4 Rules For Using THE Most Useful Technical Indicator, Double Bollinger Bands

From anyoption.com

n her new book, The Little Book of Currency Trading, renowned forex analyst Kathy Lien writes: Of the hundreds f technical indicators out there, the Double Bollinger Bands are hands down my favorite…they provide a wealth of actionable information. They tell me whether a currency pair is in a trend or range, the direction of the trend, and when the trend has exhausted. More importantly, Bollinger Bands also identify entry points and proper places to put a stop. While Ms Lien refers above to currency trading, her words apply to any other major financial asset to which technical analysis is applied. Here’s a short ... (full story)