GBP/USD Breakout System 70%+ accurate

Sep 5, 2009
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Thanks for sharing, though from experience I can tell you that 99% of all breakout systems don't work - as simple as that. I hope that this one will be an exception to this awful statistic. Your system works because the GBP\USD is a trending pair with strong trends that tend to break - if from some reason its behavior will change you will lose many trades before noticing it. Personally, I wouldn't trade a system that is not profitable on at least 3 pairs (WITHOUT optimization).