Hello everyone,
Just finished reading the thread, and the whole concept looks very appealing. The thread was initiated about a year ago, so it would be great to know if anyone has traded the system live, and with what results.
I´m just starting to test it myself (on demo, of course), to see how bad it can hurt my account. I am going to avoid news times and the Asian session, considering this is a system that works best in trending markets. I am also not going to open every trade, but only about 3 or 4, i.e. those with the most extreme currencies (those showing the largest negative and positive values). If I understood it well, the differences between the two last completed 4H candles gives also the intensity of each currency´s weakness or strength. SL and TP = 100.
Well, hope anyone out there is trading with this system. It looks fine on paper, but like we say down south... "you can only see the horse on the track" (my free translation).
Last but not least, thanks to all the contributors, especially to ES.
ME
Just finished reading the thread, and the whole concept looks very appealing. The thread was initiated about a year ago, so it would be great to know if anyone has traded the system live, and with what results.
I´m just starting to test it myself (on demo, of course), to see how bad it can hurt my account. I am going to avoid news times and the Asian session, considering this is a system that works best in trending markets. I am also not going to open every trade, but only about 3 or 4, i.e. those with the most extreme currencies (those showing the largest negative and positive values). If I understood it well, the differences between the two last completed 4H candles gives also the intensity of each currency´s weakness or strength. SL and TP = 100.
Well, hope anyone out there is trading with this system. It looks fine on paper, but like we say down south... "you can only see the horse on the track" (my free translation).
Last but not least, thanks to all the contributors, especially to ES.
ME