I been trading this for 4 months. This is so accurate. in my effort to discover SPEND NO TIME TRADING METHODS, this is my no 2 method, the SUNDAY ACCURACY
is the first.
Bollinger Bands period 20 deviation 3.
I wait 30 minutes after high impact news events.
30m time frame.
wait for price to go out side BB
when price is completely outside BB place trade in the 30m time frame remaining exp. in opposite direction.
NOTE; the idea is that price will go back inside BB in the 30m time frame of that candle.
EX. in the pictures the news was at 8;30 E time. I wait until 9;00 to look for those entree conditions,
all trades where taken for 9;30 exp time.
all trades ITM. today "INSANE"
REMEMBER BB 20 deviation 3