FREE FOREX STRATEGIES

Forex trading strategy #13 (Trending pairs breakout grid system)


Trending pairs breakout grid system from Claus

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I choose the most violent pair, GBP/USD. I put stop loss orders above and
below the current price at an interval of 20 pips again. Current price is
about 1.7800 so here is the grid:

buy stop 1.7820 1.7840 1.7860 1.7880 1.7900 1.7920 1.7940
sell stop 1.7780 1.7760 1.7740 1.7720 1.7700 1.7680 1.7660


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Hi,
I would like opinions and feedback on the system for improvement. Thanks.

Claus

can you tell about your biggest drawdown??

Can you post some of your results?

Everyone that upload a system should add some statistics so people know better about it.

Is this a system or an Idea?? Because If is an Idea should be posted in the under development section right?


 

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