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Forex Strategy “Inner Day + Bollinger”

This strategy was devised for traders who wish to trade only on the trend. This way the traders can get a lot of money after concluding just several profitable transactions.

A successful trading requires an effective filter, which identifies the transaction at the bottom and at the top, and the minimum and the maximum.

When merchandising on Bollinger, the price supposed to be high at the upper band of the Bollinger indicator. And the price is low at the lower band of the Bollinger indicator. Though, even if the price attains the upper band of the Bollinger, it doesn’t mean that one must sell now. Pretty strong trends can move on the band and eat up any forex trader of the deposit who buys low prices in the trend that falls, or concludes deals at higher prices on an uptrend.

The filter ensures that the signals of trade are provided by the buying only if the candle, which got in contact with the Bollinger, fails to conform with a new low or a new high. 

 

Trading spot currencies involves substantial risk and there is always the potential for loss. Your trading results may vary. 

 

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