Got a bunch of small plays on a handful of signals per pair with this mechanical trading system! Here’s how those trades turned out.
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 short position left open from the other week and it was able to score some pips as it tested the middle band, before eventually getting the rest closed at break even.
The next short play turned out to be a losing one as price simply kept climbing while the last one was also able to snag some profits on a dip to the middle band once more.
Here are the numbers:
Meanwhile, CAD/CHF had a long play that also made it to the middle band before the remaining half was closed at entry.
A long signal followed on a test of the bottom band, and this had to be closed when yet another long position was opened.
Here’s how those positions turned out: