This week, we shall dig into the mechanics of my favorite technical tool: Bollinger Bands. As with any Technical Analysis method, it’s important to remain balanced and understand what the indicator can do for us, and what it cannot do for us. This way, we will always remain objective during our trading.
About the Author
Sam Eder is a currency trader and author of the Definitive Guide to Developing a Winning Forex Trading System and the Advanced Forex Course for Smart Traders (get free access). He is the owner of www.fxrenew.com a provider of Forex signals from ex-bank and hedge fund traders (get a free trial). If you like Sam’s writing you can subscribe to his newsletter.