Tag Archives: Bollinger Band

bollinger bands

Trading Strategy based on Bollinger Bands

I know many of you are already using Bollinger Band in your analysis and trading, but I am also sure that most of you really don’t understand, strength hidden in Bollinger Bands. Honestly, I was also using Bollinger Band from last couple of years, but only in recent past I realized true magic of Bollinger Bands. Trust me, BB has a potential to give you excellent returns (don’t expect 100%…please) if used in right way, and right sense.

Till date you must be using Bollinger Band as your target or stop loss. If market is falling than your lower band is your target and, if rising than middle and upper band is your stop loss…right???  But, give me one genuine answer you are satisfied by the performance of your analysis?

You know Technical Analysis is like a car show room, where every cars are same only difference is their price and engine.  Now for a novice, whether salesman shows any high class engine car or any third class engine car, for them everything is same, because car looks same.  Exactly is the situation with new kiddos, Technical analysis for newbie is full of tools without understanding its basic nature and construction. For them one tool a day is the concept, today it works, tomorrow if it doesn’t than just throw It.

Bollinger Band strategy is the part of my course on Technical Analysis, if you are serious to learn than please do get in touch with me and understand the market with better perspective.