OK, so I kind of fell in love with 20-minute binaries yesterday, using a 6-tick Diagnostic Bar chart with Trend Catcher. I find them a lot less nerve-wracking than the 5m binaries, and I had some limited success on my first demo day with them.
For both selfish and altruistic reasons, I thought I’d share all my trades from yesterday, in the hopes that some of the local experts could comment on entries - good or bad - and just to sort of force me to track everything in detail for my own benefit.
Here are the rules, as I understand them:
Method 1 - Trend Catcher (TC) Flips
These 3 ALWAYS apply
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Close of bar MUST match TC direction
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Cyan/pending bar MUST close in same direction as TC
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Cyan/Pending bar MUST take less than 3 minutes to form
ONE of these must ALSO be met
-
Volume exceeding expectation
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Velocity Firing off (long or yellow bars in the velocity indicator)
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Follows color of APEX pattern
Method 2 - In Between Flips
These 3 ALWAYS apply
-
Follow Trend Catcher direction
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Bar before entry MUST close in same direction as TC
-
Bar before entry MUST take less than 3 minutes to form
ONE of these must ALSO be met
-
Volume exceeding expectation
-
Velocity firing off (long bars or yellow bars in the velocity indicator)
-
Sequential small timer bars
So… here are 9 screen captures with comments!
Comments, questions, suggestions? All are welcome!
Chart 1
Chart 2
Chart 3
Chart 4
Chart 5
Chart 6
Chart 7
Chart 8
Chart 9