Darian’s Experience with Auto Binary Signals

October-24-2014

This is Darian’s candid impression of Auto Binary Signals (ABS). After using ABS for about a month, he found the main tab is just inadequate to get the job done. You will have to upgrade to at least “Pro Strategies.” The ABS base package is $97 (sometimes available with a discount), and the Pro Strategies upgrade is $117. However, both the basic ABS signals package, and the Pro Strategies upgrade are one-time fees. (Or a $214 one-time cost). So, after you pay for these, you have them for life. That having been said, you have a very useful signal indicator, which can be used to make binary option trading profits.

Additionally, there are the “Pro Signals” and “Pro Training,”  which are both upgrades. Pro Signals are directly from Roger Pierce’s trading account, with long expiry times. Pro Training is a binary options training class. The instructor shows you how to set up a trade, and use advanced trading strategies.

However, all you really need are the main ABS and the Pro Strategies. What Darian has come to realize about ABS is that many people don’t know how to use the signals effectively. Of course, some will call Auto Binary Signals a scam. However, Darian is convinced ABS is not a scam, but can be used with a profitable outcome. 

ABS generates a signal 24/7 with a countdown timer, providing a trade initiation deadline. The binary option trades have two time frames:

  • 1 min – 5min
  • 15 min – 1 hr

Darian always goes for the 1 hr time frame. You will see the direction of the asset trade, the accuracy percentage, and the time you have left to place the trade. For example, you have the Asset Gold, going in the up direction, with an accuracy percentage of 86%, and you have four minutes to place a trade.

 Here are some tips that can help you:


  1. Do not trade all the signals that ABS produces. It’s just software, and can’t possibly predict the market accurately, all the time.
  2. Do not place trades with less than one minute on the countdown timer.
  3. Only place trades with a signal accuracy above 86%
  4. Go for assets like Gold, Silver, Copper, IBM, EUR/USD, EUR/JPY,  AUD/USD, JPY/USD, and AAPL

A few comments about Pro Strategies: The reason why Pro Strategies is so important is because it shows the trend, the signal accuracy, and, most importantly, it shows the volatility of  the asset.  Usually, the trades with assets having low volatility are the most successful ones, because they aren’t affected much by up or down changes in the market. So, those assets are frequently a win for Darian. The Pro Strategies works with ABS to produce a special signal called a perfect match, and it appears with a red color. The Pro Strategies is a more in-depth look at the financial markets than the base ABS. It analyzes the market with a lot more charts, and so it produces a very special signal that comes along once every couple of hours. On certain days when the market is aligned , you’ll get several Pro Strategies signals.

Darian’s Conclusion for ABS

The cost is $97. You can, however, get ABS with some discounts. There are a couple of 5-day trial offers. Then, there are the upgrades. You can upgrade at any time, if you like. Plus, there is a 60-day money-back guarantee. People are still going to call ABS a scam, etc. Darian is, however, still using ABS, and willing to provide trading guidance on how to place trades with ABS.

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Michael Suggests Looking at Asset Correlations before Initiating a Trade

October-24-2014

Asset correlation analysis, is a technique in which you compare two different real-time graphs. You can use it with whatever strategy you are already using. It’s a great tool, and it will either disqualify, or qualify your trade prediction. You can use it as a secondary indicator, which could either confirm or deny your initial trading inclination. Some assets have a direct correlation, which means that for example if AUD is moving in an uptrend, Gold chart will follow, just because these two assets have a direct correlation. Just don’t worry why the two assets are correlated, just use the two charts.

Superimpose one graph on top of the other on your platform, thus confirming a trend is underway. Let’s say you want to buy a call option on Oil, but you notice the EUR/USD graph is in a downtrend, then you would consider this a disqualification of your impending trade. This correlation analysis would definitely supplement your analysis.

Michael uses this correlation analysis, when trading Oil or Gold, or any asset that has a direct correlation with another asset. One good options broker which allows trading a variety of assets is anyoption™. It has one of the lowest levels of starting investment, at $200.

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A Good Lesson on how to do Forex Price Action Trading – Using Candlesticks

October-23-2014

A common trading method is the use of 5 min. charts, and trading using price action analysis. This method of trading is about as empirical as one can get! It utilizes the use of candlesticks, horizontal support and resistance lines, and trendlines. To give you an idea what’s involved here, below is a 5 min. chart of EUR/USD, heavily annotated by a price action trader.

Price Action Analysis of EUR/USD 5 min. chart


Price Action Analysis of EUR/USD 5 min. chart

To understand the amount of analysis that occurs in a price action chart, the next figure is a detailed analysis of a section of the above chart, (the blue rectangular section) of the above EUR/USD trading chart, with comprehensive comments.

Price Action chart - annotated


Price Action chart – annotated

For real time charting, one can use a free charting tool like Metatrader 4, or use a number of proprietary chart tools. Either way,  the method is the same. Horizontal resistance and support lines are drawn, retracements are assessed, reversal patterns are noted, and confirmed by the appearance of candlestick patterns such as doji, evening star, haramai patterns, etc. When one is convinced that the price action signals are convincing, the trader will wait for a good entry point. Initiating a trade driven by a signal, it is then considered ‘triggered’. 

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In the video below, the enfolding market trends and price action analysis are described real time by an experienced trader. You may do well on your own, using price action trading methods. In real time trading, many have opted for a signals service, either free or paid.

Chris – From Down Under – Provides a Critique of Auto Binary Signals

October-24-2014

Chris, from an Australian company, provides his own review of Auto Binary Signals (ABS). His review of ABS includes a live trading example with ABS signals, and I value his opinions.

Some of the advantages of Auto Binary Signals are:


  • Accepts US Traders – you choose your own broker
  • short term – 1, 2, or 5 min signals offered
  • longer term – 15, 30, & 60 min signals offered
  • ClickBank 60-Day Money Back Guarantee
  • You may use your current  binary options broker account
  • On a daily basis, a video documentary proof of signal success is provided (the historical record is 80% accuracy)

Here are some disadvantages of Auto Binary Signals:

  • No actual integration of ABS and one’s binary broker account, unlike other signal services
  • An annoying sales funnel – nagging prompts to upgrade, until the actual purchase
  • Requires an upgrade for the automatic trading option
Auto Binary Signals window


Auto Binary Signals – an example signal

The software itself is web-based. Chris highly recommends utilizing ABS on a desktop PC, and not using a smartphone or tablet. It’s just easier to have two windows open, once you want to initiate a trade. ABS trading signals are high/low and 60 seconds. Signals are offered for every asset that is commonly traded.

Chris recommends you join a couple of different brokers.  In case your first broker is not offering you the asset you wish to trade, the second broker can be used as backup. Generally, the accuracy of the signals is around 80%.

So, how much does this cost? The one-time fee is under $100, giving you the software for life. You can upgrade to the Pro Signals service, which is around $200/month. This provides more indicators used for the signals, giving you more accuracy. ABS actually guarantees “can’t lose” signals in this service. An additional upgrade to the “Quad-Core Pro Strategies” is available, for a one-time fee. It’s more information, enabling you to use the ABS software more effectively. You can also upgrade to the PRO training videos, which are exclusive to ABS. You can purchase ABS using either Paypal or a credit card.

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Which brokers should you use with ABS? Chris recommends using ABS on the SpotOption or Tech Financials platform. They offer all the assets that ABS provides signals for. For U.S. traders, Chris recommends GOptions and Redwood Options. Chris recommends Banc De Binary (BDB) for world traders.

An Auto Binary Signals Trading Example

Chris shows a trading example, in real time. An ABS signal comes in, regarding NZD/USD, suggesting a price increase at 86% confidence. So, he goes to the broker window, and buys the call option. He also clicked on the “Details” box for more information. In the Details window, several indicators are shown, along with a Metatrader chart for the asset. With the 15m – 1 h Options charts, you get the same setup, but with a longer signal timeout.

Next, Chris starts actually trading some signals. He gets a signal to trade USD/JPY options. He goes to his broker (GOptions), and finds the USD/JPY asset. The signal is suggesting down, so Chris places a USD/JPY Put Option, with both a 60 sec., and a 2 min. expiry. At expiration, the 60 sec. put option was a winner, and the 2 min. option was also a winner.

In conclusion, Auto Binary Signals is a very easy system to use. It is a manual operation, but usability is excellent. Clear indications of when to use the signal, and when not to use it, are present. As long as you have your broker window open, and fire up the trade right away, you’re good to go with Auto Binary Signals.

Carlos Demonstrates ABS – His Own Review

October-23-2014

Carlos shows how he trades using Auto Binary Signals (ABS). The various binary option brokers have different initial minimum deposits, minimum trade amounts, and option types; several are recommended by Roger Pierce. Just follow any hypertext link, and register with a broker. Roger recommends activating more than one binary option broker account. By doing so, you have provided an option to place trades which may not be available if you rely on just one binary option broker. Not all brokers have the same assets available to trade, at the same time.  For instance, EUR/JPY may be available for trading with one broker, but this trade may not be available with other brokers. Also, you get additional value-added training material should you register with more than one broker. If you split $1,000 among four brokers, giving them each $250, they’ll treat you the same as if you gave $1,000 to one broker, as an initial investment.

Main ABS Page


Main Auto Binary Signals Page

On the main ABS page, ABS uses 5 trading signals, which need to simultaneously line up to recommend getting into a trade. You can see the signal details when you click on “More Details.” These signals provide the precise reasons why you could profitably trade a certain asset, with a profit potential.  In the video below, for example, is a trade in Intel stock, which ABS has pinpointed. There is a signal timeout clock, that provides the timing situation for the trade. Carlos usually likes to trade immediately, upon seeing a new trading signal generated from ABS. This is done so as to maximize profit potential from a trade. Carlos prefers not to trade when the signal timeout value is less than one minute. The signal can deteriorate over time, and starts to become inaccurate.

There is a division in the Main Strategy ABS page, between 1m – 5m Options, and 15m – 1 hour Options. Usually, you’ll see more signals for 1 to 5 minutes, but Carlos likes the longer term options (15m – 1 hour) most. For the longer duration Options, the signals are a bit more accurate and reliable. However, there are not as many signals.

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As a trading example, Carlos shows a new asset popping up, EUR/GBP, with a down trend of 89% expectancy, and a signal timeout of 2:42. Carlos will go to the options broker he has open at the moment, which is currently Optimarkets™. Usually, he has two to three brokers with open windows, so that if one broker does not have this asset, Carlos can jump to a second broker to do a trade.

Here, Carlos moves to his Optimarkets™ window, and initiates a EUR/GBP Put, investing $100, with a 5 min. expiry. Upon confirmation the trade executed successfully, Carlos looks for a color-coded confirmation (green = in the money, red = losing trade) from the options broker.

In conclusion, this is how Carlos decides what trades to place, and how the initiates these trades. Carlos does not recommend trading all the assets which have a signal. Every day, watching ABS, you’ll learn which assets are better for you to trade, depending on your strategy. For Carlos, he clearly prefers 15m – 1 hr assets. Your strategy may differ.

Are Binary Options a Scam? – Michael Looks into this Claim

October-23-2014

Are Binary Options really a scam? Michael looks into these claims, and attempts to introduce some perspective on this topic. Michael has made over 40 videos on the topic of binary options, he trades from his own accounts, yet he gets questions from new traders who wonder whether binary options are a scam or not. Let’s understand who is claiming that binary options are a scam.

First, you have the marketers, who promote their product. The ones who are trying to sell signals, or trying to promote different platforms, and what they do is tag their videos with the word “scam.” What they’re doing is trying to capture your attention. So, you click on their video, and then they’re going to try to sell you their product. Overall, they’re giving the industry a bad name, turning people away, and you end up wondering at the end of the video whether this or that vendor or broker is a scam or not, and why didn’t they address the issue indicated by the title of the video? Michael thinks this is a really bad marketing tactic; it’s just harming the industry.

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Next, why are the binary options companies not regulated in the U.S.? Except for Nadex, they’re not physically located in the U.S. Since Nadex is located in the U.S., they in fact are regulated. So, the fact the majority of binary options companies are located overseas, explains why they are regulated by overseas authorities in the EU, Cyprus, Asia, etc. This raises the question, what does it mean to be a regulated binary options company? As anyone can determine, scams happen frequently in the U.S., despite heavy regulation. One example of this is the moving industry in the U.S., over half of which are legal scams. So, just because a company is not regulated in the U.S.does not mean it is a scam.

Another misconception is that the binary options market makers are manipulating the expiry pricing. The expiry price is in fact 100% in-sync with Reuters prices. Most of the brokerage companies work with Reuters. Possibly, pre-expiry pricing is slightly skewed, however there is no manipulation of the price at expiration.

Obviously, binary options is a high risk investment, and the broker is not your friend. If a broker offers you a bonus, for example, don’t take it! It is a bad business practice, however not a true scam.

Is binary options investing just gambling? Gambling is relying on pure luck and intuition. With binary options, you have the entire market in front of you. With binary options, it’s up to you to create your own strategy! You can focus on one or two assets, you can set the time frame of expiry, and you can set the expiration prices based on your own preferences. Regarding expiration time frames, you can set it for one hour, one month, or even one minute. It’s up to you. But, you should know a trend is easier to spot on a longer time frame.

You decide the time frame, and the asset you want to focus on. Binary options doesn’t limit you to just trading in currencies. It’s not some get rich quick, overnight type of system. At times, it is risky. In fact, if you are not using a strategy, and you aren’t familiar with a market, then you are just gambling, and you have a better chance of actually losing money.


Bottom line, if you have a well-defined strategy, you can do well at binary options.  Properly researching the binary options broker in advance is the best way to avoid potential scams

A User’s Candid Opinion on Auto Binary Signals – His Own Take on the Product

October-22-2014

Darian provides a short review of Auto Binary Signals, (ABS). First off, this software was developed by Roger Pierce, originally from the UK. He has a degree in computer science from the London School of Economics. He once worked at J.P. Morgan. After moving to New York, he worked in the stock market, at various New York firms.


The product is downloadable, it takes advantages of developing situations in the binary options market, and it works by alerting traders to profitable binary options trades in various financial markets. The very minute a potential trade becomes profitable, ABS transmits a trading signal. In the members area, you have the option of choosing the software performing all of the trades for you. This is the automatic feature of ABS. So, you can just set ABS to run on auto-pilot.  You virtually go to bed, and ABS is performing trades for you. ABS is compatible with all binary options trading platforms. In the members area, you have tutorial videos and additional training that enable you to use the software to its fullest capability.

The cost of the software is quite modest. So, is this software worth it? Darian can’t answer this for anyone else. He notes it has a 60 day money-back guarantee. Sad to say, ABS does not offer a free trial. They are however confident in their product, that it will make you a lot of money. Roger Pierce demonstrates how he made $237,000 early on, by using this software. He is using ABS right up to the present.

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Darian’s advice is: try the product. If it does not make you any money in the 60 day time period, just get a refund back in cash. ABS has 24/7 support, and Darian has done his research. He would not be telling others about Auto Binary Signals if he felt this software was not worthwhile.

Darian has read a lot of reviews of ABS, and seen a lot of video testimonials. One guy said he made $5,000 in less than two weeks, and some may be telling the truth, others may not.

So far, Darian has not seen anyone say anything bad about ABS. Not one person has called ABS a scam. So, he gives Auto Binary Signals a rating of 8.9/10. This is high praise, the reason being the software, the web page, everything seems A-OK.