My very first posting!
After reading (and viewing) everything about Boomerangs that I could find in the forum for the past two weeks, I decided to try the strategies out this evening on USD/JPY. A total of 4 trades between 9PM EST and 11:50 PM EST... resulting in 4 wins!
Trade 1: Lasted ~13 minutes. I bought an ITM instead of an OTM, so I took profit at 1/2 target to be safe.
Trade 2: Lasted ~13 minutes. I bought an OTM this time hit the $20 TP target easily.
Trade 3: Lasted ~42 minutes. This OTM price was not ideal, so I watched the P/L which stayed negative for quite a while before turning positive. I TP'ed before target as a precaution.
Trade 4: Lasted ~44 minutes: Same as Trade 3, in fact, I thought this would have been a loss, but it turned pretty quick! Again, I took profit early as a precaution.
I do need to refine my entries, but I find these trades better to manage than the 5-minute binaries. I was able to set up the stop trigger for entry on all 4 trades... I just need to improve my discipline on the exits!