Simple and profitable trading style

Quoting Sanbernardin

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Just some clarification. I am new to this thread and I went through all the posts. 9jatrader says that the signals to enter are the crossing of middle bollinger line on weekly chart and of upper/low bollinger line on daily charts, both at their closing. Does this mean that one has to look for the daily chart the week after the closing on the week chart and for all the time during which the price action stays, on the weekly chart, on the same side of the middle bollinger band? When the price action, in weekly chart, crosses in the opposite direction...

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Quoting 9jatrader

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Hi Sanbernardin, if you're still not clear let me know. I decided to use the current movement on AUDNZD just as you watch the chart for better understanding

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Quoting 9jatrader

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We already have live practical example to follow now - AUDNZD. Same week now- the weekly already trading above middle band and the daily moving towards the upper band. If it can close above the upper band I will take two more positions. Already I have two positions running now on the pair.

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Quoting Sanbernardin

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{quote} Thanks a lot for your replay. The only thing is not yet clear is the following: we know in the weekly chart if the price action closes above the middle bollinger band only when that week is finished; therefore we can look for the proper set up in daily chart only the week after and keep looking the following days until the PA keeps closing on the same side of the middle bollinger band on the weekly chart. Is it correct?

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Quoting 9jatrader

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Here are the charts {image} {image}

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Quoting Sanbernardin

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{quote} But you will wait until the end of the week, entering the week after, or you will enter just before the week ends? That is, if you get both signals before the week ends, will you enter before the weekly bar closes?

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