Trading EUR/USD Daily Hi & Lo

backtesting this strategy has shown it to fail* on 12 currencies so far as all martingale strategies are destined to eventually.

*fail = blowing up the account.

 

What were the rules used to analyse pre-vola times?

 

Short DX September 85.36 £2 per pip

Reverse order 88.8 @ £4 per pip

 

Next trade will be ES Sep range 1006-1029.75 starting with £15 point.

 

Long 1030.5 £15 point

Reverse order 1005.5 £30 point

 

-25 points (-£375)

Short 1005.5 @ £30 per point

 

-28 points (-£840)

Long 1033.5 @ £60 point

Reverse order 1002.5 @ £120 point

 

Sold +39.75 (+£2,385)

 

Nice JSS...so you are making a slight deviation from the 2 to 1?


NiN

 

Reward was x2

Initial range was quite wide IMO, plus all gaps pretty much closed.