In the early 1980’s, John Bollinger created a new overlay band system that adapted on its own to volatility moves in a stock – he called it Bollinger Bands. At the time he had no idea this little technique would go on to change the face of modern trading.
Today there’s hardly a charting software on the planet that would not include Bollinger Bands. They are a staple of both longer term and short term traders alike. They work equally well for equities, futures and forex. Simply put – they were a game changer and are one of the most powerful tools in the toolbox of the modern trader.
Class Breakdown
Bollinger Bands build on the already established analysis technique of percent bands. The distinction added by the Bollinger Bands is the volatility component, where the bands expand based on a standard deviation from a moving average.
The system is powerful because of its relative nature, which allows it to adapt quickly to increases or decreases in volatility. It is also powerful because of the various trade setups it presents.
In this program you will learn about the three main methods of trading with the Bollinger Bands. You will also learn about two powerful Bollinger specific indicators to help interpret the information presented on the bands. You will discover a way to identify explosive trades just days before they explode, and also how to identify when a trade is complete and about to reverse.
Bollinger Bands have been around now for over 30 years and in that short time they have changed the face of technical analysis. Check out the Bollinger Bands Essentials trading and see how this system can benefit your trades as well.
You Will Learn
History of Bollinger Bands
Construction of the Bands
Bollinger specific Indicators
Understanding Bandwidth
Recognizing indicator setups
Bands & Candlesticks
Patterns inside the bands
And much more
SIZE: 2 GB
TradeSmart University – Bollinger Bands Essentials Contents: Videos, Pdfs