DislikedSometimes...I want to forget about the rules.... and trade what I see...the ribbonsIgnored
Jazz, what is this index you are trading?
And a question to all of you, how many trades do you get per day? I'm sure you noticed these ribbons filter many of the fxprime basic signals, you might even have days with no trades,I know you could say you have to wait for the good trades instead of over trading but my big problem with the basic fxprime was always the fact it misses lots of strong moves.
For example the big short friday on eur/usd, the market was already set up for short so the prime was perfect to take it but sometimes the move can happen from long area so until the cci turns red, the 1&5min ribbons get below the 15 &30 ribbons and all conditions are met for short, the market could go down 100 pips already and then it's too late to enter, I'm sure lots of you saw it before.