Bollinger Bands and the SPY, something that I saw trading Forex that seems to easy to predict the SPY
I usually trade Forex every other day if im not in any options I threw the SPY into my Metatrader 4 for Forex and was playing around with indicators for some reason the SPY and the Bollinger Bands seems too predictable The SPY always tests the outside of the center deviation band, always taps and back tests seems odd that an indicator would work this well and this hasnt been talked about for the SPY on here go to tradingview.com use the SPY chart and throw on the Bollinger bands seems to easy to trade based off of history Super easy YOLO calls and PUTS on SPY from now on? UPDATE: https://imgur.com/a/3fCWmCG Here is an image of the 1 Hour chart with the SPY. Seems like it would be a good idea to purchase Options/Stocks at CenteMid Deviation, and if it keeps falling just purchase more looking at the chart it seems like it will keep hitting center deviation the next time it drop down and then shoot back up, i will buy in on shares to test and then hold, options would be to risky for this test. Wish me luck nerds
http://twitter.com/forex_in_world/status/1169675126742429697#forex #forextrading Bollinger bands WPR strategy for option traders »» https://t.co/rge5JqwPSH pic.twitter.com/3BEKJdD9RQ— FOREX IN WORLD (@forex_in_world) September 5, 2019
http://twitter.com/forex_in_world/status/1148218883909791744#forex #forextrading Bollinger bands WPR strategy for option traders »» https://t.co/9sxe3hbxce pic.twitter.com/qBml6Sotqd— FOREX IN WORLD (@forex_in_world) July 8, 2019
http://twitter.com/forex_in_world/status/1145259316007583746#forex #forextrading Bollinger bands WPR strategy for option traders »» https://t.co/W6ncv74LT5 pic.twitter.com/FEThIVaYj0— FOREX IN WORLD (@forex_in_world) June 30, 2019
To sum up, the Bollinger Bands indicator is a great tool to analyze a currency pair. It works both for scalping and for trend riding. Best results aappear by using it together with other technical analysis tools. This way, the Bollinger Bands will act as a confirmation and will bring more confidence to the overall trading process. Bollinger Bands is a techinacal analysis tool invented by john Bollinger in the 1980s. Having evolved from the concept of trading bands, Bollinger Bands can be used to measure the highness or lowness of the price relative to previous trades. Welcome to John Bollinger's technical analysis and Bollinger Bands ® Forex website!. Bollinger Bands are a technical trading tool created by John Bollinger in the early 1980s. They arose from the need for adaptive trading bands and the observation that volatility was dynamic, not static as was widely believed at the time. Bollinger Bands use two bands to forecast the potential high and low prices for an instrument relative to a moving average. During normal market conditions, the bands usually appear to move in a synchronous pattern, but you can gauge volatility in the market by observing the distance between the bands. ... FOREX.com is a registered FCM and RFED ... Trading With Bollinger Bands When Trending Typically, Bollinger Bands indicators are used for forex trading when the market is sideways. However, it can actually also be used during the trending market, with rules: An uptrend occurs when the price has broken through the upper band and the closing price is outside the band.
Join my Ichimoku Community and master Ichimoku Kinko Hyo (Get Ichimoku Basic Master book and lot of other perks!) https://forex-kei.com/?page_id=2636 Joi... In this Forex trading vlog, I start the day with a Japanese lunch and then share 2 recent trade setups covering a complete trading strategy using the Bolling... Practice these concepts with a free practice charting and trading account here: http://bit.ly/forex-demo1 For the full lesson with images, text, links, and d... Bollinger bands is one of the most popular and broadly used trend-following indicators for forex and stock trading. The Bollinger bands is one of the simples... Bollinger Bands can be applied in all the financial markets including equities, forex, commodities, and futures. Bollinger Bands can be used in most time fra...