Been through all the Open House stuff and have been doing Ultimate Power Plays. Made me think back to this.
I’m with you on keeping with current training and the like, and I understand all the old stuff is being reevaluated and revamped, but it’s certainly understandable the appeal of the 5min binaries, simply because there’s so much more flexibility. Aside from the quickness (in-&-out) of 5min expiry, the fact that contracts are basically available 23/5 makes it easier for off-schedule traders.
And if you’re talking 2 or 3 triggers per hour, that actually seems quite good. Even if we say only a quarter of them end up being trades, that’s still more than 14 per day. Narrow that down to the 20% timeframe when 80% of those setups occur, and you’ve got a nice window with plenty of potential trades to be extremely picky with.
I’d personally love a legit strategy that saw 2-3 triggers per hour. Is that really possible?