Menu
Brokers
MT4 Forex Brokers
MT5 Forex brokers
PayPal Brokers
Skrill Brokers
Oil Trading Brokers
Gold Trading Brokers
Web Browser Platform
Brokers with CFD Trading
ECN Brokers
Bitcoin FX Brokers
PAMM Forex Brokers
With Cent Accounts
With High Leverage
Cryptocurrency Brokers
Forums
All threads
New threads
New posts
Trending
Search forums
What's new
New threads
New posts
Latest activity
Log in
Register
Search
Search titles only
By:
Search titles only
By:
Menu
Install the app
Install
Reply to thread
Forums
Advertisements
Advertisements
Ayrex Binary Options Broker - Discussion
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Message
[QUOTE="Ayrex.Official, post: 126258, member: 37273"] [B][U]The secrets of trading with Bollinger Band[/U][/B] [I]How to reach better trading results with a help of one indicator only?[/I] [B]Dear Traders,[/B] At the start of their career, many traders usually wonder how the market can be actually predicted? Is it even possible and if so, how can it be achieved? The answer is actually pretty simple - with a help of technical analysis tools. The main feature of this approach lies in the detailed analysis of the price movements in the market. It helps to study supply and demand on the market and understand in what direction price most likely to go in the future. In the [B]1980s[/B] the famous market technician [B]John Bollinger[/B] was working on making a strategy using the moving average and standard deviation calculation to understand how the price of an asset can change from its actual value. This way you can see when the market becomes volatile by the widened bands and, on the other side, check the less volatile times when the band contract. Basically, Bollinger Band is [B]a combination of 3 lines only: centre line and 2 channels above and below it[/B]. The central line is a well known exponential moving average and the price channels (or bands) are the standard deviations of your asset. Moving average helps a trader to see the trend better, while bands are the best for monitoring the trading activity around your asset. Sounds great, isn’t it? But what are the rules of using it in the real life? In the moments, when you see that the price of your asset reaches the upper Bollinger Band repeatedly, the prices can be considered as overbought. On the contrary, when it reaches the lower band, it’s a clear oversold and it’s time to enter the market. Usually, if a price of your asset reaches the band and crosses it, it signals the start or continuation of the trend. So, while the price touches or crosses the upper band, it’s an uptrend and if it is the lower band instead, it’s a downtrend. [B]Bollinger Band can be a great help for every trader, but we recommend you not to rely on it only in your work, but combine it with the other indicators and adjust to your strategy to reach the best trading results. [IMG]http://i.imgur.com/TzQXQEb.png?1[/IMG] [URL='https://app.appsflyer.com/com.ayrex.options?pid=forums&c=bollingerband&af_channel=earnforex.com']Enjoy the best trading with indicators on Ayrex 24/5![/URL] [/B] [I]Sincerely yours, Ayrex Team.[/I][B][/B] [/QUOTE]
Insert quotes…
Verification
Post reply
Top
Bottom
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…