I have been working this system with some changes for 3 months and i guess it is safe for me.It requires some patience and a larger stop loss but in the long term the reward is very good.Good luck to the fellow traders! 
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Will try on this system. Any more charts or trades history you can share wit us?
Yes i am following this thread as well. Looking forward to learning more.
Much thanks for your efforts,
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So according to this strategy, the GBPJPY is a not a valid setup but the EURUSD is? I think it looks right but i just want to make sure i am using the correct candles. For this strategy we should have a six candle week if i understand properly.
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Thanks for responding. Just wondering your opinion on the short entry being so close to 100 level. Does price get rejected here often or does it ignore the level being so early in the week.
Either way i placed my stop entry orders and will let them ride through the day.
Long @ 1.3380 - Half with a PT @ 1.34 and the other half will have a TS of 25 pips. I am using a 20 pip SL to start.
Short @ 1.3308 - Half with a PT @ 1.32780 and the other half will have a TS of 25 pips. Using a 20 pip SL to start as well.
Is your trade set up the same or are your numbers different than mine?
Happy trading:)
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Long order was triggered this morning. Moved to breakeven once the first PT was hit and closed the second half once @ 1.3400 once price turned back. Kasravi are you letting your order ride with a TS or did you close as well. Thanks for the system. I hope it can go 2 for 2 next week.
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