NADEX Trial

Discussion in 'Journals' started by expiated, Oct 20, 2018.

  1. expiated

    expiated

    $76.00

    If you can make $24 between now and this week's close, it will lend credence to the possibility of generating a $100 return in the first week following a deposit of $100 to your Nadex live account.

    upload_2020-1-23_14-8-46.png

    Remember as well that Nadex is "closed" between the hours of 2 PM to 3 PM PST.
     
    #141     Jan 23, 2020
  2. expiated

    expiated

    Thursday / January 23, 2020 / 6:30.p.m. PST

    At 7 PM (6:30) the in-the-money payouts Nadex is offering are absolutely awful. This is one of the least rotten, but it's only like six bucks after fees!!!

    EURUSD is bearish, but it's up slightly since the open. The strike price is only ten pips away, yikes! But price action is currently flat, and 1.1042 is slightly below my inner riverbank support level at 1.1043, so I just need for the pair to not do anything funny for the next 90 minutes so I can collect my $6.00, God willing.

    upload_2020-1-23_18-33-7.png
     
    #142     Jan 23, 2020
  3. expiated

    expiated

    $82.25
     
    #143     Jan 23, 2020
  4. expiated

    expiated

    Friday / January 24, 2020 / 7:50 a.m. PST

    $102.50

    upload_2020-1-24_7-35-52.png

    So my goal for next week will be to double this week's profit (i.e., $200). However, rather than attempt this with the same amount of risk by purchasing two contracts in place of one, I might try to do so instead by making fewer trades, switching to at-the-money contracts, and buying them only when rates have reached maximum frequency (a peak or trough) at the top or bottom of a shoreline wave cycle opposite the direction of the day-to-day trend...switching to a double contract strategy if and only if this seeming more reasonable approach fails to produce the desired outcomes.
     
    #144     Jan 24, 2020
  5. expiated

    expiated

    I did some experimental trading at the end of the day outside of the now established protocol, which means I will begin the start of next week with $346.25 rather than $102.50.
     
    #145     Jan 25, 2020
  6. expiated

    expiated

    Saturday, January 25, 2020

    At this point, the strategy for success has become extremely simple and unambiguous. We are looking for a single, solitary, non-subjective trade setup stemming from the Shoreline Touch Strategy which is based strictly on the numbers—on data analysis, mathematical odds, and statistical probability…

    Given that the day-to-day bias/sentiment of AUDJPY, AUDUSD, EURGBP, EURJPY, EURUSD, and USDJPY is currently bearish, we are looking to purchase (five-hour or greater) at-the-money binary option put contracts just as the trajectory of the riverbank envelope begins sloping south following candlesticks having made contact with the upper bands of the shoreline envelopes.

    Conversely, given that the day-to-day bias/sentiment of GBPUSD, USDCAD, and USDCHF is currently bullish, we are looking to purchase (five-hour or greater) at-the-money binary option call contracts just as the trajectory of the riverbank envelope begins sloping northward following candlesticks having made contact with the lower bands of the shoreline envelopes.

    (For Consideration / Evaluation: In the above protocol, replace the riverbank envelope with the new orange moving average cluster OR at least assign equal weight to both measures.)

    Tentative Exit Strategy: Abandon any position the moment the slope of the riverbank envelope and the orange moving average cluster (which, by extension, also means the shoreline envelopes) are both observed to have come into conflict with the day-to-day trend.

    Take profit PRIOR to expire if and when candlesticks make contact with the sides of the shoreline envelops in harmony with (matching) the trajectory of the day-to-day trend given that rates are likely to retreat at these key levels (since they more-or-less have nowhere else to go).
     
    #146     Jan 25, 2020
  7. expiated

    expiated

    Sunday / January 26, 2020 / 9:10 a.m. PST

    upload_2020-1-26_9-7-19.png
     
    #147     Jan 26, 2020
  8. expiated

    expiated

    upload_2020-1-27_17-4-17.png

    I fell behind trading at-the-money contracts and had to resort to in-the-money contracts to get back on track ($371.00) so when trading via Nadex, in-the-money is definitely the way for me to go personally. However, if I am only going to be making $8 to $15 at a time, I might as well work on doing so through OANDA, which will demand more effort and probably take me four times as many trades and four times as long to amass, but I still thoroughly dislike risking $85 just to make $15, so that's the way it's got to be.

    Bye-bye NADEX!
     
    Last edited: Jan 27, 2020
    #148     Jan 27, 2020
  9. expiated

    expiated

    At-the-money trades did not work out on Monday, but the ones I made Tuesday into Wednesday took my Nadex two-week earnings from $371.00 to $494.25. So I guess I won't rule them out completely yet. But for now, I will be trading at OANDA. (Plus, with a trade balance of $100, I would have been able to make only one of the trades I made yesterday--not all three.)
     
    #149     Jan 29, 2020
  10. expiated

    expiated

    From Monday...
    upload_2020-1-27_17-4-17.png

    From Today (Thursday, Jan 30, 2020)
    upload_2020-1-30_9-12-11.png

    Come here for a chronological record of financial progress.

    But otherwise, use the "Numerical-Price-Prediction-Lessons" file on your laptop to record important information. As already noted there, a near 100% success rate with little "genuine" risk might actually be possible when trading via Nadex after all, IF the "purple envelope" is used to calculate strike prices, and bias is established on the basis of the "yellow brick road."

    Again, your goal will be to double the weekly take each time it rolls around so that you are up to $3000+ by week no. seven.
     
    #150     Jan 30, 2020