DislikedI have manually backtested this sytem from from 1/6/06 to date and it is most impressive. Criteria used was open trade in direction of previous day candle @ 00:00 GMT. Stop and reverse @ 50 pips + spread. Limit to two trades per day.
No of trades 374
No of wins 173
% wins 46.26
No of loosers in a row 12
No of winners in a row 7
Max DD 524
Nett profit +6270
Thanx to TK for this sytem. If you stick to the rule and keep it as simple as it is you wil be profitable.
Regards
EbenIgnored
"Those who see Invisible can do Impossible."
-Rev. Dadaji