So I was just throwing things out there and decided what would happen if I put all the Nadex currency spreads on the LBO. To my surprise they all came out ok. Totaling 256 pips. I will be doing further experiments on all this pairs in the future before going live.
That is pretty interesting, taking both sides of the trade. So if i understand correctly your basically getting all the premium out of the spread waiting until it expires?
I’m not concerned about premium. This is a directional trade. I’m basically scalping the spreads. I’m out when it hits my target.
How do you determine the direction of the trade and what is your target?