Bollinger Band squeeze has always given a clear signal

Simple and profitable trading style

If you follow us from the beginning I said this pair is one of the pairs am following with the strategy, though am in long position with NZDJPY.

Simple and profitable trading style

The bulls are too much in control on the weekly chart. Also the Bollinger upper and the lower band are too far away. The bears cannot easily take over, except there is a strong fundamentals and a strong game changer.

Simple and profitable trading style

it also offers opportunity to press our trades, by taking more positions- for those who're already in

Simple and profitable trading style

If you're not already in, this is not the opportunity to join yet. We can only join when there is a breakout.

Simple and profitable trading style

Bollinger Band Squesze is being formed now on EURJPY after a long strong movement. We already have support resistance on the lower time frames where we can get early entry. Any breakout on the 4hrs gives us opportunity to enter. Usually Bollinger ...

Simple and profitable trading style

It would be wiser if you can give us some charts, not just one chart. I have known how to get in earlier with 4hrs when Bollinger Bands Squeeze is formed and we are waiting for breakout.

Simple and profitable trading style

Sometimes it happens when I edit my post. I read my post possibly to add or check spelling. Or to remove words I have typed twice after I have posted. Your eyes are sharp

Simple and profitable trading style

You're welcome. I will be following your comments with interest also. I love your fundamental analyses. Fed is the only Central Bank that talks of Interest Rate hike. Swiss National Bank and Bank of Japan have even cut their rate into negative zone. ...

Simple and profitable trading style

Thank you very much. What you said is a reminder of what I have been doing here. Just as I have said profitable traders have many strategies. For instance if you trade S/R breakout, you may also follow retracement with Fibonacci, You may sometimes ...

Simple and profitable trading style

Time to check what the weekly candles are saying. AUDNZD closed with strong bullish candle right on the billinger middle band. This type of candle breaks the middle band. It was able to close with long lower shadow. There is already a resistance ...

Simple and profitable trading style

When you have found the strategy that gives you higher returns and you enter market without stress, why bothering yourself with so many strategies

Simple and profitable trading style

Thank you so much. As you already known successful traders have more than one strategy. If you have been following us you would know that in spite of backtesting the powerful strategy some of us have entered with another strategy I have shared. For ...

Simple and profitable trading style

I have expressed how uncertain the GBP pairs are right now because of Brexit. GBPCAD is a failure

Simple and profitable trading style

I believe AUDNZD has really closed well and the breakout is great

Simple and profitable trading style

CADJPY and CHFJPY performing more than excellent

Simple and profitable trading style

I like the breakout because many candles really reacted to the resistance and were strongly stopped, until there was a breakout. There is a possibility of a very strong retesting of both the middle band and the broken resistance.

Simple and profitable trading style

Those who enter based on breakout will be ahead if the weekly and the daily finally closed above the middle band and upper band respectively.

Simple and profitable trading style

The interesting thing about the breakout is the fact that your SL will be protected by 1. The broken resistance ( now acting as a support ). 2. Your SL will also be protected by the Bollinger Middle Band, now acting also as a support. That's for ...

Simple and profitable trading style

I decided to check what the descending resistance was up to. I discovered that there was already a resistance breakout. How will the bears respond, no one knows. I used the closed price to draw my line.

Simple and profitable trading style