DislikedHi rasco00,
comments on my system are always appreciated, my comment to you would be remove all your indicators and watch the price !!
As for my entry being incorrect, if you had read earlier post you would realize that the initial trade is a free trade, opened at a position I believe to have high probability of going in my favour !! I always have my added position close to where I believe will cause price to turn*.
*note not all trades are set up for additional lots to be added I placed trades yesterday on support lines with -15 pip stops, these...Ignored
Removing all indicators wouldn't help me because I would have no satisfactory way of believing the price had topped or bottomed - how do you know that without any form of indicator?
I feel that trading both GBP/USD and EUR/USD at the same time is taking too much risk - if the USD reverses, you're out on both trades, not just one.
It does surprise me that your system makes money when you aren't using any indicator to determine entry or exit prices.
Nil Desperandum Illegitimi Carborundum