Xaron,
Been sucessful playing your channel with the 4 majors + gbp/jpy in the 1hr TF starting at the London open. The size of the channel is my sl, tp is 4x's the sl and I've been closing when I have a 100 pip equity profit. This way I don't seem to go very deep into the progression and after closing all I start new progressions the next night at the beginning. It would be nice if you could add an equity close all feature at a certain price. I like Mer's PowerSM but love ur channel's. Playing several curriencies for a equity profit makes more sence to me than a possible bust of an account with a 24 loss sequence which does happen. Adding an emergency equity stop would probably help also. Thanks Mer for starting this thread it's sparked my interest.
Been sucessful playing your channel with the 4 majors + gbp/jpy in the 1hr TF starting at the London open. The size of the channel is my sl, tp is 4x's the sl and I've been closing when I have a 100 pip equity profit. This way I don't seem to go very deep into the progression and after closing all I start new progressions the next night at the beginning. It would be nice if you could add an equity close all feature at a certain price. I like Mer's PowerSM but love ur channel's. Playing several curriencies for a equity profit makes more sence to me than a possible bust of an account with a 24 loss sequence which does happen. Adding an emergency equity stop would probably help also. Thanks Mer for starting this thread it's sparked my interest.