Dislikedhave i got the logic wrong here
perhaps I should test EURGBP
Euro is open thats what we are using for initial bias then if we trade the EURGBP as the banks open and market starts at 8am in UK
perhaps using EURUSD is wrong I chose it purely for the low spread I can get on my SB accounts
Perhaps if we set the bias between London Open and New York open as per normal with a single line and then trade EURUSD as the US banks and traders open
So perhaps not 1 trade a day BUT 1 trade per day on 2 diff swaps at London open (EURGBP) and...Ignored
I hate to have to say this because I admire the effort you put into these threads and systems, but you know there's something wrong with your trading strategy when you start blaming it on the currency pair.
And I would have thought tading the cross of EURGBP wouldn't yield much different results to GBPUSD or EURUSD over the long term.
It might be more profitable this week, but I suspect, as with EURUSD, it will blow up over a period of time.
As you said in your initial post, this system might blow up, I fear it has.
