Get profit from bollinger bands every day - Page 198
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Thread: Get profit from bollinger bands every day

  1. #1
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    Get profit from bollinger bands every day

    you will get profit, if use my strategy

    1.open pair eurjpy
    2.open TF 1 hour
    3.use indicator bollinger bands
    4.open PO sell limit at line top bolinger bands with TP 15
    5.open PO buy limit at line bottom bolinger bands with TP 15
    6.if no touch use next candle

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  2. #1971
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    Quote Originally Posted by geddam View Post
    If a trader have strong knowledge of using bollinger bands then he can have good times trading with this indicator. Some people dont have enough knowledge about how the market works and they think they can make profits on daily basis. So the thing is that you first build up enough knowledge by doing enough practice about the method you want to apply in trading.
    Yeah enough knowledge and unlimited practices give us good understanding and with the power of best trade skills and our learning will make us sure about success and then the bollinger band will be good for earning success on the daily basis with get good understanding and trading experience for earning success easily .

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  3. #1972
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    Quote Originally Posted by cutiekc View Post
    If you want to make money every day from the market, I don't think that will be possible and be a wise decisions, because then, because of the quest that you would want to make money every day from the business, you could start taking trades that you shouldn't take, such trades will be powered by emotions and which is not a good thing.
    In Forex our focus should be to tap strong trades and not go for lose trades and try to make profits each and every day. Further its better if we think logically as to how much we can earn according to our investment and our strategies and the methods we use for analysis. There are many strategies and different traders work with different strategies and get results as per their skill level.

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  4. #1973
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    Bollinger bands is good indicator and there are many strategies based on it. But Bollinger bands are good on higher time frames and it does not work well on lower timeframes like M1, M15. It starts to work well only from H1 time frame. So strategies based on bollinger bands should be long term or higher than H1 because there will be many false signals.

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  5. #1974
    Trader cutiekc's Avatar
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    We have got to do a lot of things for us to become profitable, before we can make that success every day, I don't think it will be simple, in the sense that you should really be a good trader, such a trader that has what they want, such a trader that has a good working trading strategy. Being a trader who can make money from the market every day means you should scalp.

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  6. #1975
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    Individual guessing power usually gives him success in this business. Now arise a question about how to make a guess. Price chart and different indicators are the basis of guessing. On the Bollinger band information, a large number of people of the world are relaying for making their profitable trading business. I like to use Bollinger along with price action in a long timeframe and think this is one of the good means to make a profitable trading career.

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  7. #1976
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    The bollinger band is a very good indicator that we can use to trade and also make a lot of profits too,using the bollinger hand with discipline and patience will trading to be very easy for a lot of traders in this market,but the truth still remains that no matter the trading method you use the trader still has a large role to play.

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  8. #1977
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    Quote Originally Posted by milky11 View Post
    yes i guess that is good strategic to work with the BB level to work with the entry signals and also to confirm with the use of different indy system to avoid worse decision with the order option.
    Yes, i guess it is true that the strategic of the Bollinger band is good for trading the market either a ranging market as some traders like to use it , or the breakout system which other traders like to make use of the bollinger band.But for real, no indicator can give profits to traders everyday.Even the moving average or the resistance and support trading system which are considered to be among the best trading system in the forex market do not give traders profits everyday sir.

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  9. #1978
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    If we keep on trading as though we want to make money from the market every day, I am sure we will face a lot of hard time and all that, we should be patient with the market and know that the expectation of every day profits is not appropriate and it is mostly one of the common ways by which the new trader has followed which has lead them to taking bad trading decisions.

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  10. #1979
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    Bollinger Bands are a technical indicator.This indicator forms a channel around the price movements. The channels are based on standard deviations and a moving average. Bollinger bands can help us establish a trend's direction.The Bollinger bands indicator is just a tool,it has flaws, and won't produce reliable signals all the time so it is good to use one or more good indicators in combination for more confirmation.

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  11. #1980
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    Quote Originally Posted by Kinza pervaiz View Post
    Bollinger Bands are a technical indicator.This indicator forms a channel around the price movements. The channels are based on standard deviations and a moving average. Bollinger bands can help us establish a trend's direction.The Bollinger bands indicator is just a tool,it has flaws, and won't produce reliable signals all the time so it is good to use one or more good indicators in combination for more confirmation.
    This is a good indicator to find the channel it is like trend channel which will help to find the market direction with moving average and with its upper and lower bottom we use as support and resistance level these are most successful way in trade which will actually help to make our trade ideas successful and to trade safely .

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