How The Pro's Trade Bollinger Bands Technical Analysis

[givelord]

Thank you for this useful video. Be Blessed

[BojanPajic]

i remember when apple was at 180. now its at 500. : )

[StockMarketStrategy]

@BojanPajic Yes what a crazy run. A very good looking chart all the way up. Clean uptrend and nice up-sloping longer term Moving Average

[NYSEGOP]

Trading is never "easy", it takes lots of research and determination. Just saying.

[Faisdragon]

easy said then done....

[StockMarketStrategy]

@Faisdragon Absolutely. Like mentioned in the beginning of the video trading takes hard work. If it was that easy there would be a lot more profitable traders around.

[CupofPhenol]

what are your thoughts on using stochastics as an indicator to determine if a stock is overbought or oversold?

[StockMarketStrategy]

@CupofPhenol I recommend you watch our video on Stochastic. I think Stochastic is great for overbought and oversold BUT the right market conditions has to be there. In strong uptrend stay away from from shorting overbought Stochastic. You will lose money by doing that. Use it in conjunction with support/resistance and/or other indicators.

[manictiger]

This was really easy to understand. Thank you. You truly rock!

[drebg]

Well done.

[13faka]

SIR WOULD YOU UPLOAD A VIDEO ABOUT HOW TO AND WHERE TO ENTER STOP LOSS ORDER PLSSSSSSSSSSSSSSSS

[StockMarketStrategy]

@13faka Sorry I missed this question. Are you interested in knowing where to place stops in general or where to place stops when trading the Bollinger Bands?

[13faka]

@StockMarketStrategy in general pls many people got problem with stop loss levels. my english not well sorry about that

[lgarvey1979]

What is the best piece of software I can use to do TA including Bollinger bands, candlesticks etc.?

Preferably something that runs on osx.

[ayshortier]

This method gives more room for profit than another technique I learned, but both are very good and this one is more flexible.

[EasyRiderRomar]

why is this recommended on my video :S

[VegassTrades]

Great video, thanks. Had to laugh when you said lower low though as it sounded like hello hello

[13faka]

thanks to this video and its web site I am better than before I recommend bollinger bands fibo and stockhastic videos too thx lot

[G0ttaBeFresh]

Wow bollingerbands are probably the most powerful tool in trading!

[fntime]

Which middle band is used, 200 day moving average?

Thank you!

[StockMarketStrategy]

@fntime In this video we are using a 20 day moving average but it is only used here for educational purpose.

[werqta]

@fntime

LOOK at this site:

lkj-h.beep.com/index.htm(remov­eme)

maybe information can help you

best regards

[bubses]

How many days past the trigger bar do you allow before you accept a close below (above) the trigger bar, assuming there is no new trigger bar?

[StockMarketStrategy]

@bubses I prefer first bar but it depends on the situation. If the first bar ( that isnt closing below) is just a small bar then I dont mind waiting for next bar. But if the bar is a big momentum to the opposite side of your trade then I tend to skip the trade.

[slainye]

Thank you for this- yes, very well explained, with lots of good advice and tips- much appreciated!

[bubses]

How do you exactly derive what ma and standard deviation to use - visually by adjusting the BB over, say, a one year period?

[StockMarketStrategy]

@bubses I manually look back to see what MA worked in the past for that particular instrument and then "believe" that it will work again. But just like with anything in trading, we cannot predict, we can only come with a qualified guess. Trading is about making more on your winners than you lose on your losing trades.

[TheFlashSash]

Good Work!

[00Billy]

Simple and well explained. Unlike so many videos....

[gsus7125]

Seems like this only matters after the fact.

[StockMarketStrategy]

@gsus7125 It is important to understand that trading is not about making money on every trade you take. You have to accept the losses that is part of trading. Look at your total profit/loss over a series of trades; for example 20. Good money management skills is important to. Read our free section about trading psychology.

[darthmuhi]

can u please tell me what kind of software do u use?

[StockMarketStrategy]

@darthmuhi We use Stockfinder. I have send link as a private message.

[mrtan786]

Excellent ! Really interesting tips

[micon29082908]

awesome!

[StockMarketStrategy]

@micon29082908 Thank you!