MO's MBT Micro

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JESGPY
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Postby JESGPY » Thu Nov 19, 2009 3:18 pm

i am liking this MO.
Please continue.. till it completely get it

JUAN

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MightyOne
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Postby MightyOne » Thu Nov 19, 2009 4:21 pm

The price you pay for a binary option is simply your position in the market.

You DO NOT PAY THE SPREAD...

you only accept a position on the chart.

What you do pay are COMMISSIONS.

The black X marks the strike that you are interested in purchasing.

If you short then you can only lose money from your entry to 100 and make money from your entry to 0.

If you go long then you can only lose money from your entry to 0 and make money from your entry to 100.

If the option expires and price closed above your strike then you receive the maximum payout/loss of 100 minus your entry price.

If the option expires and price closed below your strike then you receive the maximum payout/loss of your entry price.

If the 132.70 option is accepted at the position of 8 then your max risk is 8 pips and your max reward is 92 pips.
If that same option is accepted at the position of 58 then your max risk is 58 and your max reward is 42.

Each 1 pip move is ALWAYS $1 per option even if the real pip value is more or less and you do not receive or pay interest on your positions.

You should target 40 pip moves at the very least when trading Binary Options.

The numbers in blue simulate the position being offered for the strike of X:

Image

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MightyOne
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Postby MightyOne » Thu Nov 19, 2009 4:37 pm

Image

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JESGPY
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Postby JESGPY » Thu Nov 19, 2009 4:46 pm

Mo we take trades like this right?

Image

and we trade we take the triggers with this conditions

"I trade the 6 hour with D1 color, 8 hour with W1 color, etc."

one more question.

How you we decide how long we let the trade run..

thanks for the answeres

JUAN

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Postby MightyOne » Thu Nov 19, 2009 4:57 pm

JESGPY wrote:Mo we take trades like this right?

Image

and we trade we take the triggers with this conditions

"I trade the 6 hour with D1 color, 8 hour with W1 color, etc."

one more question.

How you we decide how long we let the trade run..

thanks for the answeres

JUAN


Risk is 1/6 to 1/4 the range.

I am looking for at least 1/2 to 2/3 the average range in profit.

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Postby JESGPY » Thu Nov 19, 2009 4:59 pm

The range of the 2 previos candles right?

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MightyOne
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Postby MightyOne » Thu Nov 19, 2009 5:03 pm

That is correct.

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JESGPY
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Postby JESGPY » Thu Nov 19, 2009 5:06 pm

Thanks a lot MO i am gonna test this and how does it go..

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Postby JESGPY » Fri Nov 20, 2009 3:02 pm

MO.

I dont wanna bother.. but can you explain a little which is the concept behind this trading method.

Thanks for your time

JUAN

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Postby MightyOne » Sat Nov 21, 2009 6:24 am

JESGPY wrote:MO.

I dont wanna bother.. but can you explain a little which is the concept behind this trading method.

Thanks for your time

JUAN


When price is moving up and you buy...:lol:

Maybe we'll get into details later.

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