BB-Weekly-1H-combi-system (BB-Weekly-1H-combi-system)
Hi.
(sorry for my english)
This is a system where signals are very rare but very good.
Works on Mondays only!
Weekly signals:
- Two clear weekly candles in the trend direction
- Week 2's close is at or near the bottom of the second candle
1H trigger:
-Indicator: Bollinger Bands 20:2
Based on this signal, we have two main trades!
1.1.
- If the price breaks the BB line in the downward direction, a long signal is issued (we go against the trend!!!)
-Target is BB’s MA 20
Therefore, if the price breaks the BB line to the upside in the same move, then follow the second part of the signal:
1.2.
- If the price breaks above the BB line upward, it is a short signal
-Target is BB’s MA 20
2.1.
- If the price breaks above the BB line upward, it is a short signal (we are against the trend!!!)
-Target is BB’s MA 20
2.2.
- If the price breaks the BB line in the downward direction, a long signal is issued
-Target is BB’s MA 20
Positions should be opened 30 to 60 minutes after the BB line breaks.
Sometimes it happens at opening time, sometimes it happens at opening time in London or New York.
---------------------------------------------------------------------
Now we see this signal on the GBPUSD and GBPJPY currency pairs.
I’ve been in this industry for a long time.
So we can see how it works today
http://img401.imageshack.us/img401/3...cccccccvr4.gif
(sorry for my english)
This is a system where signals are very rare but very good.
Works on Mondays only!
Weekly signals:
- Two clear weekly candles in the trend direction
- Week 2's close is at or near the bottom of the second candle
1H trigger:
-Indicator: Bollinger Bands 20:2
Based on this signal, we have two main trades!
1.1.
- If the price breaks the BB line in the downward direction, a long signal is issued (we go against the trend!!!)
-Target is BB’s MA 20
Therefore, if the price breaks the BB line to the upside in the same move, then follow the second part of the signal:
1.2.
- If the price breaks above the BB line upward, it is a short signal
-Target is BB’s MA 20
2.1.
- If the price breaks above the BB line upward, it is a short signal (we are against the trend!!!)
-Target is BB’s MA 20
2.2.
- If the price breaks the BB line in the downward direction, a long signal is issued
-Target is BB’s MA 20
Positions should be opened 30 to 60 minutes after the BB line breaks.
Sometimes it happens at opening time, sometimes it happens at opening time in London or New York.
---------------------------------------------------------------------
Now we see this signal on the GBPUSD and GBPJPY currency pairs.
I’ve been in this industry for a long time.
So we can see how it works today
http://img401.imageshack.us/img401/3...cccccccvr4.gif
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