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.

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!

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.

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.

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.

To see the benefits of A Traders Universe membership along with your bollinger bands video click here

Home | Contact | Directory | Stocks/Options | Forex |  Futures/Commodities | Most Markets | Log-In |Store | Become A Member | Affiliates | Blog