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Dean Whittingham

A Traders Universe - Stock, Futures & Forex Trading System Development for Creating Wealth

Traders of Stocks, Options, Forex, CFD's, Futures and more, would you like to know 4 powerful ways to use Bollinger Bands in your trading?

 Bollinger Bands are one of the more widely known technical indicators around but least understood. They are also very dynamic and have many uses. Invented by John Bollinger, they are best described as a way to visually measure volatility. What if you could create trading opportunities just from using bollinger bands and nothing else? Well there is a way and it is described in my free online video: 4 Powerful ways to use Bollinger Bands. 

Experienced traders develop their own way of using indicators, whether it be combinations of several indicators, or powerful combinations of the one indicator, used in such a way to create trading opportunuties that most other traders can't see.

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There are four ways I look at Bollinger Bands. One is to establish trends, then to establish corrective moves. I feel that establishing when trends and then more importantly when corrective moves take place is an important part of becoming successful in trading.

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Another powerful way to use bollinger bands is to look for volatility break outs. Volatility break outs can provide handsome rewarding trades when used properly, but more importantly when noticed!

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Then I use what I call higher time frame support and resistance. All of my mentors from the past had this in common (among other things), they all paid attention to the higher time frame. Using Bollinger Bands when looking at the higher time frames can add a very powerful new dimension to your trading.

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And then we have divergence. A lot of traders use divergence with indicators such as MACD, stochastics, RSI and so on, but most are unaware that you can use divergence with Bollinger Bands.

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When you combine some or all of these methods you will begin to uncover some powerful trading opportunities. What's more, you will be able to take advantage of trading situations that most other traders will be unaware of. This is the power of Bollinger Bands. In my video, 4 powerful ways to use bollinger Bands, I will explain in more detail the four methods above, but more importantly, how to combine the various methods to create powerful trading opportunities.

If you'd like to see my video tutorial explaining the 4 powerful ways to use Bollinger Bands then visit our free membership page for details. Or you can simply sign up for our free membership here.

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