I just got a heads up that several forex trading cross pairs got a boost to 81% yields - which if you use any kind of binary hedge strategy really improves the performance of the trade pair.
No day trading forex market disconnect between risky cross pairs and the S&P 500 at the open this morning... they may be on to me haha. To make money doing this stuff I wait for what others have called de-coupling and then I jump in.
Our read of the S&P 500 at the open is decidedly negative given the risk-off signal coming from the forex markets. Given we opened more or less level / near zero we see binary options trading put open as the play.
Day trading options to make money today involve starting with about a plus 0.6% rise in the S&P 500 off yesterday's close. We missed with our binary hedge yesterday (which happens more often than not when you don't get a 50-75bp spread). I'm not 100% certain but I think someone let a...
