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..
