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Just to let everyone know this "trading system" of using Oanda Box Options around news events is old news. I bought it as an eBook about two years ago and I doubt the op created it himself.
About 12 months ago you could get huge payouts around news events. I remember one NFP release when they were paying out 250% on a miss box. It was sweeeeet! As the previous poster correctly noted, Oanda has since caught on and now you will be lucky to get a payout greater then 50% of your purchase price. I did all of the backtests and math awhile back and figured you need a payout of at least 80% to make this bet work in your favor. There may be some other ways to trade with these boxes that are profitable but around news events its been killed by Oanda. |
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LinkBack to this Thread: http://www.forex-tsd.com/news-signal-trading/13459-fxbox-way-gain-more-than-pips.html
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| Posted By | For | Type | Date | |
| ++ FXBox (a way to gain more than pips) ++ - RSSMicro Search | This thread | Refback | 05-01-2008 07:49 AM | |
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