FX:GBPAUD   British Pound/Australian Dollar
92 0 3
6 months ago
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.
6 months ago
Comment: Trade going well.
Stop has been trailed a couple times, now in the 1,9606 area with about 570 pips profit secured already.
5 months ago
Trade closed: stop reached: Price retraced up to trailed stop : total profit of 633 pips on this trade
This is not a signal. Plan YOUR trades and trade YOUR plan!

https://twitter.com/journeyrookie
http://journeyofarookie.wordpress.com
https://www.youtube.com/channel/UCukUwCHjm_aHHI4EyYdkUrA
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out