How to use bollinger bands in forex trading

Bollinger bands is a very famous indicator in forex trading. This is a volatility indicator. Using this indicator you can easily tell whether the market is trending or range bound. Bollinger bands can be used to trade forex in the following way.
1) Range market
2) Trending market
3) Trend line breakouts
4) Chart patterns
5) 123 pattern

Comments

Comments are disabled for this post.