{quote} Sorry Steve missed this post. Correct doubling up, well for me anyway, however some guys probably could`nt stomach that. Correct again only one trade per bought / sold.
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Am not sure I got this right : if you sold, and lost and the bar had left the overbought and came back and you sell again, you do not double on a sell ? till the next buy? don't think that's what you meant here?
{quote} Am not sure I got this right : if you sold, and lost and the bar had left the overbought and came back and you sell again, you do not double on a sell ? till the next buy? don't think that's what you meant here?
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Ok,we are in over sold area, market moves out we buy for 2 min expiry, it looses. Now if the market moves back in that area I would wait until it moves out again and buy again with a double up trade.
{quote} there is a lot of vooatility today. maybe the most volatile pair has to be chosen every day. any special reason you choose e/u ? backtest? or random?
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Looked at the JPY and GBP pairs they are too lively for this method, EUR/USD and USD/CHF are pretty good.
{quote} Looked at the JPY and GBP pairs they are too lively for this method, EUR/USD and USD/CHF are pretty good.
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If you really want to go for it,you could (if it were over bought) sell EUR/USD and buy USD/CHF at the same time as they move in opposite directions. However you could be doubling your risk, just a thought.
