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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.


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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