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Like now to grab the opportunity. Hello traders, hope your day was great! Once the next candle formed, I waited for price to turn bearish and break the low of the previous candle before I entered. This trade was ITM by about 2 pips. After price was going down after the touch of the 365 day ema, I waited for a pullback, and it just so happens there was one that happened and touched the 20 EMA and found serious rejection at that level. On top of it all, the Value Chart was at its peak and signaled an overbought situation, and price was so close to the 20 EMA, there was no room for a rubber band effect. The next candle was showing a spinning top and there was some fighting going on between the bulls and bears as to where price would go next. Value Chart was at its peak, and price broke though the M3 line you see on the chart, and since I realized from my last trade that price was now in a downtrend, I waited for a setup in the direction of the trend. OTM by a large margin.

These types of trades are discouraging, but you must move on and look for more setups. Also to back this up, the Value Chart was at the bottom, also signaling a possible correction was imminent. Anyways, I placed four trades today, but I was only 2 ITM. My first trade was a great trade, and highly probable according to my method. One thing about trading is you may get bored after looking at the charts for hours, but I tell you, you MUST be alert and ready at all times that you are binary option trading, because it will bite you in the rear if you do otherwise. This trade lost only by a tiny margin, but it was by no means a high probable trade. It was ITM by about 1 PIP. For more confluence I also have the Value Chart in my favor. USD and was also a bad setup.

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