This technique caught a handful of recent alerts and a few full wins this week.
See how the numbers added up!
On this revised model of the Short-Term Bollinger Reversion Strategy, I’m ready for RSI to cross above or beneath oversold or overbought ranges to point a bit extra momentum within the path of the commerce.
Ensure you assessment the tweaks here.
USD/CAD was consolidating early within the week, earlier than a powerful pattern picked up in the course of the latter half.
The pair was capable of decide up on a bullish sign early on, locking in positive aspects when worth bounced to the center band.
The remaining half of the place was closed early on the trailing cease adjusted to entry.
It’s simply too unhealthy that USD/CAD missed out on a giant rally that adopted!
Nonetheless, I ain’t complanin’ because it locked in 12.5 pips or 0.25% on that play:
In the meantime, CAD/CHF snagged a legitimate quick play early on, however this ended up with a teeny loss.
The subsequent quick place fared a lot better because it went all the best way right down to the complete PT on the reverse band. Woot woot!
This was then adopted by a bullish sign that needed to be closed within the crimson when one other sign popped up.
Thankfully this subsequent one was capable of bag pips when it reached the center band.
CAD/CHF wound up with a 10.5-pip or 0.21% achieve:
This brings the Short-Term Bollinger Reversion Strategy up by 23 pips or 0.46% for the week.
Simply lower than a month to go earlier than we shut out the quarter, and I’m excited to see how the earnings added up for this technique.
Seen how the numbers turned out for Q2 2021 but?