a daily forex bar has a very high chance of having a high and low beyong it's open...

Open two accounts. Place buy stop x points above the open in account #1 and sell stop y points below the open in account #2.
X is a continuation trade and y is a reversal trade.
y>x.
Take profit at x + z% range between x and y.
Worst case scenario = x and y both hit.
Lock in the loss and liquidate x or y leg next open.
Rinse and repeat.

Close??
 
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