caesaraba: Lol. I think y'all need to calm down a bit and stick to the topic of this thread. Suggestion: I think it will be good to create a Binary Options research thread just like Rozayx5 did with the Forex Alert Thread. That way, we can have less ”pls send it to my email," unnecessary bickering et al, and more alerts. Just a suggestion.

noriega:

sent u an mail

Forex_King: CONTINUE...................

noriega:

nice thought! But e go better make man sabi as to fish than to wait for fisher man to return with fish.

caesaraba:

I agree. However, teaching a man to fish would really be better if done on a thread dedicated strictly to that. A lot of the strategies ( mostly longer T.F's) posted on early seasons of this thread are far more stable than what's been bandied around here lately. (That's why you won't see any of the old monikers saying "send it to my mail pls." It would be nice to see alerts on this thread, and then all the other stuff on a research thread. A whole lot of people would have been deep in profit if they took fewer trades, traded longer time frames and had realistic targets. The reason a lot of folks are looking for strategies that generate 20 signals in 1 hour is because they wanna double account sizes as fast as possible. Translation, taking as many trades as possible anytime they open their charts. Hard fact is, between bad network, inexperience and greed, the more trades you take fast fast (shorter TF's), the more the margin for error increases.

An advantage of longer TF alerts is that you could see an alert probably on a pair you weren't looking at or when you are away from your system, yet still have the time to open your charts, see if your system agrees with the alert and take the trade or do otherwise.

Ps, before you go trashing my statement on taking longer TF trades, some of us are living testimonies to trading that way and its been real good since. It's just painful to see people spending so much energy chasing systems in the mist of plenty which are very much available on this rich thread, instead of using that time to master a few and actually trade.
Anyway, make I keep quiet before I start go off-key.
Mourinho out!

caesaraba:

I agree. However, teaching a man to fish would really be better if done on a thread dedicated strictly to that. A lot of the strategies ( mostly longer T.F's) posted on early seasons of this thread are far more stable than what's been bandied around here lately. (That's why you won't see any of the old monikers saying "send it to my mail pls." It would be nice to see alerts on this thread, and then all the other stuff on a research thread. A whole lot of people would have been deep in profit if they took fewer trades, traded longer time frames and had realistic targets. The reason a lot of folks are looking for strategies that generate 20 signals in 1 hour is because they wanna double account sizes as fast as possible. Translation, taking as many trades as possible anytime they open their charts. Hard fact is, between bad network, inexperience and greed, the more trades you take fast fast (shorter TF's), the more the margin for error increases.

An advantage of longer TF alerts is that you could see an alert probably on a pair you weren't looking at or when you are away from your system, yet still have the time to open your charts, see if your system agrees with the alert and take the trade or do otherwise.

Ps, before you go trashing my statement on taking longer TF trades, some of us are living testimonies to trading that way and its been real good since. It's just painful to see people spending so much energy chasing systems in the mist of plenty which are very much available on this rich thread, instead of using that time to master a few and actually trade.
Anyway, make I keep quiet before I start go off-key.
Mourinho out!

willscolf: my broda i soppose u r right.cud u pls kindly giv me d link 2 som of dis strategies dt r profitable nd cn stand d test of time which has 2 do wit higher time frame like 30min chart,1hr chart nd a above coz am bored sittin in front of my laptop al day long watchin d 5min chart whch happens 2 b 2 erractic.thanks

caesaraba:

Do a local search on meritdee's refined boss mode. It's level of accuracy is quite high. 1 hr TF. Or you could just search meritdee and go through his previous posts.

Also, rozayx5’s VSD signal indicator works very well on 15 - 30 mins T.F on GBP/USD. It's more potent if you combine it with support and resistance lines. The S/R lines filter out the few wrong signals. That is, when you get a signal to call or put, but the signal came on a candle that is testing a very strong support or resistance, you'll just ignore the signal. Most times, you'll discover that even though you got a signal to call/put, the S/R could not be broken and the candle will close against that particular signal. Any other signal generated apart from the above scenario is really potent. (Sorry, I no know if I explain am well).

I'm not really a fan of very short TFs sha.

If you learn a little bit of price action, support and resistance (pivot points), and then combine it with any medium to long TF trading when there's no news, you'll get 98 percent accuracy. All you need is 1 pip to win in B.O and if you can spot a trend, place a trade at a very good entry point and reasonable duration, price will have the time to do all it's shakara, settle down and then move in the direction of the trend. Wether na 100 pips o or 5 pips o, your trade don win. That way, when you lose a bet, you'll not be blaming your system or having doubts cos you'll know that you did everything right but the Market decided to do otherwise, then take your loss and move on. Peace of mind. I hope I made small sense in all d jargon I wrote sha. Sleep don show.
Peace.

caesaraba:

Do a local search on meritdee's refined boss mode. It's level of accuracy is quite high. 1 hr TF. Or you could just search meritdee and go through his previous posts.

Also, rozayx5’s VSD signal indicator works very well on 15 - 30 mins T.F on GBP/USD. It's more potent if you combine it with support and resistance lines. The S/R lines filter out the few wrong signals. That is, when you get a signal to call or put, but the signal came on a candle that is testing a very strong support or resistance, you'll just ignore the signal. Most times, you'll discover that even though you got a signal to call/put, the S/R could not be broken and the candle will close against that particular signal. Any other signal generated apart from the above scenario is really potent. (Sorry, I no know if I explain am well).

I'm not really a fan of very short TFs sha.

If you learn a little bit of price action, support and resistance (pivot points), and then combine it with any medium to long TF trading when there's no news, you'll get 98 percent accuracy. All you need is 1 pip to win in B.O and if you can spot a trend, place a trade at a very good entry point and reasonable duration, price will have the time to do all it's shakara, settle down and then move in the direction of the trend. Wether na 100 pips o or 5 pips o, your trade don win. That way, when you lose a bet, you'll not be blaming your system or having doubts cos you'll know that you did everything right but the Market decided to do otherwise, then take your loss and move on. Peace of mind. I hope I made small sense in all d jargon I wrote sha. Sleep don show.
Peace.

willscolf: tnk u vry much dear

noriega: Now I would like to say something about BOM(Bets on Market). After a lengthy discussion with @demoreon (Signal Master).. I would like to give this opinion about BOM, before I start i would say I have used them for a while and seen through all there BS. Please for newbies please take note, so you don't go wasting your cash!

1. BOM is has no fixed odds: Now what does this do to you? well in a long run this would mess with your money management as your trades outcome are not consistent. And in comparison with world top 5 brokers have fixed odd, now why is that?

2. Loss on expiration price same as entry price: This is the part that makes me ask abeg BOM user una no dey see this at all? Good broker refund you your money for that trade for example if you put a call (Buy) trade at 1.5000 for 30min and at the expiration the market price is 1.5000. At BOM you lose that trade while on good brokers your money is refunded. Now the essence of trading Binary is to make money right? so why are people being robbed and they still dey do BOM? that beats me.

3. Price quotes: Have you noticed that your MT4 price movement and that of BOM are different? take a close look at it next time you are trading.

4. Gambling elements: its only BOM that does tick trades and imaginary Index (Although my guy @san4real they use am chop them wella) but I mean its just like nairabet running binary option, bros wetin concern vulture and barber? This is financial market not Las Vegas. This makes alot of statment as regards to credibility. I some time ago i read a piece where it was said that why BOM is not highly rated is because of the " Bet" on market element now they are re branding to Binary.com different name same principle. Just like when native doctor come get office for ShopRite, native doctor go still dey do wetin e dey do.

Now there are many more i can pick out but i would stop here, its just food for though. In my opinion is you would have a less chance of making it there, PERIOD!!

Now lets go GREEN.

blisszy74: you ar right bro,dat has been d problem i have wit BOM no fixed odds,no refund of money if u lose a bet,good brokers refund 10% of ur money if u lose a bet and dey delay a lot to execute a trade me i don tire for BOM........PLS if you no of any good brokers dat hv 5mins and 30min options dat will can trade any time wit dat duration, wit out waiting for d end of d hour to enter a trade......pls give us dere names..tanks

blisszy74: you ar right bro,dat has been d problem i have wit BOM no fixed odds,no refund of money if u lose a bet,good brokers refund 10% of ur money if u lose a bet and dey delay a lot to execute a trade me i don tire for BOM........PLS if you no of any good brokers dat hv 5mins and 30min options dat will can trade any time wit dat duration, wit out waiting for d end of d hour to enter a trade......pls give us dere names..tanks

stmichael001: As per duration flexibilty on bets,no other binary options broker can contest BOM worldwide!.....

naijaobi: the reason most people still use BOM are:
1. You can fund your account with just $5.
2. You canopen a practice account(demo) without having to open a real account first like in 24options.
3. BOM is regulated while most others are not..


I believe if other binary brokers can at least reduce their minimum account funding, many ppl will leave BOM..

naijaobi:
I believe if other binary brokers can at least reduce their minimum account funding, many ppl will leave BOM..

naijaobi: the reason most people still use BOM are:
1. You can fund your account with just $5.
2. You canopen a practice account(demo) without having to open a real account first like in 24options.
3. BOM is regulated while most others are not..


I believe if other binary brokers can at least reduce their minimum account funding, many ppl will leave BOM..

noriega:

well that is their standard and not sure if they would do that.

omakay:

Their bet duration flexibility is another top notch.

Between 30seconds and 365 days!!!

You can actually customize your own bet duration to the most precise second.

naijaobi:
yea..bt dats definitely d reason why a lot off ppl use bom.. If oda brokers can reduce their minimum funding account eh, many people will leave bom.. But then oda brokers are more profitable dan bom..by far sef..

naijaobi:
but then whats the need of betting in seconds and losing it the next second?
One fact many of us dnt undstand is dat oda brokers are more profitable dan bom..
See eh, if u apply most strategies here on oda brokers u will appreciate dis thread..
Have u asked urself the reason why at some stage it will look as if a working strategy released on this thread gradually fades while trading it on bom?... Bt use it on oda brokers, once u entered at d right time u are sure to win..
Oda brokers prices will always tally with the normal mt4 forex platform but BOM's own neva tallys..maka why?
Touch/no touch bet on bom is rubbish..try oda brokers like 24 options and enjoy touch/no touch..

Like i said if odas can reduce their minimum funding eh, Ppl for no dey bom.. Forget about 1 second and u cn fix anytime u like..once u av a good working strategy like d once on this thread u dnt even need the 1 second and all dat... Enter well and u will smile out well.. Dats where news trading starts making sense...

noriega:

Yes! that is why i don't think they would reduce there deposit min. like optionrally.com one of andreyy's brokers that payout $20k withdrawals via bank wire like say na uba card u dey use. 24option same, these are brokers that don't need traders to lose for them to make money.