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Dislikedhi 9jatrader, I don't normally trade with BB but i'm enjoying your thread. Can you clarify re-entries for me. In the weekly chart ChfJpy below we can clearly see that price went through the center line many weeks ago Atom8 MetaTrader 4 Terminal.png;2138064 Now on the daily the price has retraced. If the daily goes back up and closes above the upper BB would you re-enter? even though it has been going up for weeks. thanks Atom8 MetaTrader 4 Terminal d.png;2138068 {image} {image}Ignored
DislikedOn my daily chart chfjpy closed just below the lower bb. Is it possible to go short? {image}Ignored
DislikedHi Kraven, still on the CHFJPY the bulls are still in control on the weekly, but the daily is forming Bollinger Bands Squeeze. Traders are closing their positions on the pair to collect their profits and they're staying on the sideline. There is higher probability that the bulls will return.Ignored
Disliked{quote} thanks for replying. I realize that at this moment CJ is not an entry. I am talking about IF the daily continues on it's long run up and closes above the upper band. IF this happens 9/10 the Stoc's will be overbought as we are hitting new heights. would you re-enter even though the weekly crossed over mid BB weeks ago? Atom8 MetaTrader 4 Terminal d.jpg;2138311 {image}Ignored