MyChildTradesBetterThanYou

MyChildTradesBetterThanYou Updated 

Hi traders, A long wick has been left outside of the Bollinger Band, wonderful spike with the Bollinger Bands having the perfect angle. I entered the trade as soon as the candle closed with my profit target set at the 50% Fibonacci level. If the next candle goes against me, I will be closing the trade, otherwise I will put it to break-even. We have a slight...

MyChildTradesBetterThanYou Updated 

Hi traders, Double Bollinger Band Spike on the USDJPY, preparing for a short sell here. Keep in mind to put the trade to break even since we trade with momentum. RSI Divergence is present as well. (This is not a trade recommendation!)

MyChildTradesBetterThanYou Updated 

Hi traders, We had an impulse before, first orange arrow and anticipate the next impulse up. The whole move stopped at the 50% (could also reach the 61,80% and then we will go for another buy), completing a regular flat for another move up. Sadly no RSI Divergence. As always we put our trade at break-even as soon as possible or exit with a very small loss. ...

MyChildTradesBetterThanYou Updated 

Hi traders, I spotted a nice Bollinger Band Spike on the EURJPY 15M chart at an amazing resistance level. The angle of the bands is also great AND we have an RSI divergence - enough confirmation to go for the sell. Trade is on break-even already, let's see where the price is heading. (This is not a trade recommendation!)

MyChildTradesBetterThanYou

Hi traders, Another close spike (not the best) on the CADCHF 15M chart on an important support level. I am targeting the break of the top for my profits. Right now the trade is on break-even and lets see how it continues. (This is not a trade recommendation!)

MyChildTradesBetterThanYou

Hi traders, I have my trade on break-even after we moved lower once the 1H candle closed (my entry is at the first spike, green candle) and now I am anticipating a break of the support area marked in orange. Once this breaks, I will lock in some profits and very likely add to a 2nd position, depending how everything forms. Be aware that trading Bollinger Band...

MyChildTradesBetterThanYou Updated 

Hi traders, I am in a buy after a double Bollinger Band spike on a fairly strong support level and little down trend. Market structure is also indicating that we could expect a move up, breaking the top (impulse + completion of a corrective flat). If this 4H candle also closes outside of the Bollinger Bands, then we have a clear confirmation. Make sure to cut...

MyChildTradesBetterThanYou

Hi traders, I am hoping to see a clean Bollinger Band spike for a reversal to the downside. If it does not happen, then I will anticipate a trade once the support below breaks. Let's see how the chart develops. We will very likely see an RSI Divergence as well. (This is not a trade recommendation!)

MyChildTradesBetterThanYou

Hi traders, I just spotted a nice Bollinger Band spike. I am planning to take this trade as soon as the market opens due to the following reasons: 1) We are in a correction and anticipate another impulsive wave up 2) Bollinger Band spike 3) We completed a flat (This is not a trade recommendation!)

MyChildTradesBetterThanYou

Hi traders, Bollinger Band Spikes give me the best trades but even if we have multiple spikes here, they are not valid for me. I look at the price action, the angle of the spike, previous support/resistance areas and so on. Taking every Bollinger Band spike blindly will get you in a lot of trouble. We also see a slight RSI Divergence. In this chart, I am waiting...

MyChildTradesBetterThanYou

Hi traders, Similar to the EURCHF, I see a wonderful Bollinger Band spike together with multiple bullish rejections, thus, I am expecting a downside until the 50% Fibonacci level. My first position has been added already, now waiting patiently for the break of the support area to add to another trade. We might see a retest first before we go down. (This is not...

MyChildTradesBetterThanYou

Hi traders, I love this chart! Bulls are losing control, multiple rejections to the top and there are so many Bollinger Band spikes which is one of my favorite criteria to enter. My first position has been added already and is at break-even now while I am looking to add a new position after the break of the support area. The support area is not the cleanest,...