Hi there, I am wondering when Dukascopy forum is too calm despite the number of user? Too bad!
This is my first post. I am practicing binary options since 2013 and tested tons of method. I jumped from indicators to indicators, from indicators to Price action, from PA to indicators again, lol all possible combinations.
At the end of the day I've found that 'traders' tend to ignore what matter the most in the market:
VOLATILITY.
No matter how effective your method is, if you ignore market volatility you won't make it. Trend trading strategies will work at time of high volatility and range trading will be effective during low volatility time.
Try to trend trade the EURUSD during Asian session for example you will lose your money. Try to range trade during UK open and you will also lose your money.
You must know what your system is about: a range trading method or a trend trading approach.
So my methods:
1-Trend trading during time of expected great volatility: UK,US,FRANCFURT SESSION OPENS and after high or medium impact news release
2-Range trading during late US to Tokyo open. (I've got the best performance here).
I tremendously reduced my screen time once I start using volatility and time filter. So it's really boring not to trade most of the time of the day(I really want to trade non stop
). I decided to screen record my trades to fill the gap by editing and publishing after.
Then I realised that by editing the videos I am also reviewing my entries
, seeing where I could have done better etc. That's great.
I recommend.
Below is the screen of my last range trading during the late US session(low volatility). Thu 14 jan 2016
I trade binary options with dukascopy
