Disliked{quote} Thanks, 5abi. Basically, my modifications would be as follows: 1. We trade pairs that are over 70% long or short on at least two big brokers. 2. We calculate entries using ATR not % of price. For example: 0,5*daily ATR, 1*daily ATR and 2*daily ATR. What period of ATR to use is matter of choice, I like ATR(20) for daily. 3. We set pending orders up or down from last important low or high on hourly chart according to the calculation. Today we would have four trades triggered with these rules: long GBPUSD at 1.7017, short USDCAD @ 1.0679, short...Ignored
I will have to test this sometime tonight or tomorrow when i get to my hotel room. But thanks for pitching in. Good luck with your trades.
Its all in the mind.