Grid trading works well when you have directions (in exchange rate instruments) with durations longer than 1-month and profit-limits set higher than 1%-net-gain. Trading a minimum of 4 directions as in diversified between 4 exchange rates, even if all having same currency base.
EUR/GBP grid trading in both directions is a good idea, creating a range based grid would be optimal except low-yield-vs.-risk.
Now days a much superior grid opportunity is presented in CFD's trading major stock indexes to buy the correction. It's a no-brainer to set profit-limits 5%-10% net gain while limiting maximum leverage to 4-times-equity, buying in portions of 0.5-times-equity averaging down. No stop-loss necessary.
EUR/GBP grid trading in both directions is a good idea, creating a range based grid would be optimal except low-yield-vs.-risk.
Now days a much superior grid opportunity is presented in CFD's trading major stock indexes to buy the correction. It's a no-brainer to set profit-limits 5%-10% net gain while limiting maximum leverage to 4-times-equity, buying in portions of 0.5-times-equity averaging down. No stop-loss necessary.
Count Of Antwerp