Beta Testing the New Nadex Trading Platform

I purchased these five EURGBP put contracts because the six-hour trend is bearish, yet the 15-minute baseline has pulled back to 84.19. The rate has not yet made a move to rejoin the more dominant trend, nevertheless, for it to pull back all the way to 84.30 would be kind of crazy! Even if it did, the odds are that it would not stay there for the next six hours. (I had to select six hours out because anything less would have returned so little in profit that doing so would have been absolutely insane.)

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Since the 6-hour baseline is bullish, hopefully AUDUSD will spend the next 2.5 hours moving to rejoin that trajectory...

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Because AUDUSD is overdue to head south (due to a bearish 24-hour baseline) I immediately abandoned the above contract as soon as the short-term trend turned around and started heading in the "wrong" direction.
 
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Let me try this again...

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So, to avoid jumping in ten to 30 minutes too early, causing you to jump out unnecessarily and then jump back in again, drop down to your five-minute charts and wait for a hinge to form in the (yellow) 14-minute baseline before purchasing the associated contract.
 
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This trade is risky in that it is countering the six-hour trend. It will only work if the rate truly is bouncing off resistance in the form of the middle level of the top of the two-hour price range.

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This trade is based on the 9- and 27-minute baselines having turned bullish, and the 34-minute baseline having formed an upward hook, with candlesticks having breached the middle lower band of the two-hour price range envelope, and having also come within 3-pips of making contact with the upper lower band of the six-hour price range envelope.

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GBPUSD offered a similar opportunity. However, this setup was so nice that I was able to select an expiry that was less than an hour away...

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The basis of this trade was price having actually fallen below the bottom of the 24-hour price range. (Consequently, I ended up adding a third level at 1.35% deviation.) In hindsight, I think it would have been wise for me to have waited until the slope of the 70-minute price range envelope had turned neutral before buying the contract.

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