Scalping FOREX with Bollinger Bands
& Maximizing Profits
with chart illustrations and my Step by Step Instructions
Make Consistent Profits Trading Forex
The Bollinger Bands are probably the most reliable and profitable trading strategy available to technical traders. The Bollinger Bands, without any other indicator, tell you the most important aspects that the market is trying to tell you. The fact that Bollinger Bands will tell you when volatility is expanding or contracting tells you many things --- first, if the bands begin to widen, it shows you the market is starting to trend. second if the bands begin to contract, the market signals that the volatility is drying up and tighter bands indicate the market is about to bust out in one direction or another. Also, the distance between the bands show you the potential range of resistance and support. When you think about it, Bollinger Bands are one of your best all around indicators and I have learned if you have all three deviations of the 21 Moving Average, you literally have a template that displays the market as it graduates from one price level to the next, similar to using pivot points. Chances are when prices close inside the the first deviation trading range, the market is ready to move to the 21 MA and beyond, if the dominant trend is also sloping in that same direction. Therefore, you have built-in buy and sell signals with Bollinger bands. Also, when the market breaks out in one direction, I have learned how the market tends to bounce between the first and second deviations of the Bollinger bands. Again, you have built-in buy and sell signals with Bollinger bands, telling you when to buy and sell, once trending price action is established. My eBook explains the many trigger signals generated within the Bollinger bands during various price patterns, and explains how best profit from these patterns.
I have designed a template, with all three deviations of the 21 moving average and have added a few confirming indicators, to pick the better buy and sell trigger signals. My visual trend indicator is killer spot on when the current trend is reversing, and momentum is beginning to accelerate in the opposite direction --- when the line turns blue, you buy, and when it turns red, you sell – pretty simple, huh.
Let me show you you a picture of what your Metatrader 4 screen would look like using my template, so you can see the many possibilities of how you can use this trading system to find a multitude of buy and sell signals, and on any time frame...
In the above illustration you can see the template and how it displays the three deviations of the 21 MOVING AVERAGE. The eBook will explain the theory more in-depth, but I hope you can see how easy it is to see the visual cues that trigger buy and sell signals. The thicker RED/BLUE Line is my main trend indicator, and when it changes from red to blue at the beginning of a new candlestick, you would BUY, and conversely, when the line changes from blue to red at the beginning of a new candlestick, you would SELL. The area between the Low and High 1st Deviation Lines is the basic trading range, so when price closes within this 1st deviation area, then generally a move toward the 21 MA and possibly beyond has begun, so a close within the 1st deviation area can be a great buy or sell signal in and of itself if the dominant trend on higher time frames is also in that same direction. If the trend indicator also confirms a buy or sell signal, then you have a higher probability of a move toward the 21 MA and beyond. Also, if a confirmation of a close outside the 1st deviation band, may signal a continuation to the 2nd and 3rd deviation Bollinger bands. If the price continues to the 2nd deviation and beyond, then the the 2nd deviation line becomes support or resistance for the continuation of the price move and the chart illustrates how you can scalp this area between the 1st and 2nd deviation bands. Again, the eBook explains in more detail how you can scalp the market very successfully. I think you can appreciate how using Bollinger bands with this simple strategy can help you find the more profitable high probability trade set ups.
I won’t tell you that trading FOREX is always easy, but I will teach you how to be patient, wait for the better trade set ups, and rely on time tested low risk/high reward proven strategies, that will produce more consistent trading profits --- WHY ? ---- because, a disciplined trading method over time, like the ones I teach, will produce more wins than losses – PERIOD!
Once you learn my trading method on smaller time frames, you can incorporate the same method and scalping technique on larger time frames, like the 4 hour charts, and profit 3 to 1, reward to risk ratios – in other words, you place smart trading orders that risk $25.00 to make $75.00 --- “NOW THAT’S WHAT I’M TALKING ABOUT” --- real time, consistent profits daily... the sky is the limit when you have your own FOREX business --- Learn how and why with my simple, step by step instructions, that literally teach you how to become a professional trader, and how to adhere to a proper psychological mindset of this trading game, by throwing your emotions out the window and rely on the tactics and strategies the pro traders know and use so well!
Now, for a limited time, you also receive a free eBook entitled, “Stress Free Forex Trading” with purchase of CALPING FOREX WITH BOLLINGER BANDS & MAXIMIZING PROFITS
Learn How to Maximize Forex Trading Profits with my Bollinger Band Trading System (INSTANT DOWNLOAD) >>>
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