Hi There
One of the key mistakes i feel people will do with this system is get in to late and lose pips.
What i meen is when the IB forms then the next candle forms you dont enter after 1-2 pips you think oh well i will just wait a little longer see if the bar goes up, If the next bar to the IB goes up 1-2 pips and the stocastics are starting to turn or have turned enter the trade they are not all going to be winners but if you enter right and it only goes up 3-4 pips you should be out at break even.
Back test the last 2 days see how many IB formed and how many were winers and you will be surprised.
Hope this helps
James
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