Donajor8

THE HOLY GRAIL- BOLLINGER BAND explained

Education
FX:EURAUD   Euro / Australian Dollar
The bollinger band w strategy is one of the strategies by the great John bollinger as his strategies aims to take advantage of volatility shifts. Betting that these shift will lead to a measure move , and can provide scalping n mid term opportunities with psychological stacked possibilities that will be layer out here
Is it effective? Yes! It’s a strategy with high possibility. You can storms charts n just look for what is presented n you’ll have a good system.
He also use a volume based indicator as well for confirmation at the lows that is excluded here for simplicity.

1. A close outside the lower band
2. A move up from one that reaches the lower band but close inside the band unlike 1
3. A move up to the mid ma
4. A move back to the lower band that does not close outside the band
5. A divergence on the b% from 1 to 3
6. A failure swing ( this isn’t within his method but it often accompany the move)

7. Target the upper band. With a possible of it expanding.


Yet seller may inhibit that 7 as we mention maybe a month ago and we forecasted this whole thing way before this strategy material just from our psychology as proof how effective it is
U can back test that


But rest assured! There are 2 things yes just 2 things, every trader needs to understand about the market engine No Matter if it’s stocks crypto forex etc etc.
These two things we feel YOU MUST UNDERSTAND it’s so powerful yet it so simple that even a new trader can master it and gain an edge that takes years to develop within a 2 session.

This isn’t a money driven things cus I’ll be giving my time up to teach these two things that’ll put u in a better position within the market ( no matter your skill level) n that is priceless just as my time to do so is. But this is done to help
Just 2 sessions………

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