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How to use Bollinger Bands when trading the markets
EXPLOSIVE moves: everyone wants to be part of them, but how can we detect them before it’s too late? A basic indicator which is standard on most systems are Bollinger Bands. Loading this indicator for a FX pair like euro-dollar will show you the 20 day moving-average and the standard deviation of price over the same period. The standard deviation will be shown as two lines, one above and one below the current 20 day…
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