Bollinger Bands and Forex

http://www.bollingerbandgenius.com/bollinger-bands.html - In this video I'll show you a set-up using Bollinger bands that you can use to make virtually unlimited profits with Bollinger bands.

All you have to do here is pay careful attention to swing structure and price actions failure to print a new swing high. In this case when the new high failed to print on the chart we ended up with nearly a double-top, which is equally as powerful but because the high was actually lower than the previous it wasn't quite a double top.

In this case it was a LOWER SWING HIGH.

When that happened we ended up with a consolidation, a pinching of the bands and then ultimately a nice Bollinger band expansion followed by a break of the lower support levels and a perfect low risk high profit entry into a move that collapsed down to a quick fast 400 pip profit in a total of 4 days.

For more tips on these high profit Bollinger band set-ups visit this page -
http://www.bollingerbandgenius.com/bollinger-bands.html

Category:

Education

Tags:

• Forex
• Bollinger bands
• Stock Market
• Trading tutorial

[Renegadetrader]

Thanks Abhinav !! Take care man.

[kahlenberg1683]

Very interesting: may I know the settings of the double BB and of the dotted line (I guess it's a MA) of the video?

Thank you

Best

[laettis]

Hey Renegadetrader,

how can I contact you? I would really love to know more about your strategies. I am an amatuer trader, though not expert in TA, but since I started trading stocks over a year ago I have just above 100% profit on my investments. I was up to 1000% but thanks to my inadaquate experience I "only" ended up with 100%. Anyway, love your vidoes because to be honest I never used BB for anything ;-) Now I have totally different understanding of how easy BB can be applied.

[IknowIamafool]

Mark Deaton, you rock man.

I am following you since a long time in most of your websites and you have helped me immensely. Keep up the good work.

Abhinav Asthana