AUDJPY With Bollinger Bands

Thursday, December 27, 2007

Lately I've been trading the AUDJPY using only an EMA (exponential moving average) and SMA (simple moving average). The theory is that when the price is below these averages it will at some point return above it. This is generally true, even during a downturn, but especially so during an upturn.I have been seeing some success with this, but it does have me hanging onto losers for some period of