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  1. #1
    Specialist Member TAllen1429's Avatar

    Daily Trading Tips by Terry - Tuesday 12th November !!!

    Recommendations:

    Use an expiry time of 1 hour plus.
    Risk no more than 2% of your account balance.
    Tips are tradable until 4.00pm EST today.


    EUR/USD: After undergoing a minor corrective rally on Monday, this pair recommenced its journey downwards overnight. The US Dollar is acquiring consistent fresh support amid the prospects of early Fed tapering in contrast to those of additional monetary easing by the European Central Bank.

    The EUR/USD slumped during the earlier part of today’s session to contest its lower Bollinger Band. After being rebuffed by that level, the pair rallied briefly before starting to head downwards once again. As such, execute a new PUT binary option trade using the EUR/USD as its underlying asset if price plunges beneath 1.3350.


    USD/JPY: This pair proceeded to climb higher overnight to extend its gains for the third consecutive day. Expectations that the Bank of Japan will need to instigate new stimulus measures in the imminent future is weakening the Yen whereas the potential for early Fed tapering is boosting the greenback.

    The impact of these two significant events is providing sufficient momentum for the USD/JPY to seriously challenge its key 100.00 level. After just retracting in the last few hours to correct an overbought status, the pair is now climbing again. Buy the USD/JPY if a sustained break above 100.10 can be achieved.


    GOLD TRADING: Commodity traders remained cautious this morning ahead of the publication of a major 10 year economic reform by China later today. They are anxious to verify what impacts this document will generate as the world’s second largest economy is also one of the largest consumers of gold.

    After gapping downwards by just over $4 per oz when markets reopened earlier this morning, this precious metal now appears ready to weaken further. Consequently, consider activating a PUT binary option, constructed on gold, if price slides under $1,270.80 per oz.


    GBP/USD: The British pound crashed overnight against the US dollar by plummeting over 110 pips breaking below a major support level. This pair extended its loses for the third successive day in a row after the UK posted an economic indicator disclosing that an important inflation figure had slumped to its lowest level in over a year. CPI posted 2.2% missing analysts’ expectations of 2.5%.

    After rallying in the last hour to address a heavily oversold condition, the GBP/USD is again beginning to weaken further. As such, sell this pair if price drops under 1.5850.


    SILVER: The metal stabilized on Monday after enduring three days of consecutive losses. However, further weakness set in during the night as the price of silver plunged by over 20 cents per oz ever since it commenced trading a few hours ago.

    With investors concerned about the potential adverse effects arising from the pending release of a new reform agenda by China, this commodity is expected to extend it losses as today progresses. Consequently, sell silver following an assertive slump beneath $20.90 per oz.

  2. #2
    Specialist Member TAllen1429's Avatar
    I am currently servicing a number of very large Forex and Binary Options Project.

    As I need to focus on them, I will be posting the last Daily Tips this Friday. I will no longer be supporting this forum as well.

    Good luck with your Trading.

  3. #3
    Administrator Martin Kay's Avatar
    Quote Originally Posted by TAllen1429 View Post
    I am currently servicing a number of very large Forex and Binary Options Project.

    As I need to focus on them, I will be posting the last Daily Tips this Friday. I will no longer be supporting this forum as well.

    Good luck with your Trading.

    Thanks Terry, good luck in your future projects!

  4. #4
    Specialist Member pinoyoptions's Avatar
    Quote Originally Posted by TAllen1429 View Post
    I am currently servicing a number of very large Forex and Binary Options Project.

    As I need to focus on them, I will be posting the last Daily Tips this Friday. I will no longer be supporting this forum as well.

    Good luck with your Trading.
    Good Luck SirTallen,

    You've been a good short mentor to me. Your daily and hourly signal provide me better understanding of market sentiment and news. I hope you fully accomplish your trading goal.

    Sincerely thankful with your guidance,
    PO

  5. #5
    Specialist Member TAllen1429's Avatar
    Quote Originally Posted by pinoyoptions View Post
    Good Luck SirTallen,

    You've been a good short mentor to me. Your daily and hourly signal provide me better understanding of market sentiment and news. I hope you fully accomplish your trading goal.

    Sincerely thankful with your guidance,
    PO
    Hi Pinoy,

    Thank you again for your kind remarks especially taking the time to produce them with all that is going on with the Philippines Storms.

    The situation appears very bleak. Hope all your relatives and friends are safe.

    The daily tips are producing quite a high win:loss ratio which can be exploited using compound interest over an extended period.
    However, this strategy is still not my favorite one as it does not provide the control over the binary options environment that I am interested in.
    I have others that do that much better. As I stated in another thread, I am aiming to produce one that regularly generate an average weekly return of 10+plus.
    I am using small steps of incremental risk to achieve this goal and I am making good progress. The compound interest impact of such a strategy would be remarkable.

    I think this Forum could definitely benefit from a section dedicated to Research and Development. In my opinion, too much of the activity continuously recycles the same topics as
    new waves of novices hit the scene about every three months or so claiming they have found the holy grail. Of course, most of these delusional ideas are based on 60 sec strategies and the like
    which the binary options brokers make their biggest profits from. Nothing ever changes and most likely never will.

    Still, wishing you all the best with your trading.

    Regards,

    Terry

  6. #6
    Legendry Member milos's Avatar
    Quote Originally Posted by TAllen1429 View Post
    I am currently servicing a number of very large Forex and Binary Options Project.

    As I need to focus on them, I will be posting the last Daily Tips this Friday. I will no longer be supporting this forum as well.

    Good luck with your Trading.

    Good luck Terry!

    I have been reading very carefully your daily trading tips. Excellent analysis and recommendation with entry positions and targets for currency pairs and commodities. I feel very honored to have the opportunity to exchange information and knowledge on the forum with you.

    All the best.
    Milos

  7. #7
    Specialist Member TAllen1429's Avatar
    Quote Originally Posted by milos View Post
    Good luck Terry!

    I have been reading very carefully your daily trading tips. Excellent analysis and recommendation with entry positions and targets for currency pairs and commodities. I feel very honored to have the opportunity to exchange information and knowledge on the forum with you.

    All the best.
    Milos
    The pleasure has all been mine, Milos. Good luck with your both future trading activities and life aspirations.

  8. #8
    Master Member SeasaltMcFish's Avatar
    Good luck Terry,
    Wishing you the best for your future and thanks for your input here!

  9. #9
    Specialist Member TAllen1429's Avatar
    Quote Originally Posted by SeasaltMcFish View Post
    Good luck Terry,
    Wishing you the best for your future and thanks for your input here!
    Thanks. Just to let you know I have been monitoring your posts closely. As such, I am advising you now that if you carrying on trading in the way that you are doing presently then you
    will face a disaster of biblical proportions. It is now just a question of time. Don't say you have not been warned.

  10. #10
    Master Member SeasaltMcFish's Avatar
    Thanks. I agree and don't agree.

    The disaster was choosing this broker. Now I'm stuck with clearing the bonus. Therefore I developed a system with many entries, but of course also the risk of going broke. Since I don't expect to be able to withdraw anyhow, I'm taking that risk to get this thing sorted out one or another way.

    At the moment I'm having a 4 month test of over 800 trades to give me some trust in my system to clear my account, with a draw down of about 25 buy-in max. and a steady profit. I know this can be an upswing and can easily change. However, not doing anything will not help me get my money out. Therefore I'm prepared to take that risk of going broke on this.

    If I manage to get my money out, however, I'm going to trade completely different, with much less risk taking.

    Let's hope disaster will stay away long enough to survive.

    To be honest: my biggest risk is tilt. That's something I really should work on...

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