abedewi,
Thanks for all your comments. This is the kind of feeback im looking for. As for other pairs, im not against trading them at all. The issue is that I cant guarantee the results becuase I never tested them. I only trade the EU which is why this is the only pairs I tested. When I was mentored this is the way I was taught. Stick to 1 pair and learn it. If people want to trade other pairs and post here thats ok but I cant support them becuase the system was designed, tailored and optimised for the EU. The last thing I want to see is people posting here loosing pips becuase the system isnt desined for other pairs.
FJ
Thanks for all your comments. This is the kind of feeback im looking for. As for other pairs, im not against trading them at all. The issue is that I cant guarantee the results becuase I never tested them. I only trade the EU which is why this is the only pairs I tested. When I was mentored this is the way I was taught. Stick to 1 pair and learn it. If people want to trade other pairs and post here thats ok but I cant support them becuase the system was designed, tailored and optimised for the EU. The last thing I want to see is people posting here loosing pips becuase the system isnt desined for other pairs.
FJ
DislikedI've been watching this system since its post and I can tell it's an excellent system and I agree with the author that it provides 80% success rate. In fact, I can also tell that a I'm confident about a signal when generated based on technical analysis.
I've the following obervations that I see valid and true about this system:
1- It should NOT be traded during asian session
2- The proposed stoploss is relatively high (average 50 pips) compared to other systems in that particular time frame 15 Min.
3- The target profit strategy could be improved...Ignored
Stacking pips since 2002