DislikedWell good thing I never went thru with my plan. The pair has just lost 32 pips this week. That would have cost me 32 x $500 = $16,000 !!! That said , the Daily chart is at two week low and less than a cent from support.. so who knows... lets watch and see.Ignored
I tried this method with Tickmill for a while.. and I only traded small lots without SL and half of ADR as TP. Trades would be placed on certain amounts of pip gaps.. and keep trading... worked for a while, and then diverted to other strategies..