25. How to Trade Bollinger Bands - Stocks, Futures, Forex

[fardL]

My pal used this forex tactic called: Effectus Forex Strategy and earned about 400 pips in a couple of weeks without working!Anyone else tried this?

[cowboydreaminvestor]

You must keep in mind that Bollinger bands, just like moving averages, are lagging indicators. This means that they often tell you about a trend... after it has reversed. A better strategy is behavioral finance. At Cowboy Dream Investing, we take advantage of the mistakes of emotional investors in order to make huge profits. Our buy/sell signals are correct 4 out of 5 times. Come check us out on Google.

[mrgice3]

What value would you suggest the RSI indicator for trading a10min chart?

[gahmedz1]

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[robo7769]

Great video's thanks David. Finally to all the people advertising your garbage on these video's; you're a bunch of cheap ass losers who highjack someone else's hard work such as David's work from informed trades. Why don't you take your crap product links and shove them up your ass and piss off !

[onkar2510]

okadvisors.blogspot. try this for real results!!!!!!!!!!!!

[saweaq1]

avesome video...thank you very much

[mhead66]

Great Vids, David. If more people watched your collection of vids on your channel, learned the concepts and safely applied even a limited amount of capital to growing their portfolios safely - like stragies like credit spreads - they could follow the tenets of Kiyosaki, who preached, "Make your money work for you, don't work for your money." Sad that the mass of men won't take advantage of this free information and actually apply it... Again, thank you.

[saweaq1]

great video

[NVYnavygator]

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[freeSCALPINGindicato]

I got awesome free indicator for scalping if anybody looking...

[gengarjetty]

so basically chart patterns are all about prices breaking barriers, right? be it support n resistance, triangles, wedges, etc

[neapopica]

on what broker do u trade, or which would you recommend for a starter. ???

[EasttSideCustomZ]

@neapopica if your new to trading cmc markets is a good start but i wouldnt recommend going live on cmc because it doesnt give you much things to change around on the charts. but i recommend you start off with cmc practice account which you can keep and use forever which most platforms dont do. then move on to igmarkets which i recommend because it is an excellent platform to work with you will see why if you try it.but thsi is my opinion feel free to do what you want... good day

[VanTharpTrading]

informed trades We noticed you linked and embedded a few of our videos to your site. Just wanted to say thanks it's appreciated.

[FreeFOREXautoROBOT]

Nice video!

Thank you very much.

I like Forex Robot - I got one free.

I have a great results.

[KeshaWW]

To believe in this man must be a naive fool.

Switch the time interval and get the exact opposite.

All technical analysis is based on this

[OilTradingAcademy]

What if I could show you a secret about trading Oil that is essentially a cheat sheet for trading it? What if by using this cheat sheet you could achieve up to a 90% accuracy on your trades? Do you realize how much money you make trading Oil relative to how much it costs to trade it? I'm a scientist and discovered the "code" for trading Oil 4 years ago, it's controlled by a computer and not by "buying" and "selling", now I'll show you this "code". Google my website "Oil Trading Academy".

[LondonBoy2006]

Forex is a scam, you are trading against goldman sachs and Lehman brothers Algo trading Robots, they have no spread...you do, trust me . Ever wonder Why all charting packages are free in forex but foro other instruments you have to pay. Well thats because its a scam. LONG TERM TRADING ONLY.

[globalmarkettrader]

I quite like this video very similar to the techniques we teach traders. Well done great work. 

[pandey835]

Good Description

[FreeFOREXautoROBOT]

Thanks, its informative, I like Forex robot - i got one free if anybody looking for...

[desain2]

i hate how hard it is to see user ratings in the new youtube? does anyone know if there is an easier way? can you rate stars instead of only Like andDislike?

[eitoobmiz]

iuse the MACD STRATEGY for consistant profits

[cashlin62]

Excellent. Thank you.

[Mrbignutzful]

Thank you again David, you always manage to simplify things!!!!

:)

[aslamaman]

hey dave! i am begginer and geting a lot of assistance from your lectures, i am practising on demo, can u tell me that from where should i get these charts as bullinger, stockastics etc....... thanks!

[danutzorion]

i'm newbie in forex but after i saw all this videos i;ve start to win ,i make at least 100 hundred pips per day,maybe for you is not very much but for me it is,my loses are insignificant ,thank you for this lessons,i learned allot.

[LondonBoy2006]

if you make at least 100 pips a day, then you should be a multi millionaire in 6 months.

[kosai19]

Not sure that's realistic with trading even forex. The only pair I know that has any kind of price movement even close to that tis the GDP/USD. Been trading forex now 5 years... 40 pips on the pound is more reasonable than 100 in my opinion.

[LondonBoy2006]

I never said it was, I was quoting some one else who claims that they make 100 pips a day as a beginner. Which was complete bull.

anyone saying they make 100 pips a day and is not a multi millionaire is a bloody liar. Same with anyone who says they make at least 20 pips a day consitently.

[kosai19]

Actually 20 pips a day consistently is very possible. I know quite a few people who can do that 7 out of 10 days trading.

It's true that the vast majority don't make money trading so it's understandable but those that do win consistently.

The guy who introduced me to trading in fact makes 10 to 20 pips almost every day. I've watched his trading records so I know it's legit.

[icarus3375]

how much is he willing to lose when he does have a bad day?

[kosai19]

He does a 2 to 1 ratio (risk vs reward). So if his target is 20 pips, his stop order is set at 10.

[icarus3375]

sounds like a good system. thanks

[kosai19]

It's not really a full system, just one part of trading. If you want more info send me a private message.

Cheers.

[surfcitynews]

What currency pair are you trading and are you doing the scalp chop or longer term trades like holding for more than one day?

[danutzorion]

I don't trade on live account yet,i started 3 months ago on a demo account with 500 dollars,now I have 1600...I trade only gbpusd,gbpjpy on 5 min chart,I don't hold a trade more than one day and i don't trade monday and friday.Soon i will have a live account,I hope that it will be the same thing there....

[joshuademoraes]

forex?? I prefer to stay away from forex...futures is my fav..:D

[elwalvador]

The most reliable buy/sell signals come from well-established support and resistance lines. The second most important ones come from the 50 and 200 day SIMPLE moving average. With those two simple things you could consistantly make profitable trades. All the other indicators simply run the price action through some complicated formula, but don't really give much predictive value. Basically, there almost useless.

[deanmat]

I've been looking at tons of charts. If you simply buy the stock you are following when it crosses above the 50 DMA and sell when it drops below, you can't really lose money. You would miss all the big down turns and catch all the big up trends. You of course don't make anything in a sideways market, but then again, sideways markets are hard for everyone.

[myspacesecrets]

bollinger bands dont work in this market.

wayyyyy outdated. sorry.

[vanbadai]

Trading is like a journey. It takes time to master it. Managing our emotion is the most crucial. Usually it's the greed that will bring you down. When trading, always trade to win, or at least only lose a little fraction of your capital, that's why we stop loss is important. I'm a full time private trader and I'm finding that there's no single technique that is the best, combination of those techniques are. Difficult is you need to master one technique at a time before you can combine it.

[roseman129]

agree with ur comment. at the beginning i trade forex. i always win. but when i came in the middle i always loose. only after a year i can create my own system. with combination indicator and candle characteristic. until now i didnt stop learning all forex tools.

[joshuademoraes]

yes..market look confusing and a really chaos, but the logic is simple...price goes up or down and so many traders lose money by not control the risks (stops) and emotions..I lost 40 % of my money and now I'm trying to get it back..and I will for sure

[ketogenesis]

trading is all about minimizing risk such that you make a profit at a slow pace, but the gamblers always lose in the end.

[fukojuma]

may hod show you ALL FOOLS the best way to trade!!!! and make money EVERY DAY...and now...bless

[fukojuma]

to hell with all your trading information, i lost 5,000 EURO...traders be wise don´t listen to them....this is an oficial warning...from a pro...

[km703]

fuko,

If you are a pro, why aren't giving tutorials instead of watching them?

[fukojuma]

i wanna make some first before i reply...hold on...butithink this is the strategy of the strategie...ive losttoo much money to know hat i am talking about...bless

[MikeZar]

you know what your talking about because you lost so much money?

[LondonBoy2006]

@km703 Exactly nothing is for free, David gets money from FXCM as an Introducing broker.

[TradingWithAnEDGE]

I have custom SUPER POWER BANDS

[damilitantone]

Love the course, however, some of the videos look like hostage tapes. I hope that you are not being forced to enlighten the rest of us!

[mr667]

lol, true. but instead of a black flag with arabic writings on it, there needs to be a black flag with a price chart on it behind him.

[damilitantone]

I almost forgot about this post, but yeah you understand what I'm saying exactly.  Too damn funny.

[vbluemist]

very well explained! kudos to you! :)

[ForexFrenzy]

Good example of combining indicators, looking for the Levels and divergence in the oscillator indicators, great video.

[InformedTrades]

glad you liked it thank you for the comment and for watching. Best Regards, Dave

[sailorguyli]

David , My compliments on the clarity and precision of your videos. I'm getting through nearly all of them,,and although Ive traded before, I regard this as the best series of educational explanations Ive ever seen

Thank you for the good work. Eric

[InformedTrades]

Hi Eric, Thanks for the comment and for watching I am glad you like them. Best Regards, Dave

[purplerenizz]

Hi David,you are a King.

I have downloaded all videos from youtube and will be giving them to people that are new to forex, just i wanted to ask you, The videos that are on your website can I download tham all in once maybe? Or not!, because i have spent 5 hours decoding 50 videos from youtube. Thanks again friend, Rock on.

[InformedTrades]

Hi Purplerenizz, Thanks for the compliment am glad you like the videos and really appreciate you passing them around. I also upload to google video which allows you to download a little easier than youtube. Keepvid (thats the website youtube won't let you use the dot com part) which I have not tried myself but may be an easier option as well. Lastly we are going to be putting together DVD's soon so I will come back to you when those are ready as well. Best Regards, Dave

[purplerenizz]

Hi David, can you tell us something more about Momentum indicator? Thanks again.

[InformedTrades]

Hi Purplerenizz, Thanks for the comment.  If you visit my channel by clicking the InformedTrades link in the upper right hand corner of this page you and then go to videos numbered 21, 22, and 23 those are the main momentum indicators. Best Regards, Dave

[davidyankee1986]

Thank you Mister David for those helpful videos, I am witring from COlombia, I love Capital markets specially stock market and I am just getting used to know all about it be sure I 'll watch all your videos

[InformedTrades]

Hola David, Glad to hear from you and good luck with your studies on the markets. Let me know if there is anything that I can do to help. Best Regards, Dave

[yulb50]

hey david vivo en medellin y estoy metido en toda esta ciencia del forex y stocks me gustaria intercambiar ideas contigo

[Tuxster3]

Isn't trading just a game? Like going to a casino?

I mean, over the long term which creates more wealth: fundamental analysis or technical analysis? Definitely, the former.

How many billionaire traders are there out there?

Warren Buffet would agree.

[InformedTrades]

While I agree that Warren Buffet would agree that investing for the long term is the way to go, I think you will find if you look at the Forbes 400 list that there are a lot of billionaire traders listed on there including George Soros, Stevie Cohen, James Simons, Bruce Covner and others.

[InformedTrades]

The difference between trading and going to a casino is that when you go to a casino the odds are always against you and in the house's favor. Best Regards, Dave

[InformedTrades]

The difference between trading and going to a casino is that the odds are always against you when going to a casino so over the long term there is no way to win.

[Tuxster3]

Actually, the same can be said of stock market investing overall.

There are no natural laws that say a stock must go up. However, we continue doing thing.

Hehe.

[InformedTrades]

Thanks again for the comments. I don't see how the stock market going up or down has anything to do with the odds of making money since you can go short when the market goes down. Or maybe I am misunderstanding what you are saying? Best Regards, Dave

[Tuxster3]

No, you're not misunderstanding.

But like not knowing if and when a stock will go up, we don't know if and when it will go down either.

I'm just playing devil's advocate.  ;)

[InformedTrades]

the difference between trading and going to a casino is that when gambling at a casino the odds are always against you and in the houses favor so over the long term there is no way to win besides cheating. Best Regards, Dave

[Tuxster3]

True, I'm aware of these exceptions. But I feel secure venturing that historically, fundamentalists have trounced technicians.

Of course, I could be wrong.

[InformedTrades]

I have never seen stats on this however I personally believe that you can make money being a technician, a fundamentalist, or a mix of both and that its best to find what works for you and go with that. I of course could be wrong as well though;-)

[Tuxster3]

Hehe.

[supasonic128]

I agree with the mix idea. I started out years ago as a fundamental trader and made good trades but missed a lot because that didn't match a criteria. Few years later I learned TA and did well with it but found I got whipsawed about more than I'd like to admit.

I now implement both and find that my bottom line is much better than just doing one or the other. But this is just one traders story.

Great Videos btw, would have saved me some headaches back in the day

[InformedTrades]

Thanks for the comment I am glad you like the videos. I agree here and feel that even if a trader doesn't use technicals they should at least have an understanding of them so they know what they are not using. Best Regards, Dave

[venkstaar]

Hey Dave, that was an informative session on Bollinger Bands. I am an active intra-day currency trader and i wish to know which charts are typically suitable for Bollinger Bands in active sessions.I like to look at Daily charts for the broad pattern and break them down to 120 Mins or hourly charts for a trade idea. Appreciate your comments. - Venky

[InformedTrades]

glad you liked it thanks again for the comment. I think getting an idea of the overall direction of the market on longer term charts and then moving down to shorter term charts to pick trades is a good overall strategy. For currencies specifically I would add a 4 or 8 hour chart in there as it gives a better picture of what is happening during each of the trading sessions which make up the 24 hour trading day than a daily, 2 hour, or hourly chart does. Best Regards, Dave

[jeffguroo]

I am new to trading to forex and have been using the bollinger bands since the first night. I wish I had watched this video earlier on, especially the tip on the 2nd breakout after a contraction.

[InformedTrades]

Glad you liked it and if you haven't already be sure to check out the link in the description as their is some good resources there for other uses of Bollinger Bands as well. Best Regards, Dave

[hypno63]

excellent

[InformedTrades]

Hi Hypno63, Thanks a lot for the feedback I always appreciate the comments and am glad you liked it. Best Regards, David

[hmu7]

Hi David,

Thanks for all those great videos.

Please make a video about the Fibonacci lines.

God Bless, Merry Christmas!

[InformedTrades]

Hi hmu7. Thanks for the feedback and look for a video on how to trade fibonacci lines in the next few days. Merry Christmas to you to. Best Regards Dave

[lopes80andre]

Great Video! Thanks.

[InformedTrades]

much appreciated, more to come. Dave

[InformedTrades]

Thanks again for the feedback will add to the list. In the meantime check the description, click the third link, then click the resources link on the page that comes up. There are two free tutorials there from John Bollinger which cover this topic as well as being a good read in general. Best Regards, David

[trapD9]

NIce work! Im surprised there isnt more interest in these clips.

[InformedTrades]

Thanks for the feedback trapD9 I am glad you like it. I just got started a couple of weeks ago so hoping to generate more traffic as time goes on. I know that comments and ratings help video rankings so thanks again for the comment! Best Regards, David

[Schweizer135]

Excellent! Really appreciate these. As a future folllow-up you might cover trending in the upper and lower half of the BB. I hear that's also important as well as crossing the centerline.

[InformedTrades]

thanks again for the feedback I will add that one to the list. In the meantime check the description and click the third link on the page that comes up.  This will take you to a tutorial by John Bollinger that covers what you are talking about and is a good read in general.

[InformedTrades]

Thanks again for the feedback will add that to the list. In the meantime check the descriptions section, click the 3rd link, then the bollinger band resources link on the page that comes up. There are two free tutorials there that cover the subject from John Bollinger himself. Best Regards, Dave