“Bollinger Bands Trading Method”
“Achieving Success in Trading”
“Candle Bars with Bollinger Combination”
Having a solid strategy is key to success. One popular trading strategy is by using Bollinger Bands in conjunction with candle bars to identify potential trends and know when to take positions.
When analyzing currency pairs, traders look for specific signals that indicate potential movements in the market. For example, if the candle bar is above the middle line of the Bollinger Band, it may suggest a high chance of a downward trend. On the other hand, reaching the lowest Bollinger Band could indicate an opportunity for an upward trend.
To implement this strategy, traders set the Bollinger Bands period to 12 with a standard deviation of 3. They then observe the candle bars on a 1-minute timeframe to make quick trading decisions. It’s important to note that aiming for at least an 80% return is recommended due to the brokers fluctuating nature of currency rates.
Traders following this strategy have reported achieving returns from 70% to 80%. While not every trade may be successful, maintaining a positive trading output is key. Staying updated on buy or sell alerts for different currency pairs is essential to capitalize on potential trading opportunities.
In conclusion, using Bollinger Bands and candle bars can help traders make good trading decisions. By staying informed, following buy or sell alerts, and aiming for high return rates, traders can increase their chances of success. Best to always trade responsibly and stay updated on market trends for optimal results. #pocket option #pocketoption #pocketoptiontrading #trading #binaryoptions #tradingstrategy #BallingerBands #forextrading
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