I think you used an "old" DTL!! Can you put an arrow or mark in some way the the point where you decide to enter a trade? It would be easy to follow them.Ignored
I've read (from vegas) that the GBP/USD pair is a fairly volatile pair.
My guess is that mouteki's system works and is designed for volatile pairs.
The fact that he sets his stoploss at +10 pips (after the 40 pip movement) implies mouteki expects a large amount of volatility in the pair. Raise the stoploss and he gets stopped too often and loses the large gain. Lower the stoploss and he takes large losses.
For a volatile pair, I would think going in with multiple lots, say 3 lots and taking them off for partial profits at specific points (say 33% and 65% of the pip projection) would mitigate the losses, if not completely turn them into profits.
We could still maintain the +10 pip stoploss or having taken off partial profits, lower the stoploss in hopes for the homerun trade. I think, however lowering the +10 pip stoploss would be tampering too much with mouteki's method, especially as we're trying to learn it.
anyhow has anyone tested with multiple lots?
can anyone test with multiple lots?