Mastering the bollinger bands trading strategy as a forex trading strategy. Today I will teach you the bollinger bands trading strategy and show you how to use it in practice.
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Everyone knows that price moves up and down, but not everyone is aware that it also naturally reverts to its average. As traders, we call this 'Reversion to the Mean' and it can be a fantastic indicator to follow. The Bollinger Band indicator, in SmartCharts, plots two lines around the price action, allowing us space to analyse where price has potentially moved far outside of the average, so we can trade it back towards the average. Follow along as I describe the Bollinger Bounce strategy, inside SmartCharts, which automatically alerts you when the price is interacting with a Bollinger Band and is ready to be traded back to the mean.
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00:00 - Introduction to the Bollinger Band Strategy
00:31 - What is the Bollinger Bands Strategy?
05:55 - Example trade using the Bollinger Bands Strategy
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Welcome to my YouTube channel! My name is Greg Secker, I am a master trader, international speaker, entrepreneur, author and philanthropist. On this channel you will find content on how to become a successful trader, how to use trading indicators, how to read and use charts to your advantage and how to become an expert in emotional mastery. What to expect on my channel? New video’s every week! My goal for this channel is to share my years of experience in the Forex and Trading Market with you guys! So subscribe to my YouTube channel so you don’t miss a video!
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