No new signals on CAD/CHF but it snagged a couple of good ones on USD/CAD. Check out the latest gains on this strategy!
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 had a pretty good run in the previous update, and it snagged a couple of new signals this time.
Here’s these turned out:
CAD/CHF had a really solid time in the previous week, but it seems to be taking a break from new positions now. Judging from the tightening bands, it seems that we’re bound to see a big move soon.
With the trades on USD/CAD, the system ended up with a 56-pip gain or a 1.12% gain on the account. Still not bad, eh?