Trading With Bolinger Band
Written by Administrator   
Sunday, 17 January 2010 10:56

In this forex trading trick, you will using pair GBP / JPY. And the other parameters is:
 Indicators: Bolinger Bands
 timescale: 15 M in the MV or 5M in MT4
Default  TP: 25 points.
Default  SL: 50 points
 Margin: 30% investment.
Tradding time at around 16.00-18.00 (GMT)
Focus on the CHANGE column pair GBP / JPY, the price now compared to the opening price. Other than that, the column pairs that need to change the other note that is: USD / JPY, EUR / JPY, AUD / JPY, CHF / JPY.
Open SELL: If you change the column GBP / JPY shows the number of minus or red.
Open BUY: If you change the column GBP / JPY shows the numbers Plus or green.
Before the open position, see bolinger band:
If you want to Open SELL start transaction at the price points most close to the upper band.
If you want to Open BUY start transaction at the price points most close to the lower band.
If the column is less than changesaat was 0:30 or more than the OP -0.30 SELL AND BUY transactions and by using STOP ORDER. Do not forget to go directly to cancel orders that are not touched.
BUY transactions, a column filled with a 0:30 price-change column value today, the result is added to the current price offer dikolom. Example: if the current change values = 0:30 and offer price in the column = 234.50 then 0.30-0.15 = 0.15 is 234.50 +15 = 234.65
SELL transactions, a column filled with price-value-column 0:30 this change, the result is added to the current price dikolom bid. Example: if the current change values = 0:30 and offer price in the column = -0.30-0.15 =- 234.41 is 0:45 mean 234.50 + (-0.45) = 233.96
If the current change column pair GBP / JPY, USD / JPY, EUR / JPY and AUD / JPY and CHF / JPY to move the same, ie green or red all all. So TP is not limited to 25 but left empty, note that American session. If you feel that prices will turn around the diclose. If you feel that prices will remain at the beginning then allowed to continue until it reaches 100 or 150 points. If the point has reached 50 and above, the SL should be set back if the price of OP +5 and -5 if BUY SELL. made forex easy!!!

bolinger indicator

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Last Updated on Wednesday, 17 February 2010 10:04
 

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