Have a look at this extremely simple strategy.

Backtested since the beginning of the year shows a worthwhile return.

Method:

Place a binary bet on FTSE to finish in the direction of the previous Dow close. ie. if Dow closed -ve yesterday then 'buy' FTSE to finish down.

The figures I have used are very conservative, basing the results on a 50/50 price. ie entering my binary trade at 50. In reality it is often quite easy to get a better price therefore improving the risk reward to say 40/60 or 30/70.

Basically the backtest figures show -150 for a loss and +150 for a win, but in reality could be around -90 / +210 etc. This figures are in pounds using the minimum £3/point bet on IG.

Employing size positioning could have increased return further by upping the £/point after £1000 gain perhaps.

Just some food for thought.

Wideboy

Backtested since the beginning of the year shows a worthwhile return.

Method:

Place a binary bet on FTSE to finish in the direction of the previous Dow close. ie. if Dow closed -ve yesterday then 'buy' FTSE to finish down.

The figures I have used are very conservative, basing the results on a 50/50 price. ie entering my binary trade at 50. In reality it is often quite easy to get a better price therefore improving the risk reward to say 40/60 or 30/70.

Basically the backtest figures show -150 for a loss and +150 for a win, but in reality could be around -90 / +210 etc. This figures are in pounds using the minimum £3/point bet on IG.

Employing size positioning could have increased return further by upping the £/point after £1000 gain perhaps.

Just some food for thought.

Wideboy