This is one of my experiments. Ignore the big 1.0 and 2.0 lots that mostly margined from an early version. Start from Feb. 6, 2012 at amount $5169.43. Today I have $7119.27 in balance and $7033.79 in equity. Only $100 or so in negitive profit on open trades. The dollar amount on open trade ranges a lot every second, but never seems to be over $200.
What the heck! Beginners luck I'm sure. It's not even one week yet. I haven't put any stop losses yet. I do put take profits of $100 per 0.1 lots and $50 per 0.05 lots. I could improve that greatly, I'm sure. Opening trades as well could be improved. I just open trades at the appointed time: 9 am EST..
The system is: open charts for the 12 best currencies. Use a Fibonacci just to show where the current price is in relation to the previous 365 days. I put a label on each chart that is simply Buy or Sell. If the price is near the low, label is BUY. If the price is near the high, label is Sell. One or two currencies I skip because they are wandering in the middle. Then everyday I check that the labels are still correct and then quickly buy or set what ever lot size I am currently working with. I was working with 1.0 and 2.0, but that lost almost $5000 quickly. I was at 0.10, but I eased down to 0.05. A smaller account would use less. I put TPs for the biggest gainers, as much as I have time for. They all should get TPs.
I'm sure this will fall apart.