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Love your style. It helps me to make me happy before my time is coming at the US open. Do you have any details what you are looking for at the open, or it is top secret. It would be a great reading for me for tonight (at least which indicators/timeframes ) I love this concept, to create a strategy which is mainly timebased, considering with the news which could hit/change the market...
yes I am looking for:
1) opening price: is it within previous day range?
2) gap - is the gap closed within the 30 minutes?
3) direction - and daily rules...
4) 30 minute open/close: thin?
5) all system rules that are quite influencing the start/exit times...
So my trade does never start before the Initial Balance has played out (here 30 minutes)
Other marktes do NOT influence me...
Hope this helps - and of course good trade today on your TST (as it wednesday - a short
normally works better than a long)
Thanks for asking - yes I have considered these bets too.
Two things to think about:
1) I am playing the second wave after the initial - that holds normally not for the day long as the binaries need
2) binaries are mostly offered by spread betting companies.. you have to find the good one to gain with
As point 1)- I think u dont have to hold the position all day- u can state at what time you want the trade to start and finish? I may be wrong.So I take it you dont like spreadbetting firms? Spread on DAX is generally 1 point during trading hours...
AH no problem, maybe you are right in having to hold the trade for the whole day to do a binary option.ADP data soon, hope we dont spike up on it to shake you out of your short.