You may be interested to see our new threads covering the topic of grid trading -> Hedge grid methods explained
An introduction to grid trading, covers the theory and basic concepts of grid trading, presents couple of basic and popular strategies that grid-traders use.
Grid trading in its pure and basic concept does not work very well. Combined with other methods can be very powerful.
Check this post to get to system ideas where harmonic patterns trading is combined with different grid approaches: http://forexharmonictrading.blogspot.com/2012/11/harmonic-grid-trading-system.html
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