Quote:
Originally Posted by bobbins
After my first week trading this system, I saw significant gains early on in the week, followed by significant losses at the end of the week (mainly in the Yen pairs). Not completely giving up on this one, but so far my win/lose ratio has been about 50% so it would need to get a lot better than that to make it profitable.
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It works great when the market is trending then gets chopped up when ranging. You can try cutting the ADR stop in half giving you a risk/reward ratio of 1:2 thus needing an ~ 33% win rate to break even.