This mechanical system was able to bust some moves in the past few days, but did it wind up in positive territory? Take a look!
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!
USD/CAD didn’t catch any new signals, though:
CAD/CHF had a short position left open in the previous update, and this one was completely closed out last week. It generated another long signal too, but this one is still open:
Here’s how it all turned out:
Not bad either! This adds up to a 13.5-pip or 0.27% gain for the pair, adding to last week’s set of winning positions.