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Very interesting system,I will test it for sure!
Remember something, it does suffer as other system during the not moving market. But it can gain back during the movement day. This 2 days, the system have grant me more than enough.
Perhaps you can add some filter for not trading during the tight range market periods.....I think there are some good indicators for that job.
A row of loses in ranging period. Ouch, its pain.
One small loss, and a row of winning trades following.
Yeah, we did win, bcoz the GJ is moving down so rapidly.
Be reminded, whenever the trend is not moving. We will be the one who suffer.
Yeah, again you see all win again.
But wanna let you know, this is bcoz GJ nowaday very volatile, tat the reason pips easy come.
If ranging area, this system will cry.
Besides, Note on something, the initial SL is very big on trades on nowadays, around 300pips of SL.
But our first TP is only around 60-70pips. The risk reward ratio is a bit non stable for me. So trying to figure out a better SL, or a smaller SL.
If anyone have any idea. Juz let me know. Thanks.
One Win One Loss
The risk for every GJ trades now are very high, Scary market. Too volatile
I wont like this market situation. Hate it.
bts 50
After a period of bad day. Finally...
bts 50
Max pips is 730pips.
So you can try scale out method whereby you close some profit at 500pips, some at 600pips, some at 700pips.
But for this case, I dont have enough lot size to scale out. So I follow the rules tightly.
bts 52
1st TP hitted. 2nd target hit adjusted SL