Trading Strategy With Bollinger Bands
Thursday, October 22nd, 2009You have to use Bollinger Bands in the analysis of trading? Of course you are very familiar with this indicator. Bollinger Bands quite popular in the financial world as one tool or indicator to analyze the market. John Bollinger, is the inventor of this indicator, he’s created in the 1980s. This indicator is used to help estimate the range / range of price movement. In this paper we will divide the trading techniques using Bollinger Bands to make a decision to open position Buy or Sell. We often use Bollinger Bands in a way to open Buy position at lower prices through Bands Sell or open position when the price penetrated the Bands. And often the steps above backfired for us. At the moment we open position Buy / Sell, when prices... Read more »