{quote} If I understand you correctly, you would need a 70% hit rate in order to make 10% profit. You would need to have a better hit rate than almost all of,if not all Wall Street traders. 68% hit rate in order to make 4%. Assuming you beat the pros and your hit rate is 65%, you'd still be down 5%. Please correct me if I'm wrong.
you can filter it using moving average 200, but until now i havent have the right mix for the filter,
but i found that the best pair for this strategy is eurgbp, go see it..and see it, the hitrate is more on eurgbp pair..
