Binary Options Pro Signals Review – Real Time Analysis

I just couldn’t pass up the $7 trial for the Binary Options Pro Signals so I figured I’d conduct another review ala Striker9. Below I will walk you through step-by-step how to get started with the Binary Options Pro Signals service. For those who haven’t taken the leap simply click on the link below to begin your $7 trial.

Binary Options Pro Signals — Just $7 to Start

Following payment I was taken to the members area where I could access previous detailed performance with options including today’s signals, yesterday’s signals, and last 30 days results. A quick check shows these signals seem to be legit.

The Binary Options Pro Signals service monitors 10 assets with commodities, forex, and indices represented. Interesting enough no stock signals are currently being offered. I guess it really doesn’t matter what I’m trading as long as the binary options signals are fairly accurate. In general any binary options signals service needs to be correct around 55% of the time to yield a profit. With historical accuracy trending around 73% the Binary Options Pro Signals seem to be on the right track but now we put it to the test.

Every morning the Binary Options Pro Signals delivers daily signals for the relevant assets. Note – signals are not generated on each asset every day. In addition to the daily email I sign up for real-time emails for all 10 assets, which will be delivered when an asset is closing in on a specified level.  That’s pretty much it in terms of set-up. For those that don’t have binary options trading accounts we recommend Bee Options and CitiTrader as these platforms offer the greatest number of end of day expiries which you will NEED to participate in the B.O.P.S. service.

Binary Options Pro Signals — Just $7 to Start

Day 1: Received the daily binary options signals email at 8:30 am ET alerting me to potential signal levels for 5 of 10 assets. Throughout the morning I receive alerts that Crude Oil is approaching a level I should act on to purchase a binary call.  After logging into my account I see that I should purchase a binary call if Crude is trading below 91.17. I lock in a purchase price of 90.952 and walk away. Crude finished the day at 91.075 and thus I win. However the closing price was not above 91.17 for what it’s worth, though a win is a win. (1-for-1: 100%)

Day 2: Received the 8:30 email alerting me to 5 potential signals for the day. Receive an alert around 12:30 ET that the USDCAD is closing in on a potential put purchase level. I purchased the binary put with the USDCAD in an uptrend. The USDCAD traded around the target level for a while before taking off to the upside…not so good. The position finished out of the money, will be back on Monday (1-for-2: 50%)

Day 3: No Trade.

Day 4: Received 5 potential trades around 8:50 am, a little later than usual. A half hour later received notification that the USDCHF was approaching the target level. It has been hard for me to purchase binary calls (puts) in a declining (increasing) trend, but the signal was to purchase a binary call with levels at or below 0.8307. I purchased right below 0.83 and watched as levels continued lower, fortunately the trend reversed and I ended up in the money at 0.8329.

The binary options pro signals service also alerted a potential trade in the GBPUSD. Full disclosure I did not trade this one but looking back at the charts you would’ve had to be staring at the charts to act on this one as a put signal was created at the very top of the range 1.604. This level was provided in the morning email so I’ll chalk up this up as a win for the binary options pro signals service. (3-for-4: 75%)

Day 5: No Trade.

Day 6: Frustrating loss in the USDCHF today, missing a winner by a few pips.  Given the USDCHF trade from 2 days ago along today’s trade (despite the loss), the binary options pro signals seems to do a good job of selecting appropriate purchase levels, especially in the USDCHF. (3-for-5: 60%)

Day 7: Another close call in the USDCHF today but this time we ended up on the right side of things. The USDCHF finishes a mere 5 pips below the put purchase price. (4-for-6: 67%)

Day 8: No Trade.

Missed a few days but here are the most recent results:

Day 9: Winning trades on the EURUSD and Nasdaq 100; lost on GBPUSD. (6-for-9: 67%)

Day 10: Winning trades on EURUSD and GBPUSD. (8-for-11: 73%)

Day 11: Winning trades in EURUSD and Oil; losing trades in GBPUSD and AUDUSD. (10-for 15: 67%)

Day 12: Winning trade in Nasdaq 100, losing trade on Oil. (11-for-17: 65%)

Day 13: No Trade.

Day 14: Winners in AUDUSD and GBPUSD. (13-for-19: 68%)

Day 15: Winners in Oil and AUDUSD, Losers in Nasdaq 100 and USDCHF. (15-for-23: 65%)

Binary Options Pro Signals — Just $7 to Start


22 Responses to Binary Options Pro Signals Review – Real Time Analysis

  1. ron says:

    Which system is better the binary pro signals or the striker 9 light

    • admin says:

      Too early to determine, still testing the pro signals. Striker9 is solid, no doubt. When I finish the review I’ll rank them against each other so stay tuned.

      • monty says:

        striker9 is for stocks and it looks like this system you are reviewing is for currencies and commodities. I don’t think comparing them is apples to oranges. Don’t you think.

        • admin says:

          Comparing them in terms of accuracy and profitability is definitely a fair comparison point, the type of assets being traded is largely irrelevant to me.

  2. Tim says:

    Are all their signals for “end of day”? Also, on Day 2 you said they gave 5 signals yet you only traded on one. Was that on purpose that you chose to act only on 1? Do you know how the other 5 signals would have turned out? Thanks.

    • admin says:

      The system typically provides target levels for at least 5 assets and follows up with notification emails when levels are approaching these levels. On that specific day only one of the targeted assets were targeted/signaled for trade execution.

  3. Hi, I don’t really think you can consider it a win for your 1st day. The signal lost as you said. If you had followed Pro Signals Price, you would have been out of the money. Anywya I think you should be aware that their percentage for the month of June is only 51%. While for May it was 62%. It has been falling since April. The signals also have been lesser. From a claim of 10 signals a month, it became 7, then 5. And it’s not like the 5 are strong money makers. Just my 2 cents worth.

    • admin says:

      Point taken…I guess I need to determine whether to focus on my P/L vs. strict system P/L. The problem is we all know there is a big difference between live trading and hypothetical trading in terms of execution levels. Most of the time we’re not going to be able to execute on the exact price the system instructs us to.

  4. Kent says:

    What determines the profit % on a winning trade? Is a losing trade always a 100% loss?

    • admin says:

      Depends on platform/asset…for simplicity sake I’m leaving out dollar amount P/L and focusing solely on winning trade %.

  5. bill a. says:

    Do you autotrade? With which brokers?

  6. Rich says:

    Which broker do you recommend for US clients?
    I see that anyoption has serious restrictions. thank you.

    • admin says:

      I use OptionBit and Anyoption the most and more recently I started using Banc de Binary for some of my weekend trading. Those are the top 3 platforms in my opinion.

  7. Rich says:

    Thanks for your reply. However, Binary Options Pro Signals, which you are reviewing, will not work for US clients. Does optionbit have the same restrictions? Thank you.

  8. Steve says:

    Hello, I was just introduced not long ago to Binary options and signed up with Anyoption. I have been looking for signal providers and basically I can find 2 that are affordable. First being Binary options pro signals and Striker9 light. I see that you did a 2 week review on the pro signals, but I haven’t talked about it since. Do you still use them? What is their win % since your last review? How about Striker 9 lite? It’s so hard to find stuff on the internet that is legit! You seem like someone who knows about this and actually uses the systems to make some money. Can you help me make the right choice….

    Thanks so much for your help and wisdom!!!

    Steve

    • admin says:

      If you are new to binary options trading I would probably lean towards Striker9 as it teaches you a process and method to identify profitable entry points. The binary signals on the other hand simply send you entry points throughout the day but don’t really teach how they are determined. So yes it may be a more simple route but you end up being more dependent. I’ve had good success with both for the time I used it.

  9. bobbywhite says:

    Hi admin,

    I’m glad I connected through twitter today to this website. I use BOPS since end November 2011 and in back-office I see 26 winners against 8 losers from december 1st until 23rd. But as you say unfortunately I sometimes don’t get the right entry moment. By the time the signal is generated the currency pair moves away from this level. What I then do is if it goes way in the money I do the opposite trade that usually lasts for another 20 minutes before expiry. If it is way out of the money I enter the trade at a much better entry and may end up winning against BOPS losing. This month I actually only entered 19 of their signals, sometimes because my broker does not propose USDCHF anymore after 1 PM ET. I can always enter the eurusd but sometimes I forgot to change the expiry to BOPS expiry and took 30 minutes too early. Now BOPS no longer sends signals for end of day but usually it lasts for 40 minutes between arriving on my google talk account and the expiry. If you want my signals I can always forward it seconds after I get them to you, so that you can rereview their service. I will try to learn more on this fascinating material and what does striker 9 lite cost?

  10. Tinka says:

    As I live in Melbourne Australia I find according to your reviews that potential trades are sent at 8-9am ET.Being around 15 hours ahead of that time means the alerts arrive in the small hours of the morning.
    Aside from not wanting to be awake then ,trading when tired would not be wise .
    Do you have a suggestion as to how I can receive signals at a more appropriate time?
    I do find your articles very interesting thank you

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