This is my first time actually using drawings and patterns
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 | Hi Reddit! We are Nadex. We have been helping people aim to capitalize on market movements in a regulated environment for over 12 years. We know binary options have had a checkered past over the last few years overseas and we are here to address all your questions around US Binary Options and more. We’ll be answering your questions starting on Friday, 8/13 at 5:00pm EDT, so post them in the thread below now! submitted by NadexOfficial to u/NadexOfficial [link] [comments] What are Binary Options? In a nutshell, binary options are short-term, “yes” or “no” predictions on where the market will be at a certain time. A more detailed description can be found here. I’m Travis McGhee, CEO of Nadex. I joined Nadex in 2019, after having spent 15+ years in the trading world, as a trader, an executive and everything in between. As a military veteran I've always been extremely passionate about a mission that is much larger than myself. After leaving the military I was able to take that same passion and apply it to retail trading, giving everyday retail traders the same access to financial markets as the pros. This same love for retail trading (along with energy drinks) now fuels every single Nadex employee, like Dan Cook. Dan has been very involved right from the start of Nadex in 2009, including the last 10 years as Director of Business Development. Over that time, Dan’s responsibilities have touched virtually every aspect of Nadex including product design, platform enhancements and trading education. Nadex is a CFTC-regulated exchange for binary options, call spreads, and knock-outs. We offer our users secure and innovative ways to participate in the markets. We are strong proponents of educating all traders and supply a variety of educational resources for everyone whether they trade with us or not. Along with this we give users the ability to test out trading without risk with a free demo account as we believe new traders should be able to test their skills and learn to trade in a way that suits them before risking any of their money. Our mission is to provide our traders with access to short-term trading opportunities, 23 hours a day, 5 days a week, across the globe. We are also adding some links to resources you may find helpful:
https://preview.redd.it/9ond87mrycg71.png?width=719&format=png&auto=webp&s=d069885c4016cd6cd3083f241f4e471a5db9e51d Proof Pic: https://preview.redd.it/4ft28mrsycg71.jpg?width=1280&format=pjpg&auto=webp&s=348dfbcbb3e1c4b9cca7567defc56e6b4f3d29ff Now, the fine print: Please keep in mind that account specific questions, for security purposes, will not be answered on this thread, but should be directed to Nadex Customer Service by email at [[email protected]](mailto:[email protected]). Here are some guidelines:
This Ask Me Anything includes views expressed as of the event date, based on information available at that time, and may change based on market conditions. This information will not be updated. Opinions, statements, or views posted are communications by the persons posting them, and they are not adopted or endorsed by Nadex and do not represent the views of Nadex or its management. Posts by others that describe opinions, views or experiences may not be representative or indicative of another's personal experience. This information is intended to be educational and is not tailored to the needs of any specific trader. Nadex is not affiliated with Reddit and does not control, serve, adopt, or endorse any advertising, messages, or content that Reddit may publish on its site. Nadex does not adopt or endorse any products, services, advertisements, recommendations or statements, or any other content that may appear on Reddit or Reddit affiliated sites. No part of this AMA is intended to make a recommendation or state a testimonial for or about any service or product, or to provide investment, tax, or any other advice. Trading on Nadex involves risk and may not be appropriate for all. Members risk losing their cost to enter any transaction, including fees. You should carefully consider whether trading on Nadex is appropriate for you in light of your investment experience and financial resources. Any trading decisions you make are solely your responsibility and at your own risk. Past performance is not necessarily indicative of future results. None of the material contained herein is to be construed as a solicitation, recommendation or offer to buy or sell any financial instrument on Nadex or elsewhere. This profile is designed for U.S. residents. Non-U.S. residents are subject to country-specific restrictions. © 2021 North American Derivatives Exchange, Nadex, and the N Nadex logo are registered trademarks of IG Group, Ltd. All rights reserved. Unauthorized access is prohibited. Sponsored by North American Derivatives Exchange, Inc. ------------------------------------------------------------------------------------------------------------------------------------ Edit: Hey Reddit! We want to give a huge THANK YOU to everyone who participated in the AMA. It was a blast taking all of your questions and getting to hear Reddit’s POV on a product as niche as ours. We hope we were able to give everyone a better understanding of what binary options are, as well as clear up any misconceptions you might have had. We look forward to doing this again soon! Check out our response video here! |
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 | I know this is mostly traditional Binary Options, but I trade 5 minute binaries on Nadex and am bored so wanted to share my strategy. I've practiced this for a few months now on Demo and have been trading it live for about a week and have turned $150 into $1,116 thus far. The strategy is based around finding reversals on the 1M chart for overbought/oversold pairs using Stochastic and Divergence. If you don't know divergence, just look it up. submitted by mrcutti5 to binaryoptions [link] [comments] I only trade AUD/USD, EUUSD, GBP/USD on Nadex. I find the strike areas to be much more attainable for this strategy, also at 11 AM CST, the strike areas go from 4 pips apart to 2 pips apart, making out of the money moves a lot more attainable. In the screenshot below the vertical lines represent a 5 minute period, the horizontal lines represent the strike zones for the last 5 minute period I created. I like to wait until I see a pair is overbought or oversold, at which point I wait to see if we get a pull back to the "high" that was created. Once the high is tested again, take a look at the Stochastic. We see that while the chart is making a double top, the stochastic is making a lower high. This is a fairly good bearish indicator. At this point, I am waiting for the next 5 minute contracts to become available to find an entry point. In the example below, the circled candle is where I would have potentially gotten a put contract for the .7631 strike. I would have liked to have gotten it while it was above the strike rate to try and get as close to a 1:1 RR as possible. I imagine a contract on that candle would have been somewhere between $45-$55. Personally, for my risk tolerance, I would be looking at potentially an opportunity to get in on the .7627 strike. After the next candle finished pretty strong, I see that as a good indicator we would be going down further. Since this would be a fairly deep OTM call, I would imagine put contracts for that strike at that candle would be between $60-70 ($40 risk, $60 reward). As the candles continue to go down, I like to see how the movement is around the strike rate. If I feel uncomfortable or I notice that the candles during that trading period have been very "wicky" I will sell my contracts ATM to avoid losses/headaches/stress. In this instance the candle closed with conviction and I would have collected my $60-$70 premium on the contract. This works well when the market is ranging. It CAN work well at the tail end of huge moves in one direction or the other, you just have to wait for the market to tell you when the move is over, or you will get burned. Again, I know this is more of a traditional binary options group, but I've seen some Nadex posts so I wanted to provide the information I've learned and what has been working for me. Cheers! https://preview.redd.it/jgolzavbuhp61.png?width=1349&format=png&auto=webp&s=b4fae3b005554805555090877e39b0f792bea32d https://preview.redd.it/3ckbeus9whp61.png?width=760&format=png&auto=webp&s=6ee06ad79368988950df352beb2baaaaa33206da |
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A step-by-step guide to the easiest Nadex Binary Options Trading Strategy. Learn how 2master Binary Options thru Big Ben
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