Hi traders, in this article, I will feature a few of the Bollinger Bands reversal patterns that I personally use very often in my trading. These are valuable trading ideas that you can incorporate into your own trading strategies.
Before I jump into details, let me say this…
I always encourage traders to conduct proper backtesting when introducing new tools into your trading plan. If you wish to discover how you can seamlessly incorporate new Bollinger bands ideas into your existing strategies, I recommend reading my previous post on Forex Tester 4 and my backtesting journey.
In this video, Jason Stapleton talked about the importance of looking at the big picture, finding the trend, and then trading with the trend. More importantly, he also taught us how to identify good risk-to-reward ratio in order to make this trading opportunity worthwhile.
As I have mentioned before, you won’t be able to win every single trade. All you have to do, is to make sure that you win more than you lose, and you will naturally come out as a great winner in the long run.
Hey guys, today I will do a Forex strategy review on a popular strategy found on the internet. It’s called the “Simple Balanced System” posted in one of the more popular Forex strategy website. Is it really that simple? Is the strategy profitable? I’ll get you the answer soon!