CHFJPY - Neutral until price breaks the bands

7 lut 2019

Trying out some new indicators... it's supposed to show you when price is consolidating tightly in the chosen timeframe. Here this price is just waiting to bust out... I think? I'm partial to the downside but may hedge for both long and short. I'm a beginner so I use a .01 position size. I'm trying to stop going for big moves like 50 pips... 100 pips etc because I end up not taking the 10 pips that is sitting right in front of me...and I'm getting fairly decent at getting 10 pips. I haven't blown up my account and it's been four months but omg it takes so long!! Any moral support appreciated... Good luck in your trades!