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Originally Posted by newt
hi,
can someone recommend me a system that's capable of trading ranging markets?
most system i know only capable of trading break-outs & trending market
thank you 
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1-Try JM HURST "Profit magic..."you can download by emule or buy it,it is a very easy cyclical approach that works perfectly in ranging markets.
2-Try any oscillator:RSI,STOCHASTIC,SCHAFF,MOMENTUM..use as default period half the dominant cycle(GBPUSD dominant cycle now is 36 periods),you
can know the dominant cycle by going to the digital indicators thread by newdigital,specifically the "digital filters generator" will be extremely useful to you.
A note of caution: IF A TREND GOES AGAINST YOU ,THESE OSCILLATORS ARE NOT WORTH A DIME,SO,TRY TO FILTER THE TREND BEFORE USING YOUR
RANGING MARKETS APPROACH.
Be water, my friend.
SIMBA