I find that it can be possible to make good profit as long as you will be watching the charts.200 pips stoplose it too high and 1 loose can erase your 20 wins.and you should not opened as a random positions as just based on this set up.or the traders as can test this strategy with different stoploose and take profit settings.the advice of the professionals is your TP have to be at least 2 times bigger than your SL.so that even your loose trades will be more than your wins .you will still gain profites !!