I'm glad that this thread is here. I encourage you to keep this up for those of us who love this pair. I also adore.
At the moment, the margin is too much for my risk parameters, but I. Will. Have. These. Finally. I wouldn't be surprised when I ended up trading them exclusively.
I demo them all the time, but I need to turn into a better disciplined trader.
Most traders view the nut and spread out without calculating the pip value. They don't recognize the pip value is a fraction of the norm. It can move very fast and these include up.
I like usdmxn for recreation plays. I don't normally trade diversions, but I find they are an excellent filter to get a reversal coupled with a qualifying entry ... say a 4h close below the 15 or 20 moving average.
Fibs operate well, too on this one. Overall it's quite basic, but concealed behind the fear the volatility generates.
Fear is a terrible thing, isn't it? hehe