My Search for Nadex Binary Signals

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Jan 6, 2010
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#1
Hi fellow traders,
I love to find a good trading signal provider, especially one with some training/ education.
I was looking for Nadex Binary Signals. As a good signal service would be convent to trade from a phone. If you know of any, let me know.
First need to define my terms
I define a signal as an enter price, exit price and a stop. The price could be a price range. I have had trouble finding signals for Nadex, even the "experts" on Nadex don't seem to have signals, just "education". Well education without a track record to me is like a flight instructor that never gets in a plane. In other words, I want to see the educator can trade himself. And tracking trades is trading 101. See the book "The New welcome to my trading room" Book. (Mine is signed by the author)
So far I have found 4...
Dex Signals (forex and Binary forex) $127.00 (they run special prices)
Major League Trading Binary Signals $300.00
Just Signals now redirected to FXJunkie $75.00
US Binary Signals $97/month
Anyone know any others?

Just Signals did a track record that look good, but not seeing it on the new site, FXJunkie. They also have suggested ways of trading the signals to maximize profits. But unfortunately the new website does not have track record and maximizing information. Another red flag with FXJunkie is the lack of a person, address, phone number etc.
Dex Signals does not look like a signal service but more of a tipping service without a target and stop and no track record. But they say they show you how too trade the many signals
Major League Trading is new and no track record, but the guy does trade the Emini with a DOM in view. It is very expensive at $300/month. He has an Nadex course.
US Binary Signals Say average price $65 and average win 80% and 5 trades per day. So mathematically that is $146 USD/ 10 trades. without slippage.
I don't see much on the forums about the above people. So I guess the way to find out is to jump in and start Sim trading one or more of the Signals.
 
Jan 6, 2010
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#2
MLT
2016-04-29 Said long US500 at a buy 49 at 2042, but no 2042, later said it was 2084 and claimed a win. So error in TXT (but this is a new service, so a few bugs.)
2016-05-02 Said sell US500 at 57 loss of $43 plus $0.9 =-$43.9
 
Jan 6, 2010
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#3
MLT
2016-05-03
Sell US500 Daily 2058 at 53 canceled (would have been a winner but close)
Sell US500 Daily 2055 at 53 loss closed at 2057.00 -$49.90
 
Jan 6, 2010
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#4
MLT
2016-04-04 no trade signal
2016-05-05 US500 Daily 2050 Buy loss closed below 2050 at 2044.00 loss of $49 plus $0.9 =-$49.9
 
Jan 6, 2010
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#5
MTL
2016-05-06 and 2016-05-09 None
2016-05-10 US500 Daily 2569 Buy at 10:45am, did not fill.

Last week lost $143.7 per contract traded.
 
Jan 6, 2010
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#7
MTL
2016-05-12 US500 Weekly 2031.5 Sell $85.00 at 10:18amCST loss Friday above 2031.5 at 2043.50 loss of $15 plus $0.9 =-$15.9
Note: So far this signal service is 100% wrong in 2 weeks. This is a new signal and I paid $300.00
He just sent an email out that he is extending the Nadex signals another 30 days so will see.
I was hoping for a 55% or better signal that I could double down on. So a win then lost then win.
 
Last edited:
Jan 6, 2010
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#8
MTL
2016-05-16 US500 Daily 2049.00 Buy $49.00 at 10:19amCST loss above 2049.00 did not fill
2016-05-17 Sent a weekly for 2069.5 that filled at $10.75 better than his suggest price. I am not saying it was a buy or a sell as I don't think I should give out his signals to non paying people.
 

wackypete2

Well-known member
Sep 24, 2008
10,134
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New Jersey
#9
I have recently taken an interest in nadex to supplement my forex trading, but NOT hedging. Just like forex I wouldn't trust any signal services. I will post here some of my own trades and hopefully show it can be done profitably.
 

wackypete2

Well-known member
Sep 24, 2008
10,134
2,012
323
New Jersey
#12
The method I'm using is a play on the lack of volatility during this time.
I also use a breakout method on the eurjpy and am testing a strangle method mostly for news times.

Peter
 

wackypete2

Well-known member
Sep 24, 2008
10,134
2,012
323
New Jersey
#16
looks like the gu won't get filled, but plenty of time left so we will just wait.
 

wackypete2

Well-known member
Sep 24, 2008
10,134
2,012
323
New Jersey
#19
Also I could have waited until expiry, but the underlyimg price was flirting with ending out of the money so I exited early for a very small profit (coffee money!)

Not a great first day here, but no loss!

Peter