Sure there are videos out of on my channel where I break the rule and maybe the trade still worked but this is just a general guideline for better low hanging fruit to trade around. Holding a losing trade that is acting up on you: OK I held the trade until the last minute literally LOL but again this was because I am taping a trade to share on youtube and I knew it.

In a serious trade with however many contracts it is better to preserve your capital by cutting losses and saving that money for a better trading opportunity that I can almost guarantee you will show up in the future. A tip is that I had every intention of a fast scalp and when that did not work or when what behavior you are expecting to see from the market after you get in is clearly not happening just take your ball and bat and come back to play another day.

The market owns the field but you decide when or if you will play at all. Time means a lot in Binary options Trading: At first Theta Just jargon for one of the Greeks that represents time value in these contracts will be on your side.

Now Theta is just cool jargon to share with trading buddies and make you sound smart it is a word that is all. Now let me share simple street sense aka common horse sense. If what you thought would happen has not happened in 1 hour 13 minutes there is just very little chance of it happening in the next 3 minutes. So as Theta dries up the Market maker will jump what he is going to pay you for your almost worthless contract every which way but loose. Think of the Binary option like an hourglass with the sand running out and that sand is value.

This is why holding until the end is most always not a good idea. Scalping OTM or ATM requires less volatility in your favor to get in profits: OK lets run 2 scenarios here. a: let's say the counter party Trading against you has at least the same risk as you on the contract or even more risk than you on a contract.

B: let's say the counter party Trading against you has less risk than you on a trade like in this video. So since there was less risk on their side for the trade from it's inception this is another reason why I had a harder time getting out. This trade is funny to watch play out but I only got filled because I did get a pop at the end and this model has strict linear criteria to value a binary options contract, We are all humans and we can decide not to buy a contract only half a pip in the money in the last 45 seconds when it was out of the money most of the last 1 hour 57 minutes.

Nadex 2 hour Trade Strategy 08 OTM Scalping Strategy I am scalping a nadex 2 hour trade OTM out of the money slightly in this video. This was one of those really fast trades that just worked out smoothly and I was able to get in and out of this 2 hour long binary in just minutes and tape it to share here on Youtube.

Key points:. A: Price action: I was waiting patiently for a good impulsive move combined with that proven level that we hit earlier on in the day. We got back up there and first and foremost this price action playing out got me in from a subjective standpoint. This is more objective to me and I combine the price action levels with this and let them work together helping me plan and time my entry. C: Time of day: This was around lunch time for guys in New York so I was thinking we would get some of the slow down at a point because most guys would go out to eat and be away from their trading desk.

D: Always give OTM trades as much time as you can to play out: I don't want to take OTM scalps in the last of the binary options I want to be around the mid point or earlier so I have time for what I am looking for to happen.

Lets play would you rather. Would you rather pay This cam be the same contract and even the same amount of risk but who is getting the biggest bang for their buck in this example? Nadex 2 hour Trade Strategy 06 OTM Scalping Strategy This time I am trading an OTM Out of the money binary option with the intent of scalping if it can get back into profit before my 2 hours are up. I had 1 hour and 49 minutes on this trade when I got in but the entire duration was about 26 minutes from start to finish.

I try and take you with me throughout the trade and I zoomed the chart in around the end so we can get a good look at the price action that got me in. B: When I am going to do a Counter trend trade against the dominant trend then I do not expect this to hold forever. That is why I got to get in and out and did not expect to have a reversal all around on the day. Yes you can get in at the reversal of the day sometimes and that is fine but this was a 2 hour binary option OTM trade.

I am not concerned with picking daily reversals when all I need is a bounce sometime in the next 2 hours. C: When I am doing out of the money trades or ATM then I want to set a recent place that we have been to use as my target to get out. D: When trading Nadex OTM: I used to use a Bible axiom of "don't glean the vineyards ".

E: Give your self time to be right: When trading OTM trades especially counter trend like this one then give yourself time to be right in your scalp trade. Nadex 2 hour Trade Strategy 05 consolidation trading strategy May 19 This time I am trading as the market is in a consolidation period on Sunday before the London open.

I got in on a ITM sell as there was a push against the longer term down trend. when the market is consolidating with only a little momentum it is not time to trade a bracket so that is why I am doing this ITM binary options on Nadex as I see strange behavior volatile push up in a consolidating market that is drifting down.

A: Time of the trade: This was a Sunday trade before the London open. So the market was consolidating with a slow drift to the downside. This is sort of a time based trade that can recur on Sundays as the forex markets start the week after a series of Down days.

B: Determine a Bias: Is the market trending up or Down on the given time you will be in the trade. I am using the Channel surfing template for a birds eye view of the day it is free on our website.

C: When you determine a Down Bias then look for ITM above where the market is on a push up. When you determine an Up bias then look for ITM trades below where the market currently is on a push down. NOTE: I determined a down bias and got in on a push up in this video.

I wanted a strike above the recent wicks at that price. The wicks were below the strike and the top of the average high prices for 6 hours was below that strike. Again I got in on a volatile push up in the middle of a consolidating market before London. E: Trade with the longer term trend: This is the same market that sold off all of last week on the daily and hourly charts.

So the bears seemed to be still in control and I just needed it to stay that way for about 54 minutes or so. Nadex 2 Hour Trade 04 May 16 In this Nadex 2 hour trade I am doing a news trade riding momentum for a little twist on how I usually do these trades. I lost Audio on the entry of the trade but I salvaged the last few minutes of this live trade and I am going to talk in detail about how I planed this trade at the beginning.

I am trying to help fellow traders know how to avoid and how to use news on your side when trading forex pairs on the Nadex platform. A: I rarely trade around news but when I do then I like to look for strong trends on the longer term price action charts. If there is really a trend you will see it. If you do not see it yet then wait and do not force the trade. We had been having nice down days all week. This may mean some of the report was priced in but when momentum keeps flowing in the same direction after the report then you are not just trading a news pop alone.

Instead you are following an established weekly trend with news on your side as well. B: Wait for the news to get out of your way before entering. I had to wait for the high impact news to see how the market would react. Check on our site:. set it for your timezone and make sure you are not going to trade around news unless this is your intent to do so. C: Understand the news : When you get in a trade and it goes against you.

It helps to understand all the reasons that you got in. That is why I talk a little about correlations and fundamentals in this video. I explain the Base and quote of a currency pair and how the news will effect money flow out of Europe and into the USA on a day that the news plays out with bullish sentiment. This will make USA markets strong and banks moving money for large clients will sell Euro Dollar bringing that base side down.

Banks and forex flows are at the top of the food chain and can help your trade even if it is a short term trade. D: I was trading the momentum and had to wait at least half way into the hour to get the news so this means I was only in for like 20 minutes or so.

When I am trading momentum I want to get in closer to expire time and just ride that last bit out, I want to see the behavior and be sure it will hold for the remainder as best that I can do so. Please watch the video carefully and feel free to write if I covered something in the fundamentals of the news or price action that was not so clear to you.

NOTE: Channel Surfing Template Shown in the video can be Downloaded here Free. Hi everyone this is another Nadex 2 hour trade that I done in Demo this morning. I want to go over the basic approach that is used to find these setups but also I want to point out some of the differences that there will be from demo to live trades.

Also I will talk about Volatility and why I did not want to take this trade live. Knowing when to sit on your hands and avoid close or losing trades is part of what will help you be profitable trading Nadex in the long run. Again here are the key points to this Nadex 2 hour trading strategy. A: Determine a Bias: Is the market trending up or Down on the given time you will be in the trade. I am using the Channel surfing template for a birds eye view of the day it is free on our website here.

B: When you determine a Down Bias then look for ITM above where the market is on a push up. C: There should be 40 minutes to one hour left in the trade and I honestly think that closer to one hour will be better for the pricing. This pricing will also call you out of forcing trades and in the long run that will benefit your trading. Remember your In the money trades are the market maker or counter party's OTM Out of the money trades so you want them to pay you as much money as you can get for that trade don't you?

E: Know when to sit on your hands: Avoid low volatility in the markets because this can lead to tighter two hour trades even when you are in for one hour. Avoid times when you do not think you see a clear trend or cycle in the markets.

Don't force a trade instead let the market breakout and then fade or take the strong breakout that is shaping up after a squeeze in the price action. Avoid trading when there is news coming before your trade expires. Check on our website first to be sure there is no news in your way. Link to the news on our site:. and holiday hours. Trading hours on Nadex encompass both what other exchanges call regular trading hours or the trading session—traditionally the time between the opening bell and the close—as well as after-hours trading.

Individual markets have their own trading hours which may be slightly different from the exchange open hours. You can find them on the contract specifications page for each asset class:. Nadex traders need to know a market's trading hours and contract duration for every trade placed. As the contract approaches expiration, it loses extrinsic time value. In every trade, you can choose your initial cost, maximum possible profit, and time frame. You will always know your maximum risk exposure.

In this video I am back with another Nadex 2 hour Trade. This time I am trading as the market is in a wild swing to the upside retracing back toward the highs earlier on the day I am betting down. I am going to share a weird kind of way to use 2 RSI by dragging them on to your chart over each other in the same window and painting them different colors.

This was a counter trend trade against the day and they are very challenging to do because your timing has to be pretty good. You want to be near a top and have enough time to get out at the exit in profits. This is not an easy trade but it can be done. A: Price action: This is basically a wick trade and I am using this giant wick to the top side.

There was a lot of indecision due to the large moves up and down and that choppy trading and the large wick off the top side made me think this is going to be an interesting entry. Choppy trading earlier that day in the PA is indecision.

As Mark Twain said " History does not repeat itself but it often rhymes ". So this is why I thought we may get some choppy trading again only that afternoon on the same day.

B: This is counter trend: When I am trading against the trend I like to be in and out a bit faster. That is why I set a working order to leave early especially. C: I am waiting for the sign that the market may be setting up a reversal. This will mean that I pay more for the bet but it helps with timing the entry better.

D: I am also going to show a little trick that I do sometimes that is sort of our RSI Hack. I explained this backwards in the video sorry. I am using a fast RSI in Blue of 4 so that is an index of one hour on this 15 minute chart. Then I am using the typical settings of 14 So that is a longer slower index. I do not just jump in at the crossing of I wait for the fast RSI to get above 95 and start to fall back down. Because the index on this RSI is shorter it will fall first and the subject of the trade is 1 hour right?

Not just the arbitrary index of 14 just because most people use it right? This is the same as it will look in price action but a helpful and objective way to spot the reversal early. F: Remember counter trend trading is in my opinion more difficult. so I would say use this approach very sparingly.

Sign Up. Contact Us. Nadex 2 hour trade strategy Newest to oldest videos. All videos will show regardless of thumbs N adex 2 Hour Trade Strategy 11 OTM. Another Nadex 2 hour Trade. trading an OTM Out of the money binary option with the intent of scalping if it can get back into profit before my binary option expires.

I had 41 minutes on this trade when I got in but the entire duration was about 8 minute from start to finish. I am going to recap the trade in detail and explain the factors that made me consider taking this Nadex OTM trade. Key Points: A: Have a plan don't just hop into trades: I have been basically shorting GBPUSD and EURUSD on a lot of these videos for months because of the Brexit concerns and the longer term downtrend on these correlated pairs B: When I am doing out of the money trades or ATM then I want to set a recent place that we have been to use as my target to get out.

C: A London open trade: I knew we were in the open of the London session and that means liquidity especially on the GBPUSD. I got in during the first 20 minutes of the hour with the last 41 minutes to get out hopefully with more than what I started with LOL. In the first 20 minutes we done more than the usual max of the entire hour and that creates an imbalance and the market makers want to get neutral so that they can make money buying and selling so they are happy to sell off that large buy order at the open and there is enough liquidity market participants there for them to sell that pop back to.

This is because we were moving up so fast and also we were moving against the longer term trend so fast. Together it is like a synergy that if you have to tools to help you spot it often you can capitalize fast. Nadex 2 Hour Trade Strategy. A nother Nadex 2 hour Trade. Again I am trading an OTM Out of the money binary option with the intent of scalping if it can get back into profit before my binary option expires. I had 37 minutes on this trade when I got in but the entire duration was about 1 minute from start to finish.

I try to recap the trade in detail because this time getting in and out was just to fast. Note that I used a working order to get me in on the pop at the price I wanted. Key Points:. A: Have a plan don't just hop into trades: Before I got in this I knew I wanted to scalp on the EURUSD. B: When I am doing out of the money trades or ATM then I want to set a recent place that we have been to use as my target to get out.

C: When trading Nadex OTM: I used to use a Bible axiom of "don't glean the vineyards ". What I mean by this is that I do not want to take all the profit potential in the contract because even if I accomplish this market makers and other traders will have no incentive to help me get out of my trade by taking it for all the money still there for them to make. Contrary to popular belief in my opinion trading does not always have to be a zero sum game.

D: Give your self time to be right: When trading OTM trades especially counter trend like this one then give yourself time to be right in your scalp trade. That is why I try to get in early in a 2 hour or longer term binary option. call This is another Nadex trade and this time I am trading slightly ITM In The Money at the time.

I had an intention of scalping out of the trade but for most of the entire remaining 1H and 16 minutes the market moved against me. This trade is a great example of a close call and why in most cases I will leave a Nadex trade early. On a lot of these videos you will hear me say stuff like take what the market gives you and move on. Sometimes the market will give you a hard time as well LOL. Not every trade you take will be fast in and out trades in your favor and I stayed in this one to show a live example of how a Nadex trade can work even if you got in on the same strong setups like you have been doing with no intent of sticking around to the end.

This time I will share Key points that could have been improved on so you can watch out for them:. Value area ignored: OK I do this sometimes and to be completely honest there is no right and wrong that you can follow so that you will never lose a trade or have them all go smoothly for you once you get in but VA High and low are indicators of the trend in place and where price is likely going.

Trading below VA Low: Probably easier to sell strength but what was I doing in this trade? Trading above VA High: Probably easier to buy weakness. Sure there are videos out of on my channel where I break the rule and maybe the trade still worked but this is just a general guideline for better low hanging fruit to trade around.

Holding a losing trade that is acting up on you: OK I held the trade until the last minute literally LOL but again this was because I am taping a trade to share on youtube and I knew it. In a serious trade with however many contracts it is better to preserve your capital by cutting losses and saving that money for a better trading opportunity that I can almost guarantee you will show up in the future.

A tip is that I had every intention of a fast scalp and when that did not work or when what behavior you are expecting to see from the market after you get in is clearly not happening just take your ball and bat and come back to play another day. The market owns the field but you decide when or if you will play at all. Time means a lot in Binary options Trading: At first Theta Just jargon for one of the Greeks that represents time value in these contracts will be on your side.

Now Theta is just cool jargon to share with trading buddies and make you sound smart it is a word that is all. Now let me share simple street sense aka common horse sense. If what you thought would happen has not happened in 1 hour 13 minutes there is just very little chance of it happening in the next 3 minutes. So as Theta dries up the Market maker will jump what he is going to pay you for your almost worthless contract every which way but loose. Think of the Binary option like an hourglass with the sand running out and that sand is value.

This is why holding until the end is most always not a good idea. Scalping OTM or ATM requires less volatility in your favor to get in profits: OK lets run 2 scenarios here. a: let's say the counter party Trading against you has at least the same risk as you on the contract or even more risk than you on a contract. B: let's say the counter party Trading against you has less risk than you on a trade like in this video.

So since there was less risk on their side for the trade from it's inception this is another reason why I had a harder time getting out. This trade is funny to watch play out but I only got filled because I did get a pop at the end and this model has strict linear criteria to value a binary options contract, We are all humans and we can decide not to buy a contract only half a pip in the money in the last 45 seconds when it was out of the money most of the last 1 hour 57 minutes.

Nadex 2 hour Trade Strategy 08 OTM Scalping Strategy I am scalping a nadex 2 hour trade OTM out of the money slightly in this video. This was one of those really fast trades that just worked out smoothly and I was able to get in and out of this 2 hour long binary in just minutes and tape it to share here on Youtube.

Key points:. A: Price action: I was waiting patiently for a good impulsive move combined with that proven level that we hit earlier on in the day. We got back up there and first and foremost this price action playing out got me in from a subjective standpoint. This is more objective to me and I combine the price action levels with this and let them work together helping me plan and time my entry. C: Time of day: This was around lunch time for guys in New York so I was thinking we would get some of the slow down at a point because most guys would go out to eat and be away from their trading desk.

D: Always give OTM trades as much time as you can to play out: I don't want to take OTM scalps in the last of the binary options I want to be around the mid point or earlier so I have time for what I am looking for to happen.

Lets play would you rather. Would you rather pay This cam be the same contract and even the same amount of risk but who is getting the biggest bang for their buck in this example? Nadex 2 hour Trade Strategy 06 OTM Scalping Strategy This time I am trading an OTM Out of the money binary option with the intent of scalping if it can get back into profit before my 2 hours are up.

I had 1 hour and 49 minutes on this trade when I got in but the entire duration was about 26 minutes from start to finish. I try and take you with me throughout the trade and I zoomed the chart in around the end so we can get a good look at the price action that got me in. B: When I am going to do a Counter trend trade against the dominant trend then I do not expect this to hold forever.

I had 41 minutes on this trade when I got in but the entire duration was about 8 minute from start to finish. You will always know your maximum risk exposure. C: Understand the news : When you get in a trade and it goes against you. Wait for a day when bears are killing it and then see what the bulls can do and if they fail to move much then that is your bias or vice versa. Trading hours What are Nadex trading hours?

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