[SHARE] Cable Cutter (GBPUSD M15 - No Indicators)

[conglo]

Rules:

 

No indicators, use any platform.

 

GBPUSD M15

 

Trade Tuesday, Wednesday and Thursday only.

Mondays and Fridays are too volatile.

 

Open trades between 0700 and 1400 GMT. This is when there is movement.

 

Buy stop at the most recent fractal high, sell stop at most recent fractal low.

Add/subtract pips from the fractal high/low if it makes you happy, the long-term outcome is not affected significantly.

 

30 pip TP or exit at most recent opposite fractal.

 

No stoploss, you have an exit instead.

 

That's it.

Edited August 20, 2011 by conglo