Is Grid Trading (combined trend following and counter trend) Profitable?

Newbie questions:

Grid trading (combined trend following and counter trend) profitable in long run? Is it safe or eventually will blow out the account? Whats your advice?

Has anyone makes money with them consistently? For how long..?

What was your average DD?

Expert opinion/comment is greatly appreciated!

Thanks

There is a same thread at oanda forum and also have some detailed answer as well. So, I hope it will help you.

http://fxtrade.oanda.com/community/f...;f=16;t=006031

Thanks for your post!

Check this out, it would be interesting for you: www .youtube.com/watch?feature=player_embedded&v=jAgZ-NTM1a8