New Trade : Buy USD/SGD
Type : Volatility BreakOut
Maximum risk : 2,5% of balance
Time frame signal : Daily
USD/SGD volatility is at a minimun checking Bollinger Bands. Price is breaking the upper band. The upward vias is in tune with the main trend in weekly chart. Both, momentum and DM´s indicators show positive trend.
Every day the S/L order will be revised in the same direction of the trade to minimize the possible loss.
Type : Volatility BreakOut
Maximum risk : 2,5% of balance
Time frame signal : Daily
USD/SGD volatility is at a minimun checking Bollinger Bands. Price is breaking the upper band. The upward vias is in tune with the main trend in weekly chart. Both, momentum and DM´s indicators show positive trend.
Every day the S/L order will be revised in the same direction of the trade to minimize the possible loss.