MO's MBT Micro

[JESGPY]

thanks man

Ill look at the demo offered at the UK offices.

JUAN

I wrote an email to Ig yesterday and they have told me that in the Liveplattform, all options are available.

oh well.. i dont understand why would they offer that on demo.
anyway ill keep learning about options.. they seem interesting to me

JUAN

[Braathen]

****EDIT****

figured it out

[JESGPY]

Mo i have checked you entry system for options and it look really good.

I have a question.. how do size you options, how do you decide the lots you trade .. i would like to aim for a 3 to 1 risk reward.. i have seen i can get that easily trading you system

i attach a picture of the trade i would have taken today.





thanks for your help

JUAN

[JESGPY]

MO this are the options i have to set my options(binary)





JUAN

[MightyOne]

Mo i have checked you entry system for options and it look really good.

I have a question.. how do size you options, how do you decide the lots you trade .. i would like to aim for a 3 to 1 risk reward.. i have seen i can get that easily trading you system

i attach a picture of the trade i would have taken today.





thanks for your help

JUAN

I tend to be a LOT more aggressive with options.

That said:

1 contract per $200 if you enter at B<10 or S>90.
1 contract per $300 if you enter at B<18 or S>82
1 contract per $500 up to the price of B=38 or S=62

[JESGPY]

Mo i have checked you entry system for options and it look really good.

I have a question.. how do size you options, how do you decide the lots you trade .. i would like to aim for a 3 to 1 risk reward.. i have seen i can get that easily trading you system

i attach a picture of the trade i would have taken today.





thanks for your help

JUAN

I tend to be a LOT more aggressive with options.

That said:

1 contract per $200 if you enter at B<10 or S>90.
1 contract per $300 if you enter at B<18 or S>82
1 contract per $500 up to the price of B=38 or S=62

MO how do you read the following. I extracted it from your last post

B<10 or S>90.
B<18 or S>82
B=38 or S=62

Thanks

JUan

[rushN4]

Hi Mo

the distance between the Options are not the same on Igmarkets.co.uk.

On Nadex the distance between the options is 20pip and there are more available.

is this a problem for trading this method?

[Braathen]

Ok so i got the fibo setup and its hopefully time to trade long when its going up and short when its going short!! This 1/6th thing is uncanny.. good stuff.. anyway i set up an 8h GU chart and put up my fibo and waited for a trade.. waited for hours finally daily candle went green and GU 5m closed past my fibo (pic2).. pics say the rest.. gonna be doing this again today.. i dont have the mfar thing or anything... just made the fibo from MO's example a few pages back and looks like im on the right track.. any feedback will be greeted with a smile as always

[JESGPY]

Braathem .

I am doing the same thing but with 6h charts.
I am looking forward to trade this with options as soon I understand them completely. I checked the whole month on october and only found 2 losers on GU.

This seems to be a simple but powerful Strategy.

JUAN

[MightyOne]

Hi Mo

the distance between the Options are not the same on Igmarkets.co.uk.

On Nadex the distance between the options is 20pip and there are more available.

is this a problem for trading this method?

I don't think that it should be a problem...

Just create the 20 pip strike in your head and use the imaginary strike as your reference strike.

When you are 10 pips from a strike, that is your closest strike (reference strike) and you look to enter on a strike that is 2 or 3 strikes out.

If the strike that you wish to trade is "missing" then you have a problem.