另一种每日区间策略英镑/美元 (Another Daily Range Strategy GBP/USD)

Hello,

I thought it best not to hijack micardo's thread as it has probably produced a much better strategy than what i have come up with.

I thought of this strategy before reading up on the forums, micardo is using a similar theory and has been fairly successfull.

I've attatched a word document that roughly explains how it would work - read this first, then the rest of the post

I have finalised what i want to use as the Range (ie: when to enter the trade) the profit margin (in pips) or my Stop loss (in pips).

My thinking was:

Range: 30 pips above or below 00.00GMT
Profit: 10 Pips
Stop: 30 pips

Range: 40 pips above or below 00.00GMT
Profit: 14 Pips
Stop: 40 pips

Range: 50 pips above or below 00.00GMT
Profit: 17 Pips
Stop: 50 pips

I havn't done any backtesting as such, so if anybody wants to do it feel free, as i'm not really sure how to without doing it manually day by day.

Any feedback or constructive critisism will be appreciated.

Thanks