trading logic. the strategy is a simple range trading contrarian strategy wich take position on short term 5mn EURUSD chart to take advantage of false breakouts between 00h am and 10h am european session .in this time the volatily is low . that is good for range strategy . this are the setups. Only one indicator is used it is the default bollinger bands .the strategy check if we are between 00 h am and 10 h am .if that condition is true then a trade can be open Sell position :if a 5mn candle close above the bollinger upper band a sell order is opened Buy position :if a 5mn candle close below the bollinger lower band a buy order is open i use a take profit of 50 pips and Stoploss of 25 pips in order to have a good risk reward ratio of 2;1 and limit my loss i use a constant lot of 5 millions in order to avoid great drawdowns in ranging markets . the strategy use bollinger band because it is a volatility indicator and used to take breakout but i use it in the contrarian side to take the false breakouts . i use 5mn charts because there is many false breakouts in this timeframe and it is what the strategy is about