Just leave it the way MT4 set it. You don't have change anything. MT4 already set it on default. Don't do you own setting. Just install bollinger bands and nothing else

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The descending resistance seems to be really valid on this pair.

Simple and profitable trading style

As I said yesterday the strategy of going bullish can be used to close your bearish position and vice versa, so that you don't close prematurely. The interesting thing now is that am both bullish and bearish with the strategy - CADJPY, long; ...

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BOJ must be really pleased with the weakness of Yen. It's good for Japanese exports. The great thing about Forex is that wherever the Economy goes, traders always have advantage - those who are able to catch the move early enough.

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Since the beginning of the bullish movement base on the strategy, CADJPY and CHFJPY have each made over 550 pips as at now. Great movement.

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What I mean is that you can trade all as long as they meet the entry point, but don't place all in one platform. You may not get a good result. As I have said earlier am backtesting the strategy with seven platforms, so that during retracement, the ...

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CADJPY and CHFJPY are even performing more than NZDJPY. When backtesting a strategy it's good to avoid trading all. Though GBPCHF is performing, it has refused to close above upper band on daily chart. Am learning new thing from this pair base on ...

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Sorry I didn't see your comment early. As I said at the beginning of the thread, I tried using daily and 4hrs in EURNZD it failed. Anyway it was only once I tried it because of my friend in the same area with me. He trades 4hrs. BB settings the same ...

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I will repeat, when your SL is triggered, don't worry. For long position you wait for lower band rejection to get in again. Check my running NZDJPY long. My SL was initially triggered. I waited when candles consistently reject lower band and I got ...

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When the weekly is strongly closing or has strongly closed below middle band and at the same time the daily closed below lower band, that's when you get in. Maybe go through the beginning of the thread again

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EURUSD on a very critical support, Sooner than later it's going to be broken.

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The strategy of going short is the strategy to close your long position. In that case you would convincingly close your long position and go short immediately after collecting all the available pips. The strategy I will stress again is using both ...

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AUDCAD short retraced and will obey now. They're based on one strategy

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This thread is like a journal for me, though I write my journal in my notebook. NZDJPY long continues to fly. If you're in this position there is no need to close prematurely. We still have more bullish days ahead.

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GBPCAD long position pair is poorly obeying this my strategy. But no problem with SL

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Monthly finally closed above middle band. Why is middle band so significant? Middle band always acts as support and resistance.

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Today being the last day of the month the monthly already closing above middle band. More bullish days ahead.

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I will keep updating. It helps me a lot. It keeps me focused. Am monitoring the bullish movement on GBPCHF on the weekly. The daily has not given any strong signal to join. It continues to trade below lower band on the daily,while the weekly is ...

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NZDJPY, CHFJPY, CADJPY, USDJPY and the other pairs am backtesting with it are still doing well. Next week might see a strong retracement. That will not be a problem. Swing and position traders have really learned how to keep emotion in check during ...

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One of my position also - GBPCAD long. While the 6th November was already closing above Middle Band, weekly, the 10th November daily closed above upper band. Let me see how it goes.

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