Originally Posted by
;
Here is a really easy system with no indiors that will generate max. 1 trade per week and pair. If something has been submitted, please forgive me.Use a daily chart with GBP/USD, place into central european time (that is what I use, I do not understand how other time zones effect the outcome) Once thursday's pub has completed, determine your position size based on that pub's range (the range will be your risk). Enter a cease buy order pip high and also a stop sell order one pip under thursday's low. A few minutes before friday's shut, cancel all orders and close any open position. The screenshot shows blue rectangles which specify thursday's range. I did fit them exactly on the range, but you need to find the picture. If produces an bar, then there's no trade. On an outside day, you shed thursday's entire range. A profit occurs if friday isn't an day and closes thursday's range.