20 January 2012 trades

I've been doing backtests on inside bars for the years 2010 and 2011 on the daily chart with very promising results. 73 trades were initiated during this time. I paid attention to the trend at the time of the trade, and discovered that trading against the trend yielded negative results, no matter what risk:reward ratio you used. On the otherhand, trading inside bars WITH the trend yielded the following:

TRADE WITH TREND
1:1 risk:reward
Win% = 0.63
Lose% = 0.38
Expected return per trade% = 25%

1:2 risk:reward
Win% = 0.5
Lose% = 0.5
Expected return per trade% = 50%

1:3 risk:reward
Win% = 0.43
Lose% = 0.58
Expected return per trade% = 70%

1:4 risk:reward
Win% = 0.38
Lose% = 0.63
Expected return per trade% = 87.5%

1:5 risk:reward
Win% = 0.25
Lose% = 0.75
Expected return per trade% = 50%

1:6 risk:reward
Win% = 0.2
Lose% = 0.8
Expected return per trade% = 40%

1:7 risk:reward
Win% = 0.18
Lose% = 0.83
Expected return per trade% = 40%

My main concern is the sample size and I may expand my backtests to other years.

I entered two longs tonight on the Aussie and Kiwi, based on inside bars that formed yesterday. I've setup a staggered take-profit system, with the longs evenly divided to take profit at 1:2, 1:3 and 1:4 risk:reward ratios.