Forex trading strategy #28 (Trending pairs breakout grid system)

Trending pairs breakout grid system from Claus

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I choose the most violent pair, GBP/USD. I put stop loss orders above and
below the current price at an interval of 20 pips again. Current price is
about 1.7800 so here is the grid:

buy stop loss 1.7820 1.7840 1.7860 1.7880 1.7900 1.7920 1.7940
sell stop loss 1.7780 1.7760 1.7740 1.7720 1.7700 1.7680 1.7660

Eventually the market will go far from the current price, towards either
north or south. If I have more than 2.45 times buys than sells or more than
2.45 times sells than buys, the grid is is profit. Since the orders are
canceling their opposites, margin is a very small issue here. Lost capital
is also small. Obviously, if you set the grid just before London opening
you have a very small probability to have to wait for a few days until you
are in profit.