Binary Trading made simple - MT4/MT5 Resources

Simple binary trading

Hi Hi, I did some testing with the binary on my system.

Pairing involves: EU, GU, UJ, EJ, GJ

Basically I use 2 MT4 terminals, 1 for M5 charts and another for M15 charts

Basically what I do is, first, I confirm the trend for the day by looking at the day's opening price compared to the current price. (Thanks to Udine from 00level trading)

If the price is below the open price for the day, I will conclude that the trend is down.

Next I made some charts...





Basically I use sonic classic charts to see the price flow and genesis m5 (with slight modifications..) to see the entries with trend lines.

Both systems are easy to learn.

M15 confirms the general trend (sonic classic style)
M5 confirms entry

I play 10 minute expiration binaries with a payout ratio of 84-85% and I get some risk free trade quotes from my broker.

Therefore, I usually take risk-free trades because risk-free trades are limited to only 1 trade, and I happen to win.

Here are my binary statistics for the day

I use Fibonacci calculations to calculate my entry amount.

24 29 65 141 315 etc.. most of the time I hit 3 in a row at most, only once, but okay, it's still pretty easy.

So what did I do to make this money?

1) Risk-free trading <-win or loss is settled based on trading volume
2) Enter the market with m5 and m15, do not enter against the trend.

Attached are my trading results. Not very impressive, but enough to do something extra.

I also trade spot FX. Just binary trading provides some extra cash with this strategy

The entry amount depends on the individual, it is just a system and I am just sharing how I make money using this system in binary trading.

Any questions about binary trading or anything you can post here or PM me.