Partner Center Find a Broker

The pairs I’m watching on this system caught a fair share of valid signals for the week, and so far these are turning out well. 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 was in tight consolidation early on before edging to the bottom band and eventually opening a long position.

USD/CAD 1-hour Forex Chart
USD/CAD 1-hour Forex Chart

This one already hit the first target at the middle band and has the stop loss rolled up to entry.

Meanwhile, here’s what went on with CAD/CHF:

CAD/CHF 1-hour Forex Chart
CAD/CHF 1-hour Forex Chart

This pair had a short position left open from the previous week, and the remaining half had to be closed at break even.

Another short position was opened soon after, and this one already hit the first target at the middle band.

With that, the Short-Term Bollinger Reversion Strategy closed the week with a 16-pip or 0.32% gain, erasing part of last week’s losses.

Have you seen how the numbers turned out for Q3 2019 yet? Oh, and don’t forget to check out Forex Ninja’s Systems Showcase in case you missed it!