I use BB to trade in recent month and find it handy and suit my trading preference.
I trade BB with PA (prefer on H1/H4/D).
Popular ones are PB, IB, OB (Engulfing) and Fakey.
When trending, the middle band (20 SMA) is a key line to watch for PA.
1-line MACD is another handy indicator in my trading.
One of its popular features the divergence sign.
One simple BB trend trading method I derive is from
Using Bollinger Band "Bands" To Gauge Trends
http://www.investopedia.com/articles...#axzz1qWXjEkIl
Please exercise your own RR/MM thou I find 1:1 or 1:2 are common.
All are welcome to share and comment. Please no EA. Be polite.
Happy Trading.
I trade BB with PA (prefer on H1/H4/D).
Popular ones are PB, IB, OB (Engulfing) and Fakey.
When trending, the middle band (20 SMA) is a key line to watch for PA.
1-line MACD is another handy indicator in my trading.
One of its popular features the divergence sign.
One simple BB trend trading method I derive is from
Using Bollinger Band "Bands" To Gauge Trends
http://www.investopedia.com/articles...#axzz1qWXjEkIl
Please exercise your own RR/MM thou I find 1:1 or 1:2 are common.
All are welcome to share and comment. Please no EA. Be polite.
Happy Trading.