Like the EUR/USD this pair looks amazing on the ADX Breakout strategy once tuned properly. It even has far less draw down! The one thing i did notice is like what is shown on the chart. GBP/JPY does have a tendency to near the limit order and then make a run in the opposite direction occasionally. So in an attempt to see if i can trim losses while maintaining a...
We must remember on a timeframe this low many chart patterns will end up being fakeouts but one or both of these could very easily trigger. Wise to eb prepared for a fakeout as well though since its on such a small timeframe. *not financial advice*
