DislikedI've been following this post for a while. I've been trading a similar system with good results. What I have found beneficial is to trade one pair (GBPUSD) as the rules suggest, and trade another pair (GBPJPY) taking profits as follows: 1/3 at 50 pips (move stop to break even) 1/3 at 100 pips and let the remaining 1/3 either stop out or close it on Friday. I have found that it keeps my equity curve smoother. Just my 2 cents.
TK: Great system, and thanks for your continued input and great attitude.Ignored
And a not so positive article about daily ranges: http://www.dailyfx.com/story/special...032912303.html
Wish it was 2004 all over again :/