Trading
The Bollinger Bands Trading Strategy Guide
By InvestingNote  •  April 26, 2022
Here’s the thing: Many new traders think they need more indicators to be a consistently profitable trader. But the truth is… It doesn’t work that way.Imagine this: The price is above the 20 period MA but RSI is showing the market is overbought. At the same time, the ADX indicator is at 25 which shows a non-trending market. So, which do you follow? Now you’re stuck, right? Well, the good news is… Bollinger Bands can help you overcome this issue — and much more. This post was originally posted here by Rayner Teo, independent trader and an ex-prop trader. He is also the founder of TradingwithRayner.com and is the most followed trader in Singapore with more than 41,000 traders reading his blog each month. He has more than 1,000 followers in InvestingNote. That’s why I’ve created this Bollinger Bands trading strategy guide to show you how useful this indicator is and what it can do for your trading....
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By InvestingNote
InvestingNote is Singapore’s first & largest community-driven platform where investors and traders from all levels connect and share ideas with one another.
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