Today's Core Trade - Short USD/CHF

S4 - Select - Underlying Markets nadex binaries
1

Hello Darrell:

First of all I love using the deviation levels; they are awesome. With that being said, when I looked at the USD/CHF chart today for our core trade and noticed that it had shot up to the 3.0 deviation level, I was not very optimistic about the trade being filled. So I adjusted my entry to 43 as I usually go for the 50 entry price. However, this one just smelled like a winner with that move if we could get filled. I got filled at 43 on the first pop up; then when it popped again and exceeded the 3.0 deviation level again and moved above our strike at .9240, I was very tempted to add to my position at a better price than 50. However, I decided not to tempt fate or the markets and held firm. Needless to say, adding to my position would have proven to have been a good move (certainly in hindsight). So my question is regarding my logic; is it sound relative to the deviation levels or am I missing something?

Thanks,

Fred…

2

Thank you. Its a bit crazy how insanely accurate they are.

You could always add in if things line up… However, I rarely add in to a position on the p3 signals. I go with my initial risk.