Bollinger Bands! 📈 (+ Trading Strategy)

There are many different indicators available to traders within their platforms.

We will be attempting to cover many of the more notable ones which can build the foundation of understanding with regards to charting and technical analysis.

Here, we dive into one of the more popular ones seen on traders charts with Bollinger Bands.

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Bollinger Bands are on of the more well known chart indicators in the trading community due to their simple way of communicating both a trading range and volatility.

Developed in the 1980s by John Bollinger, this indicator is easy to use visually and we take a look at some strategies and setups associated with the bands.

All strategies should be back-tested and proven before taken in live trades.

⏳ Outline:

0:00 - Intro
0:53 - How Bollinger Bands are calculated
2:10 - Visual explanation of the Bands
3:43 - Example of volatility fluctuations and using the bands for interpret them.
5:30 - How to take expansion and contraction and implement them in your trading
6:40 - The 'W' setup and how to use it
9:22 - Visual representation of the 'M' pattern and how to use it to trade
9:54 - Differences in the 'M' pattern vs the 'W'
11:41 - Summary

Trading Software: https://daytradetheworld.com/trading-...

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Watch our Live Trading show, Monday to Friday from 9 am to Noon!    / tradertvlive  

🔖 Useful Readings:
• How to Use Bollinger Bands in Day Trading → https://www.daytradetheworld.com/trad...
• Six Indicators to Become an excellent Market Technician → https://www.daytradetheworld.com/trad...

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