Bollinger bands trading strategy forex: When should you use Bollinger Bands? Bollinger bands Trick

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bollinger bands trading strategy forex. Bollinger Bands are a technical chart indicator popular among traders across several financial markets. On a chart, Bollinger Bands are two "bands" that sandwich the market price. Many traders use them primarily to determine overbought and oversold levels. One common strategy is to sell when the price touches the upper Bollinger Band® and buy when it hits the lower Bollinger Band®. This technique generally works well in markets that bounce around in a consistent range, also called range-bound markets. In this type of market, the price bounces off the Bollinger Bands® like a ball bouncing between two walls.
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Forex Strategy
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