In our backtesting this strategy is 68 to 72% winning with the average winning trade being 2.4X bigger than the average loser. This is a trend following system that trades in the direction of the longer term trend and momentum on short term pullbacks. Some days the market trends and this system catches 50 to 80+ pip gains. On choppy days it tends to lose no more than 10 pips and make no more than 20 pips.

We teach our traders to filter these trades with the heat map and longer term daily and weekly trends. We also suggest not taking trades right before major news announcements. Using a little bit of common sense and our heat map which shows how strong/weak the currencies are you will get a feel for which trades aren't likely to workout or make many pips. Most of our traders also use this strategy in conjunction with our other methods such as if there is a buy signal but the average hourly low is 10 pips lower they will wait for that level and then get in with increased confidence and make more pips when the market reverses.

Please view our Hypothetical Results Disclosure and LeverageFX Disclosures