Is Profitable trading strategy ko Try kare.

[pak forex]

Indeed its a very nice strategy but we can not use it on news time. as we can see in above image that after hitting tp(middle bollinger) at about 0.8870 the price still continued to climb and at price 0.8875 we get a sell signal as price touched upper bollinger band.So if you enter there than the price will go against you and the result will be in case of loss.
So the thing is how to avoid this?
Ans Is simple. When the price touches the bollinger band than wait for the next candle if it is opposite to the first one than enter the trade otherwise don't.
Here you can see.

See Enter at the red arrows(Sorry for my bad drawing) and don't enter at cross.I don't say it becomes perfect but i think risk is reduced.And the most important thing don't use this strategy in news time.

boss main to trading main abi newbie hon eis waja sa main boht zadsa trading to nahi kar rha hon or muja trading min boht zada experinced b e nahi ha esi waja sa muajja tradign main akfi kcuh learning kanra para rha ha us ka bad he amin achi ro best sa best trading kar skta hoon.

[king]

I'll start some powerful strategies in this forum

on this topic I will be trading strategy with Bollinger band indicator

I got this strategy from a friend of my country his name fofo and boa



kindest regard



milkhatun (cumil)

for me I do not utulise strategy many indicators because I just do not see the card that I can draw an indicator just by looking at the table and I know what is profitable and which are the indicator of the loss

[vbalan]

There is no technical trading strategy that works at news time. During news time all the technical strategy and indicators cannot predict the market and so are useless in news trading.

[shan]

maybe your strategy is quite profitable but some persons like me(as i am newbie) need more details and illustrations to comprehend the true nature of this business. i feel myself here to be more in need of enlightenment. please help me understand........

[lights]

I first use the BB as well, but the trading system does not suit me, because I have to constantly look at the chart to wait for the proper signal to open positions. therefore I no longer use the BB

[deepak]

l think it is not a safe strategy .if we will sell on upper line of BB what if a break out will happen .we cant always expect ti to refuse the resistant line right.l want to ask if what is your exit strategy,you will always need a set for stoploss since everything cant always go the way we expect.l think bollinger bands are good for breakoutstrategy.

[shankar_saha]

also smart friends,I am questioning the try what time-frame and the way the foremost appropriate in using this strategy?and how long you employ this system?

[Abidine]

you are definetly right this is a well organized and a good strategy, probably we shouldn't apply it on news time. if you entered that price will go against you and the result could probably be loss.it's important not to use this strategy in the news time.have a good day

[VS89494899]

one traders strategies doesnt always work with other traders. the trading technique is completely the belongings of the traders. an individual traders strategies should not be followed by other.

[jahangir2812]

I just run into the carefully thread that is started out simply by your one of several moderator. The actual carefully thread would be to aid rookies. it has some sort of candlestick design trading plus selling price action tactic. My business is unaware of in which. well i didn't remember the place where i go through. This will likely helps you to have more expertise seek in which carefully thread that is started out simply by mr. goerges.