IT will work..not for the reason that u mentioned though....do not try to scalp from this level...there will be a major stop loss running at this level.....go in for the trend and not for the scalp
Problems with the system — There are a few problems with this system which will prevent it from being profitable in the long run...This method has been discussed in detail by another trader NickB. William Eckhardt --- one of the best traders ...