Double bollinger bands strategy to trade forex - Top 6 Bollinger Bands ® Trading Strategies
This serves as more confirmation of the reversal and increases our chance of success on the trade.
Traders could then place their protective bollinge below the lowest wick in the box and look for twice that risk in profit for a 1: This means we should be on the lookout for another buying opportunity. But rather than just buying right now, this would be the time to use your approach to pinpoint that buy entry to increase arna stock options chance of success on the trade.
Price has moved up since the lower band was tested last week. By exercising patience and discipline and waiting for that first close above the day Simple Moving Average would be a way to enter this trade using the Bollinger Band strategy that you just learned.
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Description:Apr 9, - Kathy Lien is also famous for her use of the Double Bollinger Bands. Rob asks Kathy where her inspiration for using Double Bollinger Bands came from, how often these produce trades, what . Ep - 2 Simple Mental Strategies for Traders Ep - Trading the Easy Way with a South African Trader.