Forex Feedback
“Hi
I’ve just recently started using Grid Trend Trader (GTT) again and have had reasonable success on a live Forex account and thought I would give you some Forex feedback. However, my style is not directionless but directional. I take a Daily/ 4-hour view and let the EA work its magic. Had a shaky start but I think I’ve got a system in the making. A recent EURJPY trade (24-27 March) had a range of 150+ pips but the EA netted over 400 pips. I changed the grid from 10 to12 pips but with spread, I am still netting just under 9 pips a trade, so going forward, I’ll be increasing the grid to 14pips. With a chosen direction, and controlled trading period, I can use lot size of 0.2 with a £1000 account. Drawdown was less than 10%.”
This is music to our ears. Using the GTT (GTM) as it supposed to be traded.