Thanks. I enjoy it better with renko pubs. However its just a matter of taste.Originally Posted by ;
It's a profitable strategy. The drawback is there are lots of moves that don't meet
the conditions and so are not traded. As far as further tweaks, I'm entering more on the
retracement, rather than breakout. That's also just a matter of taste and many times
ends in small profits/losses or scratch transactions. Additionally, it puts you in a position at times.
Once I get a profit of 7-10 pips, I do not allow the market come back and put me in a loss.
I'm fine with missing some big moves as a result.