Hello all,
I created this short video to further explain our BVQ Matrix and how to use it. This is a powerful tool for catching swing tops and bottoms. You'll average anywhere from 5 to 30 trades per week depending on price action. I suggest the following rules when swing trade via the BVQ Matrix:
Here is the video:
I created this short video to further explain our BVQ Matrix and how to use it. This is a powerful tool for catching swing tops and bottoms. You'll average anywhere from 5 to 30 trades per week depending on price action. I suggest the following rules when swing trade via the BVQ Matrix:
- Wait for a value of +/- 9.9 on either the Base, Quote or Average values. Never enter early. You will miss a few trades, but it's better to wait for full confirmation.
- When you get a value of +/- 9.9, take a trade in the opposite direction (i.e., if the GBP is +9.9, you would sell the GBPUSD, GBPCHF, GBPAUD and buy the EURGBP).
- Use the following values to calculate your Stop, Limit and position (lot) size for the trade: Stop = 1 x 4Hour ATR, Limit = 1 x Daily ATR. You should get a 1:3 RR ratio for the trade.
Here is the video: