Binary: EUR/USD

I have entered a binary bear play on EUR/USD, selling a contract at 1.2325 for $59.50 in hopes of a $100 return on expiration, Friday, Feb. 2 at 3 p.m. New York time.

The Fisher Transform trend turned down on Jan. 26. At entry the market stood at 1.23785 and the Fisher stood at 2.8589.

EUR/USD moved sideways during a four-day downtrend signal on the Fisher Transformer. I exited when the Fisher signaled an uptrend.

sym entry exit result (%) annualized (%) entry date exit date
EUR/USD 59.50 -96,25 -3.2% -4,645% 1/29 2/1

(See a brief discussion just posted to the Live feed on my strategy as I re-add binary options to the mix.)

By Tim Bovee, Portland, Oregon, Jan. 29, 2018

Disclaimer

Tim Bovee, Private Trader tracks the analysis and trades of a private trader for his own accounts. Nothing in this blog constitutes a recommendation to buy or sell stocks, options or any other financial instrument. The only purpose of this blog is to provide education and entertainment.

No trader is ever 100 percent successful in his or her trades. Trading in the stock and option markets is risky and uncertain. Each trader must make trading decisions for his or her own account, and take responsibility for the consequences.

License
Creative Commons License

All content on Tim Bovee, Private Trader by Timothy K. Bovee is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

Based on a work at www.timbovee.com.

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