DislikedDial, Can you tell me what you mean? There is much of what FxN said that is correct but i do not agree about how these kinds of systems do not work. Have been trading something very similiar to this for a substantial while, and it works very well. Very, very well.
Just confused from your statement.
As to my comments about this method having similarities to the horribly failed system I used to trade, they still hold true. But, to go a bit further, this system is also similar to the Vegas 1 hour tunnel method, which is a good system.
In the end, all FxN and I are saying is to exercise caution, and reasonable judgement when evaluating this system. Will it be like the horrible system, or the Vegas method? Only time and critical evaluation will reveal that. Personally, after looking at it a bit more, I think it has potential if traded with discretion and common sense.
Thanks for asking.