Forex Strategies - How to Use Bollinger Bands Strategy for Best Results in Forex Trading

Please watch: "Forex Technical Analysis - Forex Charts Weekly Analysis - 20 to 24 March 2017" https://www.youtube.com/watch?v=9zUC6OYFRY4 -~-~~-~~~-~~-~- http://www.forexkeys.com Forex Strategies - Forex Strategies - How to Use Bollinger Bands Strategy for Best Results in Forex Trading What Are Bollinger Bands? Bollinger Bands are developed by John Bollinger. Bollinger Bands are used to measure Market’s Volatality. Bollinger Bands are calculated as a Particular Period SMA and a Standard Deviation Levels. It contains 3 Bands. In Daily Time Frame; Upper Band : 20 Day SMA + (20Day SD X 2) Milldle Band: 20 Day SMA Lower Band : 20 Day SMA - (20Day SD X 2) Bollinger Bands are plotted on top of the Chart When the Price is moving Side Ways, those bands come closer. When the Price is moving Upwards or Downwards, Bands move away(expand). How to Use Bollinger Bands? The Basic idea behind Bollinger Bands is that Price is tend to return to the middle of the Bands. Bollinger Bounce: These Bands act as Support and Resistance. Once Price reaches the Upper Band, Price is likely to go down. In opposite to that Price reaches the Lower Band, Price is likely to move up. Bollinger Squeeze: When the Bands squeeze together, it usually means that a breakout is getting ready to happen. Whe the Candle break out the Upper Band, then the move will continue to go up. When the Candle break down the Lower Band, then the move will continue to go down. Important: Remember, don’t trade based on only Bollinger Bands. Take the confirmation and then only trade. Because, after breaking the Bands, instead of returning to the middle, the Price is likely to continue to Up or Down. What Are Bollinger Bands? Bollinger Bands are developed by John Bollinger. Bollinger Bands are used to measure Market’s Volatality. Bollinger Bands are calculated as a Particular Period SMA and a Standard Deviation Levels. It contains 3 Bands. In Daily Time Frame; Upper Band : 20 Day SMA + (20Day SD X 2) Milldle Band: 20 Day SMA Lower Band : 20 Day SMA - (20Day SD X 2) Bollinger Bands are plotted on top of the Chart When the Price is moving Side Ways, those bands come closer. When the Price is moving Upwards or Downwards, Bands move away(expand). How to Use Bollinger Bands? The Basic idea behind Bollinger Bands is that Price is tend to return to the middle of the Bands. Bollinger Bounce: These Bands act as Support and Resistance. Once Price reaches the Upper Band, Price is likely to go down. In opposite to that Price reaches the Lower Band, Price is likely to move up. Bollinger Squeeze: When the Bands squeeze together, it usually means that a breakout is getting ready to happen. Whe the Candle break out the Upper Band, then the move will continue to go up. When the Candle break down the Lower Band, then the move will continue to go down. Important: Remember, don’t trade based on only Bollinger Bands. Take the confirmation and then only trade. Because, after breaking the Bands, instead of returning to the middle, the Price is likely to continue to Up or Down. Forex Strategies - How to Use Bollinger Bands Strategy for Best Results in Forex Trading Share: https://youtu.be/W3QQvW0eaoM https://www.youtube.com/watch?v=uvoJnR5SnmU https://www.youtube.com/watch?v=T1ZwRfra5fg https://www.youtube.com/watch?v=P7zmvtE8SOg

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