This is basically a grid system with 50 pip lines. What can happen, is if price is towards the top of the channel, and then starts trending down towards the other side, hitting each 50 pip sell TP, but no buy TPs the first buy will be left open, along with all the other buys, and the total balance (equity) will remain the same as initial balance. When the trend, in this scenario, reverses and starts taking out the buy TPs, now you have an equal amount of sells left open, and in a 1800 pip range, that could be 36 open positions, so you would have to use very little margin per position to avoid margin call...also you'll always have to be trading this, because you can't afford to just close all the open orders, because they will all be in loss.

Did you notice the total equity line on the etoro page link? It never gets postitive. You basically have to agree, assuming everything else about the strategy works, and you don't ever get margin called, that the initial deposit is to be given up and only profits will be money you can get back, yes you might get part of your deposit back, but not all, if you have to close all open trades.

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