FX:GBPAUD   British Pound/Australian Dollar
92 0 3
I started testing a trend following strategy based on Bollinger Band on H4 and Daily timeframe .
Spotted this break of Bollinger compression on the H4 on this pair.

I'm testing 8 different stop placement on this strategy (4 based on the signal candle, 4 based on the previous low/high).
As shown on the graph, if my prediction to retest the lows is correct, that will be a trade giving great risk to reward ratio and great profit as well.

I will be testing various take profit placement as well to bank some profits along the way but continue to follow the trend as long as possible.
Comment: Trade going well.
Stop has been trailed a couple times, now in the 1,9606 area with about 570 pips profit secured already.
Trade closed: stop reached: Price retraced up to trailed stop : total profit of 633 pips on this trade
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