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Forex :: Forex Basics :: Moving average
 

 Bollinger Bands as Support and Resistance.

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PostSubject: Bollinger Bands as Support and Resistance.   Bollinger Bands as Support and Resistance. I_icon_minitimeSat Aug 27, 2011 1:39 pm
Some traders draw straight lines connecting either tops or bottoms of prices to identify the upper or lower price extremes, respectively, and then add parallel lines to define the channel within which the prices should move.


Bollinger Bands as Support and Resistance. How_to_use_bollinger_bands_as_support_and_resistance__s_r__levels_
However, there is a major S / R method that incorporates none of the above – the Moving Average. Forex technicians use moving averages with support and resistance lines (Bollinger Bands) to anticipate the price action of a currency. More about Bollinger Bands as Support and Resistance levels >>>
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