Do we have an Inside Bollinger Band Turn Trade on the weekly NZDUSD? I am tracking this trade (and in it per Twitter posts last night and this morning.). The stop is easy. We are breaking back into the Weekly 50 period Bollinger Band. We had an inside candle two weeks ago and broke the top of it last week. Investopedia: Inside Bollinger Band Turn Trade.
It is not perfect as last week the candle got pummeled down. Chart:
I am going to move that stop up to this week's candle low. but just minding the small charts and moving my stop if I need to in order to catch this if it runs. No trade is a given.
I am going to move that stop up to this week's candle low. but just minding the small charts and moving my stop if I need to in order to catch this if it runs. No trade is a given.
