Here is a method that I've received from a person that has been trading it successfully for a few years. He's been getting a 50% return on a monthly basis. His English is very poor so I couldn't really understand how the system works but here is what I got so far:
Example: open buy @ 1.6020 with TP 1.6030 with .3 lots. If floating -12 pips, open buy again @ 1.6008 with .4 lots and change buy TP to -6, to 1.6024(Change tp of the 1st order too). If price goes to 1.6000 (floating -20 pips) open hedging position - open sell @ 1.6000 with TP 1.5990(.3lots). Then after that you just continue the same thing, -12 pips average down and -20 hedge. Also, here is the lot progression. .3, .4, .4, .5, .6, .7, .9. 1.1, 1.3, 1.5.
Supposedly his biggest drawdown is around 10-15% and consistently makes around 50% ROI each month.
Hopefully someone with more experience can understand it and make some sense out of it.
Here is his myfxbook that has been started a couple of weeks ago where his past trades can be viewed and maybe deciphered from the past trades: http://www.myfxbook.com/members/sabi...-system/154199
Tropics
Example: open buy @ 1.6020 with TP 1.6030 with .3 lots. If floating -12 pips, open buy again @ 1.6008 with .4 lots and change buy TP to -6, to 1.6024(Change tp of the 1st order too). If price goes to 1.6000 (floating -20 pips) open hedging position - open sell @ 1.6000 with TP 1.5990(.3lots). Then after that you just continue the same thing, -12 pips average down and -20 hedge. Also, here is the lot progression. .3, .4, .4, .5, .6, .7, .9. 1.1, 1.3, 1.5.
Supposedly his biggest drawdown is around 10-15% and consistently makes around 50% ROI each month.
Hopefully someone with more experience can understand it and make some sense out of it.
Here is his myfxbook that has been started a couple of weeks ago where his past trades can be viewed and maybe deciphered from the past trades: http://www.myfxbook.com/members/sabi...-system/154199
Tropics