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5.03% over the last 4 weeks with Steve's Whipsaw method

 
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abst67

5.03% over the last 4 weeks with Steve's Whipsaw method

I've been having good luck with the Whipsaw method over the last month. I place trades on EUR/USD, EUR/JPY, and GBP/USD every night. I usually risk 0.5 - 0.75% per trade. The most I have lost in a night is about 1.5%. This week I am currently up 1.95% Is anybody else trading this method and having good luck with it?

Wed, 02/20/2019 - 12:32am
 
alexvk

Honestly, this is just another way of scalping in mean-reversing markets... This setup has a potential for huge losses.

 
Rookie

abs that's impressive, maybe you should write it up with your methodology and share here. I for one like to read it and view a few pics for the setup and entries.

 
boss_hogg

It does have the potential for big losses, but that whipsaw before the London open is pretty reliable and if it hits both triggers, the middle is locked in profit.