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.
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:
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.last week’s losses.