Nadex Binary Options | Is This A Safe "Option"?

Good Day all, I stumble on this webpage while educating myself with binary options. This "broker" does not offer MT4 as a trading platform. They offer their trading via a unique real time chart that is all web-based.

So what is Binary Option Trading?

In short they are straightforward low-risk derivatives. Based on a simple yes/no proposition, they offer an intuitive way to trade the financial markets with relatively low collateral. The difference with Nadex is that I believe it is the only options broker that is overseen by the CTFC(Commodities Futures Trading Commission).
Here is an example of a typical Binary Options Trade



Will the price of gold be above $1625 at 1:30pm? 

If you think yes, you buy the Binary Option. If you think no, you sell.

The price at which you buy/sell is not the actual price of gold, but rather a value between zero and 100.

For example, Gold > 1625 (1:30PM) may be priced at 42.50/48.50. The first figure is the bid price (sell), the second is the offer price (buy).

Binary Options Trading can be traded with Forex, Indices, Commodities and Stocks, pretty much anything available. They can be traded Intraday, Daily, Weekly, or any specified time frame, including 1 min. quick trades. 

They offer Demo accounts with no commitment to US residents. I have included the link here;

Nadex Demo Trading

If you wish to start trading Nadex with real money, you can get started with as little as $100. Your funds are segregated in US banks for security purposes. There is even price protection from market "spikes".

Of couse there is the ability to trade via mobile device as well. Please let me know if anyone has experience with this company as I am very interested. I will probably set-up my own demo account to give this a test drive.

Broker Monster Forex Robot | Destroys The Competition?

Good Day all, This Forex Robot in actuality is a trade copier signal service where the trades are sent to the client terminal via a master server.

Upon landing on the webpage, one cannot doubt the similarities with the look and feel of the WSFR webpage. Not only this but some of the content is exactly the same. I wonder if this is developed by the same team?

When you purchase this copier you get to use their VPS service for no additional charge. This I believe is a great value as VPS charges can be large indeed.

There is a photo of a BT on the webpage, but it is only a photo and cannot be viewed. I don'y see how you can BT this as it is a trade copier? Maybe they are using their own EA as the master trader sent to client terminals. Regardless here is the results of the BT.

There is a live verified account running by the vendor. Below we can follow this account as it is updated regularly. At time of writing it was doing very well.

There are 2 price plans. For a single license we are charged $299. You will need at least $1000 to start trading this. You receive free updates and a performance guarantee. In addition you get the aforementioned VPS service. The other plan costs $489 with access to 5 live accounts. You will need to provide the vendor with your account numbers for trading.

The website states that only 10,000 clients will be allowed to trade this. So if you are interested in this I advise you act soon.

This may turn out to be a great trade signal service. What I don't like about these type of trading setups though is the lack of control over you account. Also what happens to you account if the vendor falls of the planet? Just my 2 cents though!

Let me know if anyone "takes the plunge" with this one!

Edit: This will only be available on Alpari UK accounts!

BROKER MONSTER ROBOT

Powerful Scalping Robot | Worth A Look?

Hi Guys, here is a robot that trades on the 5 min TF of the Euro/Usd. It appears to trade similar to the Joker EA, which is derived from the WSFR. Let's look at a 99% BT performed from 2007 to date.

The selling point (if you will) with this one is, apparently it has an accurate entry signal and trades at a high frequency rate. This can be good for profits but can lead to higher DD as well in my experience. The screen shot of the trading chart even looks like the Joker EA.

There is a forward test the vendor has running, but it is only a demo account and many trade details are hidden. I don't know if this is intentional or not.

This system may bear watching in the future as it is somewhat based on the WSFR. Let's see what happens in the future with this one.

POWERFUL SCALPING ROBOT

Wallstreet Forex EA | Continues To Impress!

Good Day, The Wallstreet Forex EA continues to return some nice gains even through these tough market conditions. The EA currently is on a winning streak with the addition of a new version just released. This new V4.5 incorporates a news filter which can be used for high impact and medium impact news across the 3 recommended pairs. The graph below is an up-to-date representation of its performance.

With this new version 4.5, we can really fine tune exactly how and when the robot trades for us. Some of the features included are as follows:

>News Filter
>Monday start hour
>Friday exit to avoid weekend gaps
>Alternative settings for popular pairs
>Updated to current market TP and SL values via server

With this much customization it amazes me this system does not cost more than it does. Let's now take a look at the low DD settings available to users in the members area.

With all the customization and this kind of performance over 2 years in live trading, it is no wonder users are raving about this great forex EA. Long live Wallstreet Forex EA!

READ MORE ABOUT WALLSTREET FOREX

Wallstreet Forex EA | More Settings?

Good day all, Today I want to show you a quick backtest I made
This backtest is for the Aud/Usd pair and it uses the new Gbp30 settings originally for the Gbp/Usd pair.
While the DD is a little on the high side for some, I believe this is a tradable pair for these settings. I especially like it for "long": trading only as I believe the 90 pip TP could be hit a few times. The Aussie historically can breakout to the long side rendering large pip gains.
-->

The Set file for this backtest is listed below: Note: this is using the latest version of WSFR V4.5

Max Spread=3.5
AutoMM=7
Trade Long ONLY
Recovery=True
Friday Exit=True (close 1 hour before market close to avoid weekend gaps.)
News Filter=True (Set for live trading; will not affect backtest.)
Everything else is default except expert comment.

This post is for reference only as the DD may be too much for some.

Note: most of the DD was taken around 2008 when the markets went haywire with the market crash.

Trade these Settings

Wallstreet Forex EA | 2 Year Anniversary Discount

Hi guys, I just received notice from the Wallstreet Forex Team of a 35% discount for the next 50 customers

"With the new trading settings - Wallstreet Forex Robot traders will have more tools to use to get the most return from the market."

"These settings are designed with different goals - a lower drawdown, a higher trading frequency, a higher total profit."

"The update proves that this software isn't a "sell it and forget it" product. We stand behind the product and will continue to update it to offer more value to your visitors."

The Wallstreet Robot performs best on the Eur/Usd pair with the "Eur33" setting applied see below:

This account has only realized just under 7% DD over a span of about 1.5 years live trading conditions. If you are looking for a low DD trading option look no further.

The Settings used on the above account are as follows:

Usecustompair=True
Usesettingsfrom=EUR33
Recovery=True
AutoMM=7
AutoMMax=20

It is also worthy of note that the vendor has prepared other advanced settings for the Gbp/Usd pair. At time of writing the performance on these settings were not good

VISIT FOREX WALLSTREET SITE

State Of The Euro Analysis | April 23

Hi guys, recently the Euro has been very volatile and not trending very much. But as we can see below overall the dollar is getting slightly stronger versus the Euro. This type of market favors our manual trading friends, see below.

When the market is raging like this, its basically a "buy low sell high" kind of market. This level of volatility usually does not favor most EA's, unless you are trading a grid system. We all know the problem with grid traders, they are simply too risky over the long term. One big move and you could be facing a margin call.

The above chart was drawn over the past two weeks. Long term outlook for the Euro is for it to begin to rise. Let's hope this forecast comes to fruition. 

Confirmation of a strengthening Dollar can be seen on the USD/JPY chart below.