Mifune's Strategy Thread

mifune
mifune Posts: 160 ✭✭
edited July 2013 in Trading Journals
Hello!

I'm making this thread to help kickstart some forum activity and also to link my trade screenshots to the blog posts I write on binaryoptions.net. Any questions can be asked here or on the blog posts themselves.

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  • mifune
    mifune Posts: 160 ✭✭
    Trade screenshot is attached to this post and, of course, within the link below detailing my thinking behind the trades.

    http://www.binaryoptions.net/binary-options-trading-for-june-19-2013-45-itm/

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  • mifune
    mifune Posts: 160 ✭✭
    http://www.binaryoptions.net/binary-options-trading-for-june-20-and-june-21-2013-57-itm/

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  • mifune
    mifune Posts: 160 ✭✭
    Just wanted to upload some of my recent trade screenshots here. In-depth explanations behind these trades can be found within my blog articles.

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  • mifune
    mifune Posts: 160 ✭✭
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    mifune Posts: 160 ✭✭
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    mifune Posts: 160 ✭✭
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  • mifune
    mifune Posts: 160 ✭✭
    Here are some more screenshots. My blog posts, once again, will tell the whole story behind these trades (indicated by the colored arrows). But I think it would be nice just to have a consolidated screenshot archive here.

    http://www.binaryoptions.net/category/blogs/mifunes-binary-trading-blog/

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  • mifune
    mifune Posts: 160 ✭✭
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    mifune Posts: 160 ✭✭
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    mifune Posts: 160 ✭✭
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    mifune Posts: 160 ✭✭
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  • vulpine
    vulpine Posts: 4 ✭
    Thanks again for all your examples. Thanks for your very detailed explanation of the % of you account balance you use on your trades. It was an entire lesson in and of itself. I honestly, would be VERY interested to see how you trade SPOT on the higher time frames. I have learned an immense amount from Nial Fuller's site. You're Support and Resistance Trading and his method of trading 4hr and Daily TF WITH the trend have helped me really come up with a good method. Do you think you would ever consider opening another Blog elsewhere explaining your SPOT trades? Thanks again Mifune.

    Zach
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  • mifune
    mifune Posts: 160 ✭✭
    vulpine said:

    Thanks again for all your examples. Thanks for your very detailed explanation of the % of you account balance you use on your trades. It was an entire lesson in and of itself. I honestly, would be VERY interested to see how you trade SPOT on the higher time frames. I have learned an immense amount from Nial Fuller's site. You're Support and Resistance Trading and his method of trading 4hr and Daily TF WITH the trend have helped me really come up with a good method. Do you think you would ever consider opening another Blog elsewhere explaining your SPOT trades? Thanks again Mifune.

    Zach

    Hi Zach,

    You're welcome.

    I actually don't keep any other blogs elsewhere. I have, however, made a couple spot forex related posts on my BOD strategy thread, on page 7.

    http://www.binaryoptionsdaily.com/forums/general-group2/strategies-profitability-techniques-forum1/mifunes-strategy-thread-thread1444.6/

    I do throw in some spot forex tidbits in my binary posts on occasion, but it's not something I focus on being this is primarily a binary options site. Nevertheless, I would consider writing up some spot forex posts, in which I randomly select a few forex trades to discuss (win, lose, or draw). But it's really a matter of if I can find the time. It's something I may consider in September. I'm almost certain I'll have to cut back on my volume of binary option trades, so that might lend the way for me to talk more about spot forex in my blog although not exclusively.

    And I, too, have enjoyed reading Nial Fuller's site. I think he's a very good educator in the forex markets and his website is a great resource. He's more of a pure price action guy than I am. He primarily enjoys basing his trades on certain candlestick patterns, while I'm more into placing limit orders at certain pre-determined price levels in the market. But I do take some price action trades on occasion, as well.

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  • vulpine
    vulpine Posts: 4 ✭
    Awesome! Well I will be very interested to see your spot trades in the future and will still follow this thread as it is chock full of great info. Thanks for the follow up Mifune.
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  • mifune
    mifune Posts: 160 ✭✭
    vulpine said:

    Awesome! Well I will be very interested to see your spot trades in the future and will still follow this thread as it is chock full of great info. Thanks for the follow up Mifune.

    You're welcome.

    I also figured I should add some recent trade screenshots to this thread.

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  • mifune
    mifune Posts: 160 ✭✭
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  • mifune
    mifune Posts: 160 ✭✭
    edited August 2013
    Disregard (image didn't load; please see post below)

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  • mifune
    mifune Posts: 160 ✭✭
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  • kostasze
    kostasze Posts: 227 ✭✭
    Hey buddy,
    great 60 secs trades!Actually, when I read your article "my 60 secs days" some months before came to mind and I opened an account with OptionsXO to make some trades for fun and to see how it's going with this new broker. I use the same way with you S&R and rejections plus some bounces in the EMA. With almost 70% success rate I doubled my account in 30 minutes!
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  • mifune
    mifune Posts: 160 ✭✭
    kostasze said:

    Hey buddy,
    great 60 secs trades!Actually, when I read your article "my 60 secs days" some months before came to mind and I opened an account with OptionsXO to make some trades for fun and to see how it's going with this new broker. I use the same way with you S&R and rejections plus some bounces in the EMA. With almost 70% success rate I doubled my account in 30 minutes!

    That's awesome.

    I also noticed that wicks of 1.5 pips or better on one-minute candles tend to work out pretty well in predicting the market in 60 seconds' time. I'll have to research this a bit more with several days worth of price data to see if it's something I'd like to integrate into my 1-minute strategy.

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  • mifune
    mifune Posts: 160 ✭✭
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  • mifune
    mifune Posts: 160 ✭✭
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  • mifune
    mifune Posts: 160 ✭✭
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  • mifune
    mifune Posts: 160 ✭✭
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  • bo_brown
    bo_brown Posts: 551 ✭✭
    Are you trading fulltime right now?
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  • mifune
    mifune Posts: 160 ✭✭
    bo_brown said:

    Are you trading fulltime right now?

    It is basically my occupation at this point in my life. I'm not overly occupied this summer so I've been able to do a fair amount of binary trading. After college, I'm not sure if I'll choose to trade independently or try to find my way into fund management. But I'm definitely looking to be a trader of some type over the long run.

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  • mifune
    mifune Posts: 160 ✭✭
    Screenshots from my recent 1-minute trades

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  • mifune
    mifune Posts: 160 ✭✭
    August 15, 2013 AUD/JPY trading

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  • mifune
    mifune Posts: 160 ✭✭
    August 16, 2013 AUD/JPY trading

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  • mifune
    mifune Posts: 160 ✭✭
    edited August 2013
    I'm going to embed my screenshots directly in the posts themselves from now (like other folks are doing), so they naturally show up as larger and immediately readable.

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    Ah, much better. :D

    http://www.binaryoptions.net/60-second-trading-and-10-minute-options-on-the-eurusd-68-itm-overall/

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