and WAIT for reversal signals before acting, the outcome would have been better, and would have DEFINITELY resulted in some nice profits if I had been trading knock-outs as opposed to binary options (but I will have to go back and verify whether this is actually true as soon as I have the time, which might not be until Sunday).
Last edited:
You've had a number of months to mull over these settings and parameters, so hopefully, what you've typed below comes close to what will be you final perspective and vocabulary...
The 5-day price range envelope gives you the "ultimate" or eventual-overall direction in which price is headed. (It conveys the general flow of price from week to week.)
The 16-hour price range envelope gives you the general daily direction of price. In other words, it conveys the overall directional flow of price from day to day.
The 8-hour price range envelope gives you the broad, longer-term intraday flow of price.
The 4-hour baseline gives you the intermediate intraday flow of price. However, if you were to drill down to lower time frame charts, you would see that there is a great deal of vacillating that goes on during the course of the journey. But generally speaking, a pair is bullish at the intraday level if candlesticks are above this line—especially when it is sloping north; and it is bearish when they are forming below this line—especially when it is sloping south.
So try this: If you're on a one-minute chart and candlesticks are painting below the four- AND two- AND one-hour baselines, keep selling following surges in the four-minute baseline to the "far" side of a bearish 20-minute price range envelope as price is bouncing back off resistance. Conversely, if you're on a one-minute chart and candlesticks are painting above the four- AND two- AND one-hour baselines, keep buying following plunges in the four-minute baseline to the "far" side of a bullish 20-minute price range envelope as price is bouncing back off of support.
The 20-minute price range envelope at 0.06% deviation gives you the immediate intraday flow of price.
And finally, the four-minute baseline gives the the "instantaneous" direction of price. It is NOT a general direction of price flow, but rather, it is the precise path on which price is headed in the moment!
The 5-day price range envelope gives you the "ultimate" or eventual-overall direction in which price is headed. (It conveys the general flow of price from week to week.)
The 16-hour price range envelope gives you the general daily direction of price. In other words, it conveys the overall directional flow of price from day to day.
The 8-hour price range envelope gives you the broad, longer-term intraday flow of price.
The 4-hour baseline gives you the intermediate intraday flow of price. However, if you were to drill down to lower time frame charts, you would see that there is a great deal of vacillating that goes on during the course of the journey. But generally speaking, a pair is bullish at the intraday level if candlesticks are above this line—especially when it is sloping north; and it is bearish when they are forming below this line—especially when it is sloping south.
So try this: If you're on a one-minute chart and candlesticks are painting below the four- AND two- AND one-hour baselines, keep selling following surges in the four-minute baseline to the "far" side of a bearish 20-minute price range envelope as price is bouncing back off resistance. Conversely, if you're on a one-minute chart and candlesticks are painting above the four- AND two- AND one-hour baselines, keep buying following plunges in the four-minute baseline to the "far" side of a bullish 20-minute price range envelope as price is bouncing back off of support.
The 20-minute price range envelope at 0.06% deviation gives you the immediate intraday flow of price.
And finally, the four-minute baseline gives the the "instantaneous" direction of price. It is NOT a general direction of price flow, but rather, it is the precise path on which price is headed in the moment!
USDCHF did not really begin rising in the manner I was waiting for on Friday until 10:00 PM PDT last night (Sunday):
It appears I am never awake at midnight nor at 4 AM in the morning. But, to the point, it looks like I should (ideally) limit my trading of Nadex binary options (if I opt to trade them at all) to doing so from 10 PM at night to 8 AM in the morning, with the best two hours coming at 5 AM and 6 AM...
...and possibly at 4 AM, depending on what goes on at that hour, which is still a mystery to me, since I'm always asleep at that time.
The gap at 4 AM today was only $5.00. So then, for now at least, I gather the ideal time to trade Nadex two-hour binary options is between the hours of 4 AM and 7 AM, at four o'clock, five o'clock and six o'clock.
I can no longer get into my Nadex live account. The website is requiring some type of new two-step authentication process. Since I don't own a mobile phone, I'm going to have to download the Chome app. Here are my directions for how to use it...
https://authenticator.cc/docs/en/quickstart
https://authenticator.cc/docs/en/quickstart