I was reading an article about Wallwood consultants, currency money managers that are up 19.72 percent on the year, placing it at the top of the Barclay Group's forex CTA rankings. 

Barclay Group's forex CTA rankings are located here. 

I'm going to summarize their trading approach:

+ short term breakout-type system, oscillator counting, support/resistance, and MACD
+ Support and resistance play pivotal role in their trading
+ Stop points based on support and resistance
+ Place stops between 30 and 60 points behind market
+ Use trailing stops
+ Trade solely the EUR/USD, USD/JPY.  There are times when they might be long on both, making a synthetic EUR/JPY cross
+ Stick to these pairs because of liquidity and because these pairs reflect liquidity in 3 different forex time zones
+ Typical winning trades last average of 48 hours; losing trade could be as short as 1 hour
+ Use hourly and 10-minute charts
+ In market more than out of it
+ Non-believer in back-testing
+ Pay attention to fundamental news but it isn't the main driver determining positions