nw7

nw7 Updated 

Sold at the upper trend line and BB1SD (Bollinger Band 1 Standard Deviation) As the current market on Daily has no trend, I am looking for trade between 1SD.

nw7 Updated 

After long band walk, price finally closed below +1 standard deviation. USD may started losing the strength against CAD. I placed a Sell limit order at the 50% retracement of the Friday candle. Let's see what will happen.

nw7

I am looking to long if; - Price breaks above upper trend line and closes above bollinger band centre line - Price retraces back to the yellow square within 5 days

nw7 Updated 

Plan1: If a bearish candle forms within 2 days, looking for long @ L2 level. Plan2: Looking for long above L1 if price breaks and close above it.

nw7

If price reaches at L1 level, looking for short

nw7

I am looking for long if price comes back to one of two levels. -Option 1: the green zone of three confluence with neckline and fibo 50% + 61.8% -Option 2: the previous support and fib 23.6% For me, the ideal place to buy is the green zone and price bounce within a trend line. And, when price falls toward to the level, it has to create a small wave either...

nw7

Two reasons I am looking for short are; 1. Double top at the resistance 2. Price failed to break above the 4 hour upper channel (a purple dotted line) I will consider to short only if; 1. The price breaks below the neckline and the 4 hour lower channel (a purple dotted line) 2. The price pulls back to the the neckline and the 4 hour lower channel (a purple...

nw7

Today (21/9/2015) broke and closed below support level. BB-2SD (Bollinger Band -2 Standard Deviation) and 21SMA are pointing down, which is indicating that the market may go down, possibly shift to the down trend. I am waiting for the rally to my sell zone (pink box on the chart) to sell.

nw7

Cable is in the rage for 4 months since May 2015. I am planning both short and long this week. - Based on Weekly chart, I will consider to short in my "sell zone" (brown box on the chart) - On 4hour chart, the candle is currently below BB1SD (Bollinger Band 1 Standard Deviation), which is indicating that the market may fall for a short term. - Based on...

nw7

The lower trend line was broken today and currently Daily BB1SD (Bollinger Band 1 Standard Deviation) is acting as support. I am waiting for retracement to 3200 level to consider to short,

nw7

The price fell into "A" zone. It closed below on 4 hour but 1.53400 level seems to have acted as support. If the price closes above 21SMA (a blue moving average; bollinger middle band), I will look for a small retracement back into A zone to buy.

nw7

Support was broken this morning. I have already shorted and closed the position (TP line on the chart) to take a quick profit just before falling. Now i am waiting for retracement to sell if the pattern is still valid for short.

nw7

Currently, 21SMA (blue moving average), also Bollinger Middle Band is acting as a strong support. If the price close below 21SMA today, I may be interested in going short at retracement for a short term.

nw7

A very interesting pattern. I am looking for; If the price breaks support and forms a good bearish candle, I am going to wait for retracement into my "Entry zone" to consider short. If the price bounces off support and close above 21SMA (blue moving average), I will wait for retracement into my "Entry zone" to consider long. Other market movement? I will...

nw7

Getting tighter and tighter. I will follow whichever it explores and forms a pattern. :-)

nw7

Today's daily (14 SEP 15) closed below 21SMA (bollinger middle band), which means the current market is not trending. I am looking for short for a short term if the timing is right.

nw7

I sold this pair when the price closed below BB+1SD (Bollinger Band 1 Standard Deviation.) My first target is BB-1SD (Bollinger Band -1 Standard Deviation) and my second is BB2SD. Very simple trading strategies with bollinger bands.

nw7

Currently, the price was bouncing off 21SAM on daily. (Daily Bollinger Middle Band). I shorted at market value. If today closes above 21SMA today, which will stop me out, then I will look for long @ retracement. Let's see what will happen.