Disliked{quote} Well I've never heard of currencyman but I'm sure he's cool too! Anyone inspired by the Owls infinite wisdom and the OP's idea but unable to react I have a simple method you could try. 1) Round numbers will be where you set your limit orders with A 10-20 pip S/L 2) Trade something very liquid like Eur/usd gBP/usd (the ones with the smaller spreads) 3) simple requirements for entry: wait until a day where your pair blows through one round figure and out does its "normal" trading range in the process, and set your entry at the next round...Ignored
Because i disagree on point 1...but it's only me
I don't trust round numbers, check how 1.32 and 1.33 got easily broken the last few days.
I agree on point 2 !
And i don't really understand point 3
COT: The precious data ignored