Rules for the EUR/JPY Evening time (EST) trade, dubbed the "Sausage & Sushi" trade by Cam White:
This is a Nadex Binary trade
Choose the daily 11pm expiry EUR/JPY currency pair within the Apex Binary Scanner
Use a 15 minute candle stick chart on EUR/JPY
At 8pm EST draw a line at the highest price (resistance) and the lowest price (support) between 6pm and 8pm. Use the regular candle bodies, not the wicks.
Beware of any economic news affecting the EUR or the JPY from 6pm - 11pm EST
After 8pm, if a candlestick closes below the 6pm - 8pm support line, then sell the closest strike price at or above the support line.
After 8pm, if a candlestick closes above the 6pm - 8pm resistance line, the buy the closest strike price available at or below the resistance line
You can use working order or market orders to get filled. Support and Resistance levels are tested heavily between 9pm and 10pm EST.
Pay attention to the News and Trend direction. If the market is sideways or the support and resistance levels are very narrow, you may want to avoid this trade.
This is NOT an APEX trade or strategy. Demo it before trading it. Provided for educational purposed only. Cam White is the original author of this strategy.