So I apologize for not posting another trading video sooner, as I have been a little occupied with a couple of other projects and family commitments. Nevertheless, I took sometime recently to create a video of a recent Digital Option Trade on the EUR/USD Forex pair. I targeted this pair after noting that the pair had some heavy trading activity going on that day. A digital option is an option whose payout is fixed after the underlying instrument (in this case the EUR/USD Forex Pair) exceeds the predetermined threshold or strike price. It is also referred to as a “binary” or “all-or-nothing option“.
You can watch the following video to see the steps I took to determine the entry point for the trade, and how I made risk assessments of the trade to determine the successful outcome.
You can trade successfully just like I did by opening …