The range is too wide so the risk is too big to make the orders from the signal. This happened yesterday actually. I had false short signals for GBP/JPY and EUR/JPY resulting - 375 pips. So it is better to use other system in this condition. Happy trading guys!
Today's trades are using MA cross strategy (5 EMA & 13 SMA) on 15 minutes timeframe.
Today's result is as follow:
GBP/JPY
long :
+ 18
- 65
- 22
+ 24
short :
+ 44
+ 15
+ 25
+ 46
______________
Total: + 85 pips
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