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BOUNCING STRATEGY

OIL-APR17 (BRENT) 56.090 17:10 24.02
GENERAL MOTORS 37.125 17:10 24.02
JP MORGAN CHASE 89.995 17:10 24.02
PFIZER 34.155 17:10 24.02
MASTERCARD 110.400 17:10 24.02
WAL-MART 72.7450 17:10 24.02
McDONALD'S 128.385 17:10 24.02
DOW 20767.61 17:10 24.02
S&P 500 2359.770 17:10 24.02
GOLD/EUR 1187.155 17:10 24.02
COFFEE-MAR17 143.7250 17:10 24.02
SUGAR (11)-MAR17 19.7850 17:10 24.02
SILVER 18.386 17:10 24.02
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By: Eduardo Castillo
April 16th 2014 15:30am GMT, London UK
 
Trading with Bollinger Bands

As we know the currencies are very volatile, therefore we can’t predict for long term expires how the asset is going to react or were exactly is going to finish by the End of the Day. Looking at this type of movements during the trading sessions it is very profitable if you try to trade with a deviation and standard of 20 / 2 set on a 15 min time frame chart on any currency pair.
The way to trade with this strategy relies on time of expiry and momentum of the asset movement; so if you want to make money i just like you to follow this steps and start making money:

1) Set the Asset of your choice in a 15 time frame chart.
2) Add Bollinger Bands Study on a deviation 20 : 2
3) Once you have the chart start trading on hourly time of expiry trades.
4) Once you see that the candlestick reaches the Upper Band, place your position for the opposite direction on One Hour expiry.
5) If you see that the candlestick reaches the Lower Band, place your trades in the opposite direction on One Hour expiry.

image

That Simple.

Now this is only for currencies due to the volatility of the assets.
See you soon in another tip from this, your Trading Specialist.

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Adam Stone
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Adam Stone

As COO of GOptions, my first and foremost goal is to provide traders with the most up to date info from the markets. I have been trading the markets since 2004 and have been involved with stocks, binary options, and forex trading since then. I have had no formal market education and pride myself on a self taught approach to everything related to trading. I try to focus though on both the technical and fundamental aspects related to each trading day and bring forward the most important aspects of risk/reward in the market.
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