There is an Australian guy that uses a similar system on You Tube . The Daily alert candle he says the system gives 80% strike rate .
The only difference is that he takes the trade 9 pips above the bullish close of the alert candle and moves is stop to break even after
45 pips. He sometimes goes for 100 pips or sometimes takes the trade to next daily alert candle in the opposite direction.
Profit of 100 pips per month on each pair is realistic and with say 12 pair using 2% of your bank on each trade could give you 24% / month
You can view this video at
Ps just waiting for funds from defunct Alpari to be returned to me so I can trade the system live
The only difference is that he takes the trade 9 pips above the bullish close of the alert candle and moves is stop to break even after
45 pips. He sometimes goes for 100 pips or sometimes takes the trade to next daily alert candle in the opposite direction.
Profit of 100 pips per month on each pair is realistic and with say 12 pair using 2% of your bank on each trade could give you 24% / month
You can view this video at
Inserted Video
Ps just waiting for funds from defunct Alpari to be returned to me so I can trade the system live