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  1. #11
    Administrator Martin Kay's Avatar
    Quote Originally Posted by borncorp View Post
    If no one has tried him I could try and report if it works. I am sure a lot of newbies like me are interested.
    Would be very interested to hear what you have to say about this signal service after you try it. Please keep us updated

  2. #12
    Specialist Member TAllen1429's Avatar
    Quote Originally Posted by borncorp View Post
    I came here for advice and ended up being laughed at. Someone close this topic. I am done here.
    Hi borncorp, my apologies if you are one of the good guys. Bogdan's last post summarized the current situation very well.

  3. #13
    Rookie Member
    For those who are interested, heres my report for today:

    I just enrolled on a 2 week session for $97. It autocharges you every 2 weeks, so I noted on my calendar to delete it if it doesnt work for me. They give you a daily password so you can enter the online room. The live session is from 9 - 12:30 EST, but I am 2 hrs ahead on CST and 7 am on my time is too early for me, so I joined at 10:30 EST, so I had 1.30-2 hrs of live session.

    When I joined looks like they had a rush of good trades, they were saying they "banged the table" whatever that means and Franco was saying they were approaching a no-trade zone, which starts at 11 am EST, he highly advised not to trade on our own during that timeframe. He is testing a new system, so he recommended to use demo accounts for now.

    I asked in chat for advice on where could I get a demo account and they replied GTOptions was a good broker. I enrolled and looks like they gave me a live account, so I requested a demo account to customer service (still waiting for email). I had to deposit $250 to open the account though.

    I was a bit impatient because I thought like I joined at a bad time. I read in chat that people were having good luck, 14-0, 3-0, 5-2, hell even a demo account guy had 19-0 and they were saying they were putting the trades right when they see the pink arrow on Franco's chart screen. Franco calls the pink arrow superarrow or something, basically means the trend is gonna go up, and made sense since there were a bunch of arrows on the top of each curve.

    I decided to invest $20 as a test. I focused on EUR/USD and prepared my 60 secs trade option on the opposite direction of the previous arrow and I was ready to confirm the trade whenever I see the pink arrow on the direction of my trade, I saw a yellow dot on the chart and then it turned into a pink arrow, I clicked confirm and waited 60 secs, I won!

    I was a bit hesitant at first because of the latency of videochat, but it worked really well.

    I repeated the same tactic 3 more times until the time was over and won all of them, so my score was 4-0. I love that pink arrow. I started with $250 and ended with $320, thats a 28% profit.
    Heres a screenshot http://imgur.com/i34mq9j,0BIjbMo

    I have to say even though Franco didnt advice on any trade after I joined he was giving advice to stay away from New Zealand trades and that people who already won in the morning should refrain from keeping trading.

    I asked a few questions in chat and he actually reads them and answers talking, he referred to me specifically. Looks like the chatroom is not that big, there were maybe 20 people, maybe many of them weren't chatting.

    So the experience was great, I guess I will see how it goes tomorrow. I will be there early to get the best trades.

    After leaving the room I opened my MT4 and tried to do the same thing, but I failed miserably Idk if my MT4 has latency issues or what, but I lost 2 trades for EUR/USD, 1 of 60 secs and another 15 mins (I was going up in the last 3 hrs, I thought it was gonna go up in the next 15 mins). So I ended up with $270 on my balance , no more trading for me until tomorrow.
    Last edited by borncorp; 09-25-2013 at 07:06 PM.

  4. #14
    Master Member Bogdan G's Avatar
    Quote Originally Posted by borncorp View Post
    After leaving the room I opened my MT4 and tried to do the same thing, but I failed miserably
    So this guy Franco has an arrow indicator and he gives live signals based on that. These signals appear to be profitable, but when you use the same indicator on your own, it fails. Maybe he has an additional indicator and he only gives a signal when both indis agree? After all, if you have his arrow indicator, then you wouldnt have any reason to keep paying him for signals (assuming that arrow indi is the only one he uses). It's late in my country so I might be wrong

  5. #15
    Senior Member linda_fx's Avatar
    Hi borncorp,

    I don’t think it is that easy to make profitable trading especially with very short term binary options. It never works that way! Simple indicators even when they are promoted from trading gurus never work in the long run. You need to develop feeling about the market and to trade accordingly.

  6. #16
    Rookie Member
    OK, so I researched a little more and looks like he uses Think or Swim instead of MT4, I read the quick study guide (LINK) and on the setup section it says that the arrow indicators, momentum and others are proprietary and they dont share it, but they set can set up the charts and the rest for you if you sign up to one broker.

    Anyways, he does reversal trades of 1-2 mins and they seem to be very effective. I wish I could understand more so I could reverse engineer the arrows indicators so I could keep trading after the live session is over.

    Another thing is that I have installed Think or Swim and its pretty cool, but I don't get real time quotes, its always 3 seconds or so behind, sometimes I dont even think its in sync with GToptions :S , maybe it needs a special server or something, I am on the demo account. (EDIT: Now that I see the screenshot I dont think his screen is in sync with GTOptions either, is this normal?)

    Hope this is helping someone.
    Last edited by borncorp; 09-25-2013 at 08:40 PM.

  7. #17
    Rookie Member
    Quote Originally Posted by linda_fx View Post
    Hi borncorp,

    I don’t think it is that easy to make profitable trading especially with very short term binary options. It never works that way! Simple indicators even when they are promoted from trading gurus never work in the long run. You need to develop feeling about the market and to trade accordingly.
    Well, the guy uses both the market information and plans the trades accordingly, on the quick guide I read that he doesnt trade within 5 mins of a Newsflash has been released, he waits for it to settle and only trades when there's a certain momentum. Of course I don't know what I am talking about, but that's what I understand from the guide.

  8. #18
    Legendry Member willyw's Avatar
    Quote Originally Posted by borncorp View Post
    Well, the guy uses both the market information and plans the trades accordingly, on the quick guide I read that he doesnt trade within 5 mins of a Newsflash has been released, he waits for it to settle and only trades when there's a certain momentum. Of course I don't know what I am talking about, but that's what I understand from the guide.
    borncorp, what you quoted that guy saying that he don't trade within 5 mins of news release and he trades when there is market momentum is what linda_fx means that you have develope a market feeling to trade. Market feeling has to be develope by accumulating your trading experience.

  9. #19
    Rookie Member
    I kinda like this ThinkorSwim platform. It gives me the latest news so I can see the reason of the behaviour of the trends. I tried to replicate Franco's indicators and came up with something similar, I have the arrows and I am getting better results at waiting for the right moment.

    I also added a few twitters to my twitter account which I never used, but its helpful because theres people giving you a heads up of the market situation.

    I was really lucky today. I was able to recover my losses and recovered the $320 after hours of trading :P

    Heres a screenshot of the latest trades:

    http://imgur.com/c1OSwzc

    I started winning more after something happened in France, Germany's Dax and something about the Euro Taxes. I still dont know how they affect the charts, I just know they start going in a direction like crazy, but trading during those times doesnt work for me, I rather wait the 5 mins or so and get a steady shot.

  10. #20
    Specialist Member runneroption's Avatar
    Trading durring the news releases is highly dangerous for unexperienced traders and it is not recomended. It is possible to trade imediately after them not before them, and this is only if you have good experience with understanding the driving forces of the martket. I also recomend you to start your trading not with 5 minute options, but with some binaries with larger durration.

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