Page 1 of 2 12 LastLast
Results 1 to 10 of 12
Like Tree131Likes

Thread: Understanding Forex (currency) Binary options : Chapter 1

  1. #1
    Huskins's Avatar
    Huskins is offline Special Consultant to the FPA
    Join Date
    Oct 2007
    Location
    Toronto, Canada
    Posts
    790

    Post Understanding Forex (currency) Binary options : Chapter 1

    ------------------------
    For the Next chapter http://www.forexpeacearmy.com/forex-...html#post99444
    ------------------------
    Binary Options

    What are Bianary options?
    Bianaries are tradable contracts that let you "BET" on whether something will happen or not.
    I refer to them as YES or NO bests

    Bianary standardize and focus on financial markets including forex as well as economic events.

    HOW DO BINARY OPTIONS WORK?
    A Binary Option asks a simple yes/no question.
    Will the price of AUDUSD will be above $1.0200 at 1:30pm?

    If you think yes, you buy the Binary Option. If you think no, you sell.
    The price at which you buy/sell is not the actual price of AUDUSD, but rather a value between zero and 100.

    For example, AUDUSD> 1.0200 (1:30PM) may be priced at 42.50/48.50. The first figure is the bid price (sell), the second is the offer price (buy).

    The bid/offer price fluctuates throughout the day, but always settles at either 100 (if the answer is yes) or zero (if the answer is no). Your profit/loss is calculated using the difference between the settlement price (zero or 100) and your opening price (the price you bought or sold at).


    Binary options can add a new dimension to Forex trading. If you want me to share with you the next chapter on binary options , please click on like; If I see 50 Likes I will post the next chapter.

    http://www.forexpeacearmy.com/forex-...html#post99444

    Last edited by Administrator; 09-12-2012 at 10:18 AM.

  2. #2
    tony orah is offline Private
    Join Date
    Aug 2012
    Posts
    25

    Default Binary option trading - add-on

    Quote Originally Posted by Huskins View Post
    Binary Options

    What are Bianary options?
    Bianaries are tradable contracts that let you "BET" on whether something will happen or not.
    I refer to them as YES or NO bests

    Bianary standardize and focus on financial markets including forex as well as economic events.

    HOW DO BINARY OPTIONS WORK?
    A Binary Option asks a simple yes/no question.
    Will the price of AUDUSD will be above $1.0200 at 1:30pm?

    If you think yes, you buy the Binary Option. If you think no, you sell.
    The price at which you buy/sell is not the actual price of AUDUSD, but rather a value between zero and 100.

    For example, AUDUSD> 1.0200 (1:30PM) may be priced at 42.50/48.50. The first figure is the bid price (sell), the second is the offer price (buy).

    The bid/offer price fluctuates throughout the day, but always settles at either 100 (if the answer is yes) or zero (if the answer is no). Your profit/loss is calculated using the difference between the settlement price (zero or 100) and your opening price (the price you bought or sold at).


    Binary options can add a new dimension to Forex trading. If you want me to share with you the next chapter on binary options , please click on like; If I see 50 Likes I will post the next chapter.
    I like it and it may be interesting to trade on it. But must brokers dont deal.
    Xenofanes, bmwtech21 and kamoro like this.

  3. #3
    mozelly is offline Recruit
    Join Date
    May 2012
    Posts
    2

    Default binary options, I like, please more details

    I like, please give more details
    Quote Originally Posted by Huskins View Post
    Binary Options

    What are Bianary options?
    Bianaries are tradable contracts that let you "BET" on whether something will happen or not.
    I refer to them as YES or NO bests

    Bianary standardize and focus on financial markets including forex as well as economic events.

    HOW DO BINARY OPTIONS WORK?
    A Binary Option asks a simple yes/no question.
    Will the price of AUDUSD will be above $1.0200 at 1:30pm?

    If you think yes, you buy the Binary Option. If you think no, you sell.
    The price at which you buy/sell is not the actual price of AUDUSD, but rather a value between zero and 100.

    For example, AUDUSD> 1.0200 (1:30PM) may be priced at 42.50/48.50. The first figure is the bid price (sell), the second is the offer price (buy).

    The bid/offer price fluctuates throughout the day, but always settles at either 100 (if the answer is yes) or zero (if the answer is no). Your profit/loss is calculated using the difference between the settlement price (zero or 100) and your opening price (the price you bought or sold at).


    Binary options can add a new dimension to Forex trading. If you want me to share with you the next chapter on binary options , please click on like; If I see 50 Likes I will post the next chapter.
    5hoots, Sandirose5 and dwayne1015 like this.

  4. #4
    khalsi is offline Recruit
    Join Date
    Nov 2011
    Posts
    6

    Default

    i am actually using binary option to trade news but i don't have a solid or good strategy for that ....
    Xenofanes and Kingrex like this.

  5. #5
    Mike7P is offline Recruit
    Join Date
    Jun 2012
    Posts
    9

    Default

    I would be really interested to read more from you on Binary Options as I have recently begun learning how to trade them, your knowledge would be greatly appreciated by me for certain.
    Thanks again Huskins for all the good you do on this forum. You are truly a great man.
    Kind regards
    Mike7P
    Xenofanes likes this.


  6. #6
    Mike7P is offline Recruit
    Join Date
    Jun 2012
    Posts
    9

    Default

    Quote Originally Posted by tony orah View Post
    I like it and it may be interesting to trade on it. But must brokers dont deal.
    Type Binary Options in Google and you will find loads of Brokers.
    One word of advice to anybody wanting to start trading Binary Options though. Most brokers offer what look like fantastic incentives to open an account with them, such as up to 100% bonus of your initial deposit, as well as free iPads etc, think very carefully before taking these offers up, because you will find in the small print that you may have to turnover the bonus plus your deposit 20 or 30 times before you can make any withdrawals. So if you put in $1000 and accept a bonus of $1000 then you may have to turn over up to $60,000 before you can withdraw even your own money!

  7. #7
    klovessh is offline Recruit
    Join Date
    Jul 2012
    Posts
    1

    Default clear and succinct.

    Please go on with your lessons.
    So the pay off for the aususd example is either gain of 100-48.50 or loss of 0-42.59?
    So the binary option of any binary currencies pair is always priced within 0 to 100US$? Did I get it right?

    QUOTE=Huskins;99342]Binary Options

    What are Bianary options?
    Bianaries are tradable contracts that let you "BET" on whether something will happen or not.
    I refer to them as YES or NO bests

    Bianary standardize and focus on financial markets including forex as well as economic events.

    HOW DO BINARY OPTIONS WORK?
    A Binary Option asks a simple yes/no question.
    Will the price of AUDUSD will be above $1.0200 at 1:30pm?

    If you think yes, you buy the Binary Option. If you think no, you sell.
    The price at which you buy/sell is not the actual price of AUDUSD, but rather a value between zero and 100.

    For example, AUDUSD> 1.0200 (1:30PM) may be priced at 42.50/48.50. The first figure is the bid price (sell), the second is the offer price (buy).

    The bid/offer price fluctuates throughout the day, but always settles at either 100 (if the answer is yes) or zero (if the answer is no). Your profit/loss is calculated using the difference between the settlement price (zero or 100) and your opening price (the price you bought or sold at).


    Binary options can add a new dimension to Forex trading. If you want me to share with you the next chapter on binary options , please click on like; If I see 50 Likes I will post the next chapter.[/QUOTE]
    giallo, Sandirose5 and Penny like this.

  8. #8
    wolf7050 is offline Recruit
    Join Date
    Jul 2009
    Location
    Massachusetts
    Posts
    6

    Default

    Quote Originally Posted by kloves View Post
    Please go on with your lessons.
    So the pay off for the eurusd example is either gain of 100-48.50 or loss of 0-42.59?
    So the binary option of any binary currencies pair is always priced within 0 to 100US$? Did I get it right?

    QUOTE=Huskins;99342]Binary Options

    What are Binary options?
    Binaries are tradable contracts that let you "BET" on whether something will happen or not.
    I refer to them as YES or NO bests

    Binary standardize and focus on financial markets including forex as well as economic events.

    HOW DO BINARY OPTIONS WORK?
    A Binary Option asks a simple yes/no question.
    Will the price of AUDUSD will be above $1.0200 at 1:30pm?

    If you think yes, you buy the Binary Option. If you think no, you sell.
    The price at which you buy/sell is not the actual price of AUDUSD, but rather a value between zero and 100.

    For example, AUDUSD> 1.0200 (1:30PM) may be priced at 42.50/48.50. The first figure is the bid price (sell), the second is the offer price (buy).

    The bid/offer price fluctuates throughout the day, but always settles at either 100 (if the answer is yes) or zero (if the answer is no). Your profit/loss is calculated using the difference between the settlement price (zero or 100) and your opening price (the price you bought or sold at).


    Binary options can add a new dimension to Forex trading. If you want me to share with you the next chapter on binary options , please click on like; If I see 50 Likes I will post the next chapter.
    [/QUOTE]
    Can Americans do This or are we limited because of banking regulations?

  9. #9
    khalsi is offline Recruit
    Join Date
    Nov 2011
    Posts
    6

    Default

    Huskins , what's your approach for trading binary options using news please ?

  10. #10
    Huskins's Avatar
    Huskins is offline Special Consultant to the FPA
    Join Date
    Oct 2007
    Location
    Toronto, Canada
    Posts
    790

    Default

    Can Americans do This or are we limited because of banking regulations?[/QUOTE]

    Americans can do that but only through regulated brokers.... and as it is I dont deal with the unregulated brokers...so you could do this ... wait for futher chapters
    Sandirose5 and Kingrex like this.

Page 1 of 2 12 LastLast

Similar Threads

  1. Binary Options Xposed, Options-World, BankOptions, EveryOption
    By Jah Thomas in forum Scam Alerts Folder
    Replies: 14
    Last Post: 08-15-2014, 09:27 AM
  2. Learn Binary Options Chapter (3): Risk Reward profile using a Live Example…(2)
    By Huskins in forum Learn Forex Binary Options - Chief Currency Strategist Huskins' eBook
    Replies: 10
    Last Post: 09-26-2012, 09:27 AM
  3. Learn Binary Options Chapter (3): Risk Reward profile using a Live Example…
    By Huskins in forum Learn Forex Binary Options - Chief Currency Strategist Huskins' eBook
    Replies: 14
    Last Post: 09-22-2012, 09:05 AM
  4. Forex Binary options : Chapter 2 : Traditional Options and Binary Options.The What ...How and Why....
    By Huskins in forum Learn Forex Binary Options - Chief Currency Strategist Huskins' eBook
    Replies: 7
    Last Post: 09-09-2012, 02:50 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •