Each pairs I’m watching on this method received a few indicators every this week, and a few hit their full targets.
What number of pips did it catch?
On this revised model of the Short-Term Bollinger Reversion Strategy, I’m ready for RSI to cross above or under oversold or overbought ranges to point a bit extra momentum within the course of the commerce.
Be sure to evaluate the tweaks here.
USD/CAD was trending greater throughout the first a part of the week when it snagged a brief play on a take a look at of the highest Bollinger Band.
The pair dipped near the primary goal on the center band, however sadly missed.
As a substitute, it carried on with its climb and snagged the cease loss within the course of. Ouch!
With that, USD/CAD wound up with a full 1% loss for the week.
In the meantime, CAD/CHF was rangebound for essentially the most a part of the week, and it caught a few legitimate lengthy indicators.
The primary lengthy place made it to the primary PT on the center band, earlier than the remaining half needed to be closed on the adjusted SL to entry.
The following lengthy place bounced all the way in which as much as the total goal on the high band, scoring 29.5 pips in complete.
This was sufficient to carry CAD/CHF up by 39 pips or 0.78% for the week:
Not precisely the perfect of runs for this method these days, huh?
Seen how the numbers turned out for Q3 2021 but?