Profit from Volatility

trader123 · 06-08-2008, 06:20 AM

Most retail forex traders only know how to place directional trades, and ignore volatility trades, this is a waste of opportunity. Everyday there are economic data from US, UK or Europe, and most of these datas can move the forex market wildly. So to trade volatility is the best strategy for days like that.

In this website, the author teaches his reader how to benefit from volatility. He posts his own trades into the websites, and also post the result of this trades when the position is closed.

Website: Binary Trading

Economic calendar can be found at the bottom of the website, this is a good reference for volatility traders. The important of the data is shown in the bar.

And the most important point is that, the website is free for viewing.

trader123 · 06-12-2008, 10:30 AM

Today US is going to announce 5 economics datas:

Import Price Index
Advance Retail Sales
Initial Jobless Claims
Continuing Claims
Business Inventories

So it will be a good day to trade volatility today.

Places 1 trade today:

I place US$300 OUT trade for USD/CAD that rate will be out of 1.0199 - 1.0229 by 5am China time. Odds is 0.515. If I win I gain US$154.50.

Platform: MANSION118
Details: Binary Trading

trader123 · 06-14-2008, 07:02 AM

USD/CAD closed at 1.0241 at 5am, so this trade wins! Odds is 0.515, so I gain US$154.50. Details here.

trader123 · 06-19-2008, 03:21 PM

Trade volatility today: USD/CAD

Today US is going to announce 4 important economics datas:

Initial Jobless Claims
Continuing Claims
Philadelphia Fed
Leading Indicators

So it will be a good day to trade volatility today again.

Places 1 trade today:

I place US$300 OUT trade for USD/CAD that rate will be out of 1.0141 - 1.0171 by 5am China time. Odds is 0.33. If I win I gain US$99.

Platform: MANSION118

Full report: Binary Trading: Trade volatility today USD/CAD

trader123 · 06-20-2008, 01:10 PM

USD/CAD closed at 1.0162. So this trade I lost US$300.