Tuesday, January 3, 2012

EURUSD - Bollinger Bands (lowrisk)

Good morning to you all and wish you a happy new year.

Before going into the trade of today on Bollinger Bands method, a quick look at the updated result of Crystal Money EA - a two-month test run, contact victorfxwave@gmail.com


This morning I spotted a SELL signal based on the Bollinger Band strategy explained last year, click here to read more.

The Daily Trend is still sell and we have the 4hour chart at the resistant zone of the bollinger and the action and reaction lines too. A low risk short is good at 1.2982 or wait till 1.3050 for a 50 pips SL and TP.



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