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Zero

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Everything posted by Zero

  1. Steady on the close as expected, XJO 5886.00 up 17.20. Ladder (5885) safe as is the 10-20 range. You can see how binaries require a bit of strategy and making trades up on the go as the market moves. BHP and RIO up 1.4% today, and the big banks almost 1%. Selling has persisted after the cash close so despite the positive day the sellers have taken advantage of the rally. Volume less than average for the cash market, a touch above average for the SPI. The Dow has come off a touch too. Yet these prelims can often be trumped during the US session. $AUD has been positive for most of
  2. The weekend somehow erased the 200pt fall of the Dow from the collective minds of traders so that on Monday everyone was keen to buy. There was a strong lead from the Dow futures on the open, and the SPI opened strongly, had a slight pullback, then ranged higher. Selling kicked in at the first high, just before 12pm, dropping the market a good 20pts, but then into 1pm it rallied back strongly to be near the highs (hence the ranging higher - large range). The bigger players were selling into the initial strength. All of this nicely under control. Then in the afternoon it was put on autop
  3. Just to wind up the challenge for the week (see message 59 in this thread). The starting balance was $5000 (or 5000 pounds - doesn't matter to me - trades would be the same, or better as you would have more AUD to trade with using pounds). Monday - two binaries posted, buy at 31 (and 50) and 38. Could easily do 10 contracts for each. So that's 69 and 62 profit. There was a 50 buy for the same binary, at 3:52pm. 181 total. Now that the balance has grown above $5000, can easily do 10 contracts every trade. They were all pretty well timed too so should be legit. Tuesday sell 72 and b
  4. Close was more of the same. Good thing we didn't sell that ladder (5865) - XJO closed at 5868.80 down about 12. This is one of the golden rules of binaries - don't let the price of the binary over-rule your analysis. There was a riskier ladder (hourly) 5867 but that was a buy for 54 at 3:50pm. That was over-priced then, so not interested (even though it would have gone to 100). Range range range. That was the story of the day. China has weakened some more after 4pm but since has stabilised. Big picture things are still brewing...
  5. The markets snoozed into the weekend with a range bound day. Panned out as expected (posting off-base for this week) and the best trades - maybe the only trades - were binaries. Did nothing on the open, a small surge at 11:30am took off at 12pm and found a high. Nothing special that I can see about the high - turned and then fell back strongly - up 12 down 16. That was into 1pm, which set up some nice binaries. I was expecting something like that, so at 11:30 got in to some 1pm binaries - which is much earlier than I would, but I had a good sense of today. They were cheap - the down 0-
  6. I'll give you points for honesty and having a go. You're right, but that's why I relied on binaries to trade it. Seeing as we made it a week long experiment, I'll post a potential return on our $5000 tonight. I understand too your EA demo needed more time and over a year might give the 80% return you promise. This week doesn't prove too much. I hope the Hang Seng is a bit more lively.
  7. Well, I solved the mystery of my lost article: back on the 17th April so the tick can be for that... The FX market at the time apparently didn't react much. Funny that Trump accused China of devaluing their currency, then they just go right ahead and devalue. They don't seem to care... The new RRR comes in April 25th, but of course the markets are going to move before that.
  8. Cash close was tricky - the SPI returned to lows, while the XJO popped 1pt to keep that ladder binary 5880 safe, XJO closed 5881.00 (+19.60). Then with 10mins to close the SPI sold off to new lows. Seems to be following the Dow futures and Europe. Controlled selling nevertheless, the bigger players again more visible today. Might set the tone for tonight.
  9. I agree I saw that RRR news yesterday and wondered why it didn't lift our market (Chinese market stronger) - it must have happened after we closed (explaining our strength overnight - that's Wednesday night). Can't find where I saw it. Will have to investigate.
  10. Strictly business sort of day. Despite the strong lead from commodities, and that the SPI held up v the Dow coming off in its last hour or so, we didn't build on those positives today. An early surge on open relaxed back into a range into 1pm (about a 20pt range). No real binaries as the price was in between levels and priced so that there wasn't any advantage in trading them. Generally selling off over the morning, which picked up pace a touch into the 1pm expiry and after, making a new low mid afternoon and then ranging off there ie. higher. Only by about 10pts, a third of the day's ac
  11. Maybe they read our forum... Hmm... Good analysis by the way, jokes aside.
  12. 0.1 points - the difference between 0 or 100, and why binaries can seem unfair. The selling pressure continued till 4pm, then some buying kicked in. The SPI only moved 3pts say, so kept to the tight day theme, but more-so buying. Then right on the 4:10pm close, a dump to push the SPI lower, but but but the XJO put on about 2pts to close at 5861.40, up 19.90 !! Close, but no - the suggested binary - range up 10-20 expired at 100 by 0.1pts. Which is a trade you don't ever brag about. I kept half an eye out on the 5860 ladder, which would have cost me if I was pushing things. Depends on
  13. Lackluster afternoon of trading. I didn't stick around, better things to do - and with a range of about 7pts I'm glad I did (who needs an EA). There was a small surge into 2pm, and then it has ranged up at that level for 1.5hours, just starting to come off a touch now. However the Dow is stronger +65, the Nikkei has surged +325 (see , Indicies) and China has gone from being down about 13 to up 13. The USDJPY is also about 300pips stronger. There was buying early on, but that has eased and the sellers are keeping a lid on things. There is a really good priced binary (range 10-20)
  14. Market ranging. Early selling steadied, ranged higher, fell to low of range, then rallied again to the top of range. Relaxed into 1pm. Steady buying but tight, and slow. Dow futures up about 50, the Nikkei up 270 (1.3%) and China down 11 (0.3%).
  15. Following the style of the Donald, just posted some live trading pre 1pm binaries. IG were being quite generous in their pricing to be honest. There is no way Sun Tsu and the art of EA can come close to that... Sorry - just saying.
  16. ? That's funny but probably not intentionally. Is that like "bite me" I wonder...
  17. Just to add - IG's ASX200 is open 24hours. Yet their spread varies according to the opening of the underlying (real) ASX200 (XJO) and the SPI for the night session. So when the XJO is open, 10am till 4pm GMT+10, IG has a one point spread. After 4pm until 4:30pm (GMT+10) their spread is two points - there is good liquidity still with the SPI but the XJO is closed so to speak (4:10pm exact closing time, off market auction I believe for those 10mins). The SPI is closed for 40mins after 4:30pm, yet IG will still make the market, with a 5pt spread. At 5:10pm GMT+10 the SPI will re-open
  18. Ouch! A negative bias (my suggestion) for the PM close was more like monster liquidation. Everything was going ok, even put in a small rally with 5mins to go, the range binary safe and getting safer on the rally (was only up 2.60 which was close to ticking over into a new range - but rallying higher kept in in the 0-10 range). The rally bought another binary into play - the 5845 ladder, which IG seemed to misprice - 72 sell generous. Worth the risk, but then the rally popped the XJO up to 5848.10 +6.80. So while my range was safe, that ladder was a risk. Selling at 72 meant a loss of 28
  19. Twin peaks - today's meanderings from a charting perspective. Morning rally didn't muck around, a small surge waited for the cash to open, then trended higher by about 25pts. Stronger selling there took a little while to assert itself, but then the market (SPI) fell back to near the lows/open (30pt fall). Then it turned pretty quickly, and rallied higher into 1pm. Well there was a spurt, then it went pretty quiet... then in the last 5mins before 1pm expiry there was a decent surge with momentum taking the XJO over the +20 range. It was pretty last minute, and more like scalping a binary,
  20. Looks like the same algo as the SPI - too precise to ignore...
  21. Perfect close for binaries. The market relaxed just after3:30pm, to low and then only found some buying in the last 5mins. That however continued after 4pm, keeping the XJO steady on it's 4:10pm close (and binary expiry). The two I was watching were priced quite well - meaning a good buy - for 30mins at least. I was watching the range binary up 10-20 since 3:08pm. It was 47 then (buy) - Then come 3:33pm when the rally faded, it was a steal at 38buy (XJO +10.80). Funny thing happened then - this is the tricky game with the range binary. It became more expensive as the market fell a tou
  22. Nice It's almost a law of physics - abhorring a vacuum sort of - gaps and the market... Mmm, Trumped by London though this time the French have smoothed the waters for him I think. The Germans are reminding everyone what a grumpy Russia is like historically.
  23. Ok - maybe a bit dramatic, but if we didn't have the ridiculed "Mission Accomplished" tweet, things still might be a bit more testy... Markets are a bit lost - early selling with a gap on the open (something to watch) slowed, reversed right up to the gap (5834 SPI, open 5835) then fell back to the low (without filling the gap). All very very (very) precisely controlled. That is despite the open, which jumped the gun a bit with the Dow futures setting the scene (up 180). The SPI took off higher about 10:30, but then seemed remember Russia, China, and settled back down, ranging into and
  24. Hi - ok - someone else on here or from IG should be able to help you out in the next few hours. It is a bit odd.
  25. Hi What about trying the Australian website? Maybe that is set up for HK Apple? https://www.ig.com/au/welcome-page Apologies if this is obvious and you've already tried it. I can't talk from experience as I don't use Apple stuff.
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