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JESGPY
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Postby JESGPY » Tue Nov 24, 2009 12:40 am

rushN4 wrote:
JESGPY wrote: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

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Braathen
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Postby Braathen » Tue Nov 24, 2009 7:01 pm

****EDIT****

figured it out
"Trading is the ability to see & to plan & to act; it is not crystal balls, precision entries, and ego stroking."
MO-

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Postby JESGPY » Tue Nov 24, 2009 9:27 pm

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.

Image



thanks for your help

JUAN

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Postby JESGPY » Tue Nov 24, 2009 9:45 pm

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


Image


JUAN

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MightyOne
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Postby MightyOne » Wed Nov 25, 2009 4:07 am

JESGPY wrote: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.

Image



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

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Postby JESGPY » Wed Nov 25, 2009 11:21 am

MightyOne wrote:
JESGPY wrote: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.

Image



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

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rushN4
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Postby rushN4 » Wed Nov 25, 2009 12:18 pm

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?

Image
Image
Last edited by rushN4 on Wed Nov 25, 2009 12:28 pm, edited 2 times in total.

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Postby Braathen » Wed Nov 25, 2009 12:20 pm

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 :P 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 :)

Image

Image
"Trading is the ability to see & to plan & to act; it is not crystal balls, precision entries, and ego stroking."
MO-

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JESGPY
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Postby JESGPY » Wed Nov 25, 2009 12:39 pm

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

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Postby MightyOne » Wed Nov 25, 2009 4:51 pm

rushN4 wrote: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?

Image
Image


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.

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