The strategy on its own is very aggressive in a trending market and can yield good results. Even if you don’t trade it exactly like this, learning the strategy and applying other confirmation or trigger indicators it can definitely extend your forex trading strategy portfolio.
I hope you enjoy it, and when possible we’ll follow up with some of the results in future. If you want to learn more about stop losses and take profits that can be used with this strategy, then make sure you take our free online forex training course. Register at www.jpmarkets.co.za under the education tab.