Get profits from my strategy I found this on the hourly chart of aud/jpy.
Just do the arithmetic by yourself to determine the number pips which can be earn from this method,see the chart bellow the yellow rectangular area, the 1st one and the second one
http://i44.tinypic.com/n6w5e1.gif
the method speaks for itself,you only need to new when it is overbought, that is whenever prior is exceeded by new high then know that reversal will be massive ,especially if the reversal is forming a cup shape or V shape turn upside down notice how it went down in each case