USDJPY for next week
Jul 07, 2019 at 15:57
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0 Replies
Jul 07, 2019 at 15:57
I am trying this new strategy that is an ad up to my initial one
timeframe 5 m
indicators
rsi 8
bollinger in the rsi 200
bollinger in the chart 200
at this time meaning next monday 7 8 2019 SELL only
when
if the price is above the upper bollinger in the chart
AND rsi is also above the upper bollinger in the rsi
draw a line at that price (see pic)
then wait for price to retrace to that line
then hit the sell
you stop loss will be the price at the line
take profit when price goes under the lowe bollinger or until you feel like getting out
try it on a demo
timeframe 5 m
indicators
rsi 8
bollinger in the rsi 200
bollinger in the chart 200
at this time meaning next monday 7 8 2019 SELL only
when
if the price is above the upper bollinger in the chart
AND rsi is also above the upper bollinger in the rsi
draw a line at that price (see pic)
then wait for price to retrace to that line
then hit the sell
you stop loss will be the price at the line
take profit when price goes under the lowe bollinger or until you feel like getting out
try it on a demo
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