Options trading using bollinger bands 70's music


When i first started this binary i lost lots of money .now i have recovered almost all the money now i trade from home very happy. No magic bullet just lots of reading on sites like this one, lots of practice, then lots more reading more practice, read, practice. etc., etc.
It took me a little bit but I was pretty determined and eventually I DID actually become a consistently profitable binary options trader! And I 8767 m loving it now Jason. Mail me.
Glenn

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Thank you so much. The fact that you explain everything so clearly is amazing. The fact that you also involve real life examples of stocks and having us do questions helped the info sink in even more!

Using Bollinger Band® Bands To Gauge Trends

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So after years of 'hit or miss' trading I started thinking about trading as a real business about 7 6/7 years ago - buying and selling stocks and options as a 'business'. I didn't know if it could be done, but the idea intrigued me. I knew somebody, somewhere was making a killing in the markets and I was determined to find them, learn everything they know and make a killing of my own.

About the bollinger bands, I have one question. I know you don 8767 t need to know everything in order to be good at trading, but, as I become more advanced, I like to learn more about the forex tools and the rules that make the market move. For example, we know that if the bands are too close, it means that the interest on buying and selling is low. But, what does it mean, when one band is downward, while the other is upward? Market indecision and high volatily? If a chart is volatile and is trending down strongly, but the lower band points up, it is because, after an high volatily, the market is oversold, and will likely bounce up from close support level? How do the bands relieve it?

Dear Chris
When we look for nearest resistant or support lines some of them turns from downside to upside the other opposite. So if we think about going long or short which one we should consider? Both or opposite turning point?
I hope explanation of my question is clear enough. English not my first language
Thank you
Dogan

Bollinger Middle Band is nothing but a simple moving average , but it is the base of the other two upper and lower bands.

hi chris
a question out of this article
why you do not have any analyze about crude oil movement and trading about it?
thanks

Take a look at the example below and notice the tightening of the bollinger bands right before the breakout and to my point above, a price penetration of the bands cannot alone be considered a reason to short a stock or sell it. Notice how the volume exploded on that breakout and the price began to trend outside of the bands. These can be extremely profitable setups.



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