 I keep my thumbs crossed, but...
Rick,
Forex Ambush "philosophy" makes sense to me only assuming that you have $1 million account and you take much smaller postions than they recommend. Then you set T/P. Toss a coin at any given moment and depending on the result take short/long position. If the market goes in your favor you easily score 20 pips. Otherwise, you wait... Assuming that the market was not at it's extreme the price will meet your T/P (taking into account that EUR/USD is rangebound in the recent times, this is quite a safe assumption).
The idea of risking 0.1 lot per each of $500 of your balance is asking for trouble... Compared to this -- FAPT standard risk settings are quite safe even if a series of losses occurred.
One can just wonder how they manage to keep such an impressive record... |