I’ve been looking at this and trading off of it for a couple weeks. I’ve been waiting for an E bar to complete on the US dollar and then looking for US based forex pairs that seem to be following that trend. So far I have traded ITM binaries with 2 or more hours to expiration, holding them similar to a p3 core trade. A couple have gone past my strike by a couple of ticks and then moved back in my direction, others have broken in my direction quickly allowing me to take profit early. I think it has potential but may just be a flash in the pan, any thoughts?
Not a bad idea I love dx. Though this looks a bit different. What instrument are you using. Add on the average range to it to see 1 hour or adjust it to 2 hour as you may be able to do current hour versus wait 2 hour. Also check out the profit popper binary strategy in elite forum. It may be perfect for you.
It looks like I picked Dollar Index CFD. Do you think DX will work better? Thanks
Looking at a bar size of 12 for DX. 6 has looked good for the CFD.
the cfd and future are usually pretty smooth on DX
