How To Use Bollinger Bands To Make Better Trades
Source: Freepik
Bollinger bands are one of the most powerful technical indicators available. They are sometimes referred to as a trading envelope. The neat thing is, Bollinger bands work in any global market, including equities, futures, options, and Forex.
Bollinger Bands, developed by John Bollinger, are essentially lines that are plotted at a specific interval around a moving average. They can be used for determining the trend strength as well as volatility.
With this in mind, here’s a quick overview of how to trade using Bollinger bands.
This post originally appeared at Trades Of The Day.
Category: Options Trading Strategy, Technical Analysis
