Been toying with the idea of removing the rule preventing me from trading either side of high impact announcements for some time and decided to go ahead with it today. Whilst it has kept me out of some losing trades over the last 12 months my gut feeling is that its kept me out of more winning trades and with a risk/reward ratio of 1 : 1 I think its definitely worth trialling. It does mean less time off though so it’ll have to be worthwhile!
Anyway a reasonable start – more trades as expected, 6 altogether. we were a bit unlucky with the 8.45 trade as there were 3 potential set ups & i went with the gbp/usd which was the only 1 out of the 3 which which was a loser. Good day though with 40 pips gained.
You can get more details here Black Dog Trading System
Running total 2915 pips