It was one of the better weeks for this particular mechanical trading system, and I’ve got these updated positions before I round up the quarterly numbers.
In this revised version of the Short-Term Bollinger Reversion Strategy, I’m waiting for RSI to cross above or below oversold or overbought levels to indicate a bit more momentum in the direction of the trade. Make sure you review the tweaks here!
And here’s how the signals turned out:
A couple of decent gains for this one! This adds up to a 1.31% win for USD/CAD in the past few days, erasing its losses from the earlier week.
Here are the ones on CAD/CHF:
More than its usual share of positions opened, and most ended up in the green while one chalked up a teensy loss.
That’s a 3.29% gain in the last week of March and onto the first few days of April. Not too shabby, huh?