Yet another example of the wonderfulness of NADEX's demo platform... Here we see how the program insists I must choose a take-profit target between 84.27 and 99.75 when quite clearly, the price of the pair (presently at 0.63794) does not fall anywhere close to being within that range:
Did NADEX change the "Set profit target" from the price of the foreign currency pair to some fraction of one hundred dollars? Or am I getting confused because they use the price of the foreign currency pair for their knock-outs but a portion of one hundred dollars for their binary option contracts?
Hi Expiated, As an active trader on the Nadex platform, we'd like to inform you of some upcoming contract specification changes to our top forex pairs. We've spent the last several months reviewing and analyzing our top forex binary option markets with the intent to fine-tune and optimize the strike widths and strike interval values, by expiration time (5m, 2 hr., daily). These changes will be live on Sunday at 6 PM ET on the following markets: EUR/USD GBP/USD USD/JPY AUD/USD These changes are already deployed in our demo trading platform. We encourage you to check them out ahead of the changes being made in our live trading platform. Our forex contract specifications page (https://www.nadex.com/contract-specs-forex/) will be updated at the end of the week. Feel free to reply to this email with any questions and/or feedback. Sincerely, The Nadex Team Okay then...but what are the changes!!!?
Dear Nadex Customer: We recently informed you about changes to our contract specifications, and after receiving your feedback, we've made some adjustments in hopes of providing a better trading experience. These adjustments were made in our demo trading platform last week and received overwhelmingly positive feedback. We are pleased to announce that these changes are now live on our trading platform. We encourage you to check them out and reply to this email with any additional feedback you may have. You can review the forex contract specifications page for more details. Sincerely, The Nadex Team
TRADING CRYPTO VIA NADEX Crypto derivatives open for trading at 11pm ET on Friday and expire at 4:15pm ET the following Friday. (This doesn't make any sense.) Please note, Crypto UpDowns will expire early if the floor or ceiling is touched beforehand. Crypto Strike Options...
What commodities can you trade on Nadex? Commodities generally fall into one of three categories: metal, energy, and agricultural. These are the commodities you can trade on Nadex: Metal Nadex offers binary option, call spread, or knock-out contracts in gold or silver. These are based on COMEX/NYMEX® futures prices. Energy Nadex offers binary option, call spread, or knock-out contracts in crude oil or natural gas. These are based on NYMEX® futures prices.
Comparing the Nadex Crude Oil price to what shows in my Coinexx MT5 platform... 81.33 - 77.517 - 77.15 USOUSD is not only closer in price, but I just compared the 15-minute charts from the two primary oil markets to Nadex's 15-minute chart, and it's clear that the Nadex chart is derived from the West Texas Intermediate market. Comparing the two natural gas prices...
Comparing the Coinexx gold price to that showing for NADEX... NADEX's oil and gold prices are a bit higher, whereas its natural gas price is a bit lower.