Hello, I have found that techniques like this are not consistently profitable - you may bet profitability more easily because you are working with such a long timeframe and therefore more likely to get lucky (even if you have >50% chance of ...
Somewhat related question to this: if I am trading correlated pairs such as the EURGBP and the EURUSD and I want to exploit reversion to the mean (or statistical arbitrage). What ratio should I calculate for these pairs - example: EURGBP is at price ...