The effort to develop this idea was extremely valuable given that the effectiveness of Numerical Price Prediction (NPP) is predicated on the belief that there is a single moving average within any given time frame that reflects the ultimate direction in which price is headed better than all others, and this one-day effort has led to my zeroing in even more precisely than before on what this line is (in my estimation). I will not be using it with binary options however in that it has the potential to be much more profitable trading Forex full-time with a traditional broker, though I will be unable to do this for another two months at least (so I am abandoning the process of compiling an IQ Option asset offerings schedule). As my contribution to another thread, I recently wrote, “If you are going to let your profits run, you are going to need a definitive way of recognizing when a run is in progress and when it is over,” and that is exactly what this (the black) moving average does for me. However, to use it efficiently I need to be trading full-time so I can get out as soon as it tells me to. The resulting “runs” should pay off much more handsomely than the artificial expiry of a binary option. I also need to monitor progress in order to pocket profits before price retreats temporarily and to then reenter when price surges once again to make addition forward progress.
This morning I fully defined, in specific detail, how to interpret price action in accordance with the Numerical Price Prediction (NPP) forecast model at the intraday level on one-minute charts using standard moving averages in conjunction with Donchian channels rather than my proprietary indicators. The outcome gave me an idea for using Donchian channels to trade binary options, and since I will be unable to implement NPP properly for at least another month, I might as well go ahead and try out my new idea next week. I searched YouTube to see if the system was already being used, but I was not at all impressed with the existing recommendations I saw on how to use Donchian channels for this purpose. Since I will not have to monitor the trades, as I will have to do if and when I finally have the time to trade NPP properly, I will continue to attempt to refine the strategy if it turns out to be successful, and begin trading real funds if I find it actually has the potential to quickly multiply the size of an initial $10 trading account.
This table is not correct and not complete, so you will need to keep working on it if you plan on trading via IQ Option.
Added at 10:00 p.m. PST to the pairs that were already being offered... AUDCAD EURCAD EURGBP CADCHF USDCHF GBPAUD GBPCAD GBPCHF GBPUSD ...for a total of 18.
15-minute options available at 5:00 p.m. PST on Tuesday AUDJPY AUDUSD EURAUD (added) EURNZD (added) EURUSD NZDUSD USDJPY
15-minute options available at 8:00 p.m. PST on Tuesday AUDJPY AUDUSD EURAUD EURJPY (added when?) EURNZD EURUSD NZDUSD USDJPY
15-minute options available at 10:00 p.m. PST on Tuesday AUDCAD (added when?) AUDJPY AUDUSD CADCHF (added when) EURAUD EURCAD (added when?) EURGBP (added when?) EURJPY EURNZD EURUSD GBPAUD (added when?) GBPCAD (added when?) GBPCHF (added when?) GBPUSD (added when?) NZDUSD USDCHF (added when?) USDJPY USDNOK (added when?)