CHFJPY - Neutral until price breaks the bands

Feb 7, 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!