How The Pro's Trade Bollinger Bands Technical Analysis

http://www.stock-market-strategy.com Bollinger Bands can be used for many different trading setups but my absolute favorites are reversal points and the prediction of a big move. Check out our video's to see how we trade this stock market indicator.

Direct Link to Stock Market Strategy Bollinger Band Page:
http://www.stock-market-strategy.com/education/technical-analysis/bollinger-b...

Category:

Education

Tags:

• Bollinger Bands
• Trade bollinger bands
• chart analysis
• technical analysis
• stock market advice
• stock market indicators
• indicators
• stock market strategy
• day trading
• swing trading
• stock trading
• Forex

[SirZi]

I love all your videos especially on the bollinger bands which is my favourite tool for day trading. Any advice on the setting of the parameter settings for day trading on bollinger bands, width and %b on the period, deviation for 5 min chart? And if Im using the bollinger band period 20 and std deviation 2, can i set the setting on the band width for 12 period and 1.9 std deviation, what is the slow setting for band width in this case? and also for %b also 12 period and 1.9 std deviation? Thx

[StockMarketStrategy]

@SirZi We use the std settings of 20 and 2 on the 5 min chart. Yes you can set the settings differently on the BBs and the BBWidth but personally I do not see the reason for this as I would get two different signals. The reason I use both the Bands and the Width is that it is easy for me too see an extreme or historical low reading aka Squeeze. BandWidth makes it easy for me to compare the readings.The %B is to filter out potential bad trades. Hope this helps.

[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

[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.

[13faka]

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

[whagaman]

someone tell me what accent this is, somewhere in Scandinavia?

[givelord]

Thank you for this useful video. Be Blessed

[NYSEGOP]

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

[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.