Here is an example of a trade strategy that is logical but “outside the box”

By January 31, 2017Uncategorized
  1. At 09:30GMT there were 3 simultaneous “Tier 2” UK news releases and all three were worse than the consensus forecast
  2. GBPUSD had an uncharacteristically small range so far for usually volatile 09:00GMT to 10:00GMT hour
  3. The binasry option 17 pips out of the money for 10:00GMT expiration was only $6.50 to win $100.00 (so about 13 to 1 odds)
  4. I took it and it worked beautifully