USD/CAD had another one of its signal-free runs, which worked in its favor, while CAD/CHF snagged a couple of short signals.
Here’s how the latest positions 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 chalked up another week with no signals, just as it did in the earlier update.

Meanwhile, CAD/CHF cruised higher then caught a valid short signal on a test of the top Bollinger Band.

The next short position is still open, as CAD/CHF hasn’t quite reached any of the initial exit levels.
With that, this pair chalked up a meager 4.5-pip or 0.09% gain for the week.
This puts the Short-Term Bollinger Reversion Strategy slightly back in the green after back-to-back weekly losses.
Seen how the numbers turned out for Q1 2021 yet?