Learn how to use Bollinger Bands from the man who developed them. John Bollinger teaches you the basics of Bollinger Bands so you can use the effectively.In this 2+ hour presentation taped live in Los Angeles John Bollinger teaches the basics of Bollinger Bands and provides the background and calculations for his indicator. This session provides the fundamentals regarding the construction and use of Bollinger Bands, teaching you the essentials you need. John further explains how Bollinger Bands can be used with other indicators for confirmation so you will have confidence in using the bands to make trading decisions.
Bollinger Bands are a technical trading tool created by John Bollinger in the early 1980s. They arose from the need for adaptive trading bands and the observation that volatility was dynamic, not static as was widely believed at the time. Bollinger Bands can be applied in all the financial markets including equities, forex, commodities, and futures. Bollinger Bands can be used in most time frames, from very short-term periods, to hourly, daily,weekly or monthly Bollinger Bands answer a question: Are prices high or low on a relative basis? By definition price is high at the upper band and price is low at the lower band. That bit of information is incredibly valuable. It is even more powerful if combined with other tools such as other indicators for confirmation. Learn how to use this powerful tool in the Bollinger Band knowledge section.
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