The Simple Way to Trade with Bollinger Bands

By Staff Writer, OptionPub.com

March 24, 2016

A Low Risk, High Probability Trade

How do you know if a stock is worth buying?

This is the question that Roger answered in a new strategy video (below)

Roger has been trading for over 20 years and has traded everything from stocks and options to futures and forex.

He has been having a lot of success with his trades lately and swears by certain strategies. His strategies are always widely successful and we couldn't pass up the opportunity to share one of them with you.   

Roger uses Bollinger Bands to find low risk pullback trades that yield high probability profit potential.

Bollinger Bands will find the nexus between the long term trend and the short term trend. The nexus provides the lowest risk opportunities that many traders have trouble pinpointing.

Whenever price action trades below the 10 period Bollinger Bands, low risk entry opportunities will be identified as long as the main trend is bullish.

The strategy will work the same to the longside and short-side.

The Bollinger Bands strategy needs a strong long term trend and a sector trading above the 200 day moving average in order to identify the pullback.

Ultimately, if the price breaks previous lows and doesn’t head higher then the trade might be a reversal or it may fizzle out which would make it not a true pullback.

Watch Roger Scott's Video

Interested in learning more techniques like this from Roger? Roger is currently hosting a free video web series that covers topics such as how he got into trading and how he grows his account.

You don’t want to miss this opportunity to learn from Roger as part of his most elite options trading academy.



Visit Roger Scott's Most Elite Options Trading Academy Here!

ABOUT THE AUTHOR

This article supplied courtesy of OptionPub.com

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