DislikedOk, well that works for me. I'm opening little positions across 15 pairs. However I don't really know what will happen in "the big way". I let the market decide that and my basket will follow it. Positions are (in essence) reversed if price reverses. However additional positions are constantly being added to already winning positions. When a trend starts to present itself, I find I am already in it with an accumulating position. This is the crux of it. I think the wins once price moves consistently in one direction outweigh the losses when...Ignored
I did it few days ago from 1.4425 with sl above 1.4650 target 1.4250. But got out just above 1.4300 when it bounced from 1.4285. It is much difficult in practice. It gave me huge profits, but will never do it again. Not because its no good, but because my other method is stress free and designed for currency market.
The Thief of Wall Street