Hey traders. As I’m writing this, it’s Tuesday, and we just completed our 2nd session of the week. You may also check out Monday’s results on my FB page HERE. I’ll be alternately posting between there and here from now.
Winning Streaks of 4 or More for >10% Daily Binary Options Profits!
So far the week is progressing well. Yesterday and today, we had 4-trade winning streaks. And as mentioned in my recent FB Page Post, it’s a really powerful concept to just aim for 4 or more consecutive wins, and end day’s trading. Because, if you’re investing between 2-4% per trade, you can easily get 10% daily gain, in under 30mins work, considering that at Binary Lab, I teach my students to focus on trades lasting 1-10mins in duration – and usually on the shorter end!
How Will The Rest of The Week Go?
While market movements on the short term M1, M5 are going great, as mentioned in this week’s Weekly Outlook blog post, GBPUSD dropping below 1.23 and USDCHF rising further against this year’s open price can trigger some very different behaviours from what they are now. I’m thinking along the lines of… gradual rises or drops, with consolidations, a.k.a. “Staircased Candle Movement”.
Trading Recommendations
So what I plan to do is to take things one step at a time, take highly-confirmed trade setups (fibos, oscillators, bands, etc), and not pursue the ones that don’t work. Go bigger on more “likely looking” trades, and lesser on the more ambiguous ones, i.e. retouches of previous highs/low, as those can possibly break and run on.
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Check out some of the trades we did today…
Good trading,
Julian Wong
Founder, The Binary Lab
P.S. Follow us on FB at http://facebook.com/thebinarylabpage
Yuo the man! Love yuor webinar!
You’re most welcome!