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Bollinger Band Strategy on 4Hr USDCAD

FX:USDCAD   U.S. Dollar/Canadian Dollar
198 1 2
This is a great strategy to keep in mind while trading. When the Bollinger bands are only ten pips spread from top band to bottom band on a 14 period Bollinger Band for a 10 minute chart, that that means it is ready to set up the standing orders. With a 4 hour chart as soon as the BB channel gets within about 70 pips of difference between the top and bottom then set your orders as well.
Use this strategy on the weekly chart of the USDJPY right now
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