An interesting note about the CoCo trader today...
It does have the most amount of pairs in trade and this may be part of the reason that it has pulled ahead of the pack with the highest net gains on the day.
BUT...
Even with that being said, there were 2 pairs for CoCo that never got traded, even though they had decent range and strength...
GBPJPY and GBPUSD.
See...here's the logic behind CoCo working...
As EURGBP -> (the trade filter) was trending bullish, the only GBP trades that were taken today were if the immediate trend on them was Bearish...and only bullish trades were taken for the EUR pairs today as they'd be restricted from trading short on a day where EURO has strength.
Kinda kewl...no?
It does have the most amount of pairs in trade and this may be part of the reason that it has pulled ahead of the pack with the highest net gains on the day.
BUT...
Even with that being said, there were 2 pairs for CoCo that never got traded, even though they had decent range and strength...
GBPJPY and GBPUSD.
See...here's the logic behind CoCo working...
As EURGBP -> (the trade filter) was trending bullish, the only GBP trades that were taken today were if the immediate trend on them was Bearish...and only bullish trades were taken for the EUR pairs today as they'd be restricted from trading short on a day where EURO has strength.
Kinda kewl...no?
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