by ddrrbb » Tue Apr 30, 2013 10:57 am
Is it possible to make a strategy out of movers and shakers? It would be buy any cross pair above .50% (or any percentage) from the start of the week (but could be month, day, hour, 15 min). Also, sell any pair below .50%. With stops .25% below, or trailing stops at a certain percentage (for example, if pair is +2% for the week, stop set at 1.75%). It could check the trade at set intervals to see if it is still valid (to avoid noise) or constantly check (to avoid a big move the other way).
I find that several pairs finish every single week up or down 1-5%. If we traded only those pairs with tight stops, we are guaranteed to be trading the best and worst pairs for the week.