May 17, 2017 (Wednesday) Nikkei 225 Binary Options Trading Results
May 17, 2017 (Wednesday) IG Securities Nikkei 225 Binary Options Trading Results
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【Today's Results】Profit/Loss (Purchase Amount) Win/Loss (Win Rate) Total Profit/Loss Total Win/Loss
May 17 — +¥20,000 (¥80,000) 1 win 0 losses (100%) +¥330,000 14 wins 2 losses (87.5%)
【Today's Trading Tips】
No particular catalysts.
Check the market around 8:45 AM. The currency drop is steep.
Dollar/Yen is accelerating downward, and even on the 4-hour chart, a potential triple reversal appears to be forming.
Nikkei 225 CFD, unlike USD/JPY, is still in a high-range consolidation, but the big drop during NY time has not yet stopped.
However, on the 1-hour chart, the 52-week Bollinger Band is flat, and the cloud’s leading edge has just turned negative, indicating the conditions for a continued range are in place.
Today during Tokyo time, the market may stay soft due to the FX drag, but it should not break down drastically, and the 1-hour range is expected to continue.
Set a plan to buy within a ±240 yen range.
After the open, it moved up, so watching the Stochastic on the 5-minute chart and waiting for it to come down for a while,
In the end, bought within a wider ±260 yen range.
From the 1-hour RSI, I thought another drop might come, but
If it is above ±240, I should be able to withstand it, so I entered (because if I waited and the next drop didn’t occur, there would be no more entry opportunities).
As a result, the drop came during the lunch break but did not break the range.
Approximately 15:09, May 17, 2017, Nikkei 225 CFD 1-hour chart
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May 17, 2017 — ±260 yen range option Buy price
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Fundamentals (1) What is Binary Options
Fundamentals (2) How Option Prices Are Determined
Fundamentals (3) Binary Options Terminology — IG Securities-specific Terms — and How to Read Trading Results
Fundamentals (4) There are 3 Trading Styles
Advantages of Nikkei 225 Binary Options
How to Open a Demo Account
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