British Pound / Japanese YenEducation
Bollinger Band Bounce GBPJPY 15 m Long
The Bollinger Band Bounce Strategy is an alternative strategy if you choose not to trade the news. This trade started to move when the US Stock market opened. It is easy to see when the price is touching or outside one of the bands. The RSI and my Macd both confirmed that price was over sold. Have a copy on the wall that shows you what are strong bearish and bullish candle patterns. Usually you will have momentum behind your trade that the candles will stay the same color until the other side of the BB for your exit. We have many different strategies to learn on our blog and we are constantly coming out with new strategies for traders to learn every week. Visit us below on the website, Twitter or Facebook.
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