FOREX Weekly Drive . Nadex Highway . Week 4

in #forex7 years ago

Good Morning Traders. Welcome to week 4 of our NADEX trading experiment. Last week we made some money. This week we lost some money. Let's see what awaits us next week with this week's strategy.

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This week's strategy was to place strikes that are in the money. However I am waiting for pullback so I have priced those strikes well below the current market. At total of about $100 was put at risk over a total of 11 working orders. As of the writing of this post, no orders have been filled. Last week I also let the contracts run out to expiration. This week I will be looking to take profit if the opportunity presents itself. None of this is financial advice, I'm just sharing my authentic learning journey to financial freedom.

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February 25 total : $10,891
February 20 total : $11,457
P/L : -$566

Last week's strategy did not go so well.

So what have we learned? I learned to be even more patient in waiting for price to come to me. This week I am experimenting with under pricing strikes.

This week's plays:
11 orders . $99 at risk . Forex Weekly Binaries

AUDUSD @ .78386
...AUDUSD > .7825 ~ $10
...AUDUSD > .7975 ~ $3
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EURGBP @ .87967
...EURGBP > .8775 ~ $10
...EURGBP > .8875 ~ $10
...EURGBP > .8925 ~ $5
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EURUSD @ 1.22936
...EURUSD > 1.2275 ~ $10
...EURUSD > 1.2475 ~ $10
...EURUSD > 1.2525 ~ $5
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USDCHF @ .93612
...USDCHF < .9225 ~ $95 ($5 at risk)
...USDCHF < .9275 ~ $90
...USDCHF < .9375 ~ $90
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Week 3 ~ https://steemit.com/money/@jacobts/forex-weekly-drive-3
Week 2 ~ https://steemit.com/money/@jacobts/zappl-forex-weekly-nadex-signals-week-2
Week 1 ~ https://steemit.com/forex/@jacobts/paper-trading-report-nadex-and-tradingview-1517810436


Follow @stepanh for more FOREX Charts.


What pairs are you trading this week?


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