For the past week during the London into New York overlap price has been dipping down for a daily entry finding your close at or just after the close of the New York session. I marked the entries and exits with a red rectangle on each day this pattern has been currently appearing.
Alot of money has been made this week so far. GBP/USD showed us a strong bullish candle for the previous hour giving us signs of a Sell opportunity for the next hour. Our plan was to go short and set and forget until expiration time of 8:00am ET.
We won and that's all we have been doing all week is win win win!
E/U did exactly what we were expecting. Bulls were taking this short term trade way above our strike at 1.1082. When we trade binary options we execute to the highest advantage. On this trade we saw strong support along with key indications in result making this opportunity a profitable one ending the morning with 4 wins 0 lost. Now lets see what this...
I use these indicators mostly for trading binary options. I find it helps with a cross of scalping and a little bit longer trades. meaning i place trades that last 5-15 min depending on how the market is moving at any given point in time.
Stochastic %K is >80, MACD Line is pointing to a down trend with a crossing, RSI is at 67. Economic news releases at 1000 today along with Fed speeches. For a Binary trade, <25929 with a 11:00am or 4:15pm expiration.
IN THE CHART,
THOSE RESISTANCE LINES ARE BEST PLACES TO MAKE A PUT => DOWN=> SELL PREDICTION
THE MAXIMUM BEST DURATION IS
4, 5 TO 10 MINUTES.
I EXPECT 75% SUCCESS AT LEAST.
TRADE AT YOUR OWN RISK.
PLEASE USE JUST 2.5% OF YOUR ACCOUNT MAXIMUM FOR EACH CALL.
This is wallstcj from The Forex Square, and I believe that USDCAD is now overextended to a point where it might be stalling for a new uptrend. After the uptrend we will look for a 75% retrace on the daily to sell it for the next month - 3 months.
This is the first TradingView indicator EVER to include dynamic support and resistance lines from upper or lower diagonal highs and lows in real-time.
Note: This indicator has been built using Pinescript V2
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