Bollinger Band

Bollinger Band : Bollinger Band are a technical analysis tool  you could say  they are like trading band.. The 're two lines called  Upper and Lower  bands and the middle one is called Simple Moving average or  Standard Deviation.

      

                                             

                           

General thinking is that when a stock hits Upper band  one needs to Sell and when the stock hits Lower band one need to Buy. And as along as the stock is trading above the Green line (Standard Deviation ) one can can be bullish on the stock and once it breaks the line  we have to exit or take a shot positions.

I have explained in my video to what extend it is correct and also I have introduced the concept of  Two Bollinger Band Technic to  avoid losses and also to get more accurate results..

                                            

In theis video based on the Two Bollinger Band Technic I have given the trade which got triggered.. So if you have any doubts please  contact me  from contact us option..