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So imagine that EURUSD cannot break through a 15-21 pip range in either direction... It's absolutely not possible due to the nature of the pair.
quite dangerous to develope a system based und such a unproofed point. even if it never happend in the past (not checked) what happens to your account if it happens?
quite dangerous to develope a system based und such a unproofed point. even if it never happend in the past (not checked) what happens to your account if it happens?
hi there,
nothing because after the 6-7. step, you only hedge the previous position, meaning, your margin will remain (nature of hedging) and your profit will also come. please calculate if any doubts.
ok lets calculate this, with a spread of 1.6 (my logger logged also 10.5 even on not news time on alpari.uk)
So i hope i got your calculation right... but there is a BIG BIG BIG but in this calculations... Spread is not includet. so of the result you have to subtract (1.6*LOTSIZE) and now your System seems doomed to fail