Bollinger Band Day Trade Strategy
Bollinger Bands are a popular strategy, and like any strategy, entries and exits are the biggest part of a successful trade.
I have signal alerts programmed to let me know when the 4hr Bollinger band gets hit by price movements, and I will activate a "scalp" Day Trade when price taps the band. My target is typically a mid-point reversion, or based on PA (price action) levels.
I have signal alerts programmed to let me know when the 4hr Bollinger band gets hit by price movements, and I will activate a "scalp" Day Trade when price taps the band. My target is typically a mid-point reversion, or based on PA (price action) levels.
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We tapped the lower boundary of the BB on 6 Nov, and price immeadiately pumped from there!
All targets reached (we hit the mid point very quickly, and even pumped out of the top of the band)
All targets reached (we hit the mid point very quickly, and even pumped out of the top of the band)