Forex Gridding Strategy

Thursday, January 10, 2008

Okay, I'm pretty much sold on this idea. Here are some advantages to gridding the AUDJPY on the upside:Each purchase represents a carry position while waiting for it to become profitable.Extremely limited downside risk when set up properly.Excellent earning potential in choppy market conditions.Using my nano-account here is what I set up last night. Place a limit order for NNN units every 2