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Monetizing My 2018 Forex and Gold Forecast

As the tradition goes, I do not just post my yearly forecast — I act on it and open the binary option trades that end up in-the-money if the forecast turns out accurate. To do it, I use the Ends Between subtype of the Ends In/Out binary option type at Binary.com (one of the few brokers that allow custom expiration period of 1 year). I have opened seven trades this year: EUR/USD, GBP/USD, USD/JPY, USD/CAD, USD/CHF, AUD/USD, and gold:

Binary option portfolio based on my 2018 Forex and gold forecast

I had to skip oil (no Ends In/Out option type for this commodity at Binary.com) and had to use a much lower stake for my USD/CHF forecast due to the trading platform’s limitations. Unfortunately, the potential payouts are quite low on all the trades, except for the USD/JPY contract, which offers 568% ROI but is not very likely to end up in-the-money according to the options pricing. All options expire at the end of the trading session on December 31, 2018, which will be a normal trading day this year.

If you want to tell us more about your preferred way of making money on your currency predictions for 2018, please feel free to do so using the commentary form below.

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About Louie Lewis

Louie Lewis
Successful forex trading starts with you first. Then comes the actual strategies and techniques. I have been involved with forex and forex trading for a few years now. It is a wonderful way to build wealth. The learning never stops and I want to help others along their journey into this wonderful market of opportunity.

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