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Bolinger Brand Strategy

Bollinger Brand Strategies (Part-2)

Bollinger Brand Strategies (Part-2)

 

 

Friends……. Thanks a lot for visit earnmoneyfx.com
earnmoneyfx.com research team suggest Bollinger Brand Entry Exit strategies as below,

1. Candlesticks Pattern with Bollinger Brand

 

2. Double Top Chart Pattern with Bollinger Brand

 

3. Double Bottom Chart Pattern with Bollinger Brand

 

4. Reversal or Counter Candlesticks with Bollinger Brand

 

5. Trend line Breakout with Bollinger Brand

 

6. Swing Trading with Middle Brand (20 Simple Moving Average) Bollinger Brand

 

7. 200 Simple Moving Average with Bollinger Brand

 

8. Walking with Bollinger Brand etc.

 

Bollinger Brand Entry Exit Strategy (Part -1) we have discussed about Candlesticks
Pattern with Bollinger Brand and Double Top Chart Pattern with Bollinger Brand.
If you missed it, Earnest request you to visit Bollinger Brand Entry Exit Strategy (Part -1) in
earnmoneyfx.com

This article earnmoneyfx.com research team try to cover another two strategies as below.

*** Double Bottom Chart Pattern with Bollinger Brand
*** Reversal or Counter Candlesticks with Bollinger Brand

Let’s explore both ……….

Double Bottom Chart Pattern with Bollinger Brand:

 

Image 1:

 

 

 

Double Bottom with Bollinger Brand Entry Exit Strategy

Image point number – 1, We see strong downtrend of price with Bollinger Lower Brand
and swing.

Image point number – 2, First bottom are created. Few candlesticks try to break first
bottom but failure. When price cross above Bollinger Middle Brand then we sure that its
first bottom.

Image point number – 3, There after a top has created which cross Bollinger Middle
Brand but failure to close above of Bollinger Middle Brand.

Image point number – 4, Now we are waiting for another bottom (First bottom higher or
lower whatever no matter). Here second bottom created.

Image point number – 5, There after price close above Bollinger Middle Brand which
confirm us that it’s second bottom.

Image point number – 6, Aggressive or conservative trader put their BUY STOP order 2
pips above of the Bollinger Middle Brand breakout candlesticks.

Image point number – 7, After hit BUY STOP order aggressive or conservative trader
place STOP LOSS 2 pips below of Bollinger Middle Brand breakout candlesticks. Few
traders place STOP LOSS 2 pips below of below of lower double bottom.

Image point number – 8, Conservative or aggressive place their take profit level on near
swing low or 1 : 2 or 1 : 3 risk reward ratio.

Reversal or Counter Candlesticks with Bollinger Brand:

Various types’ reversal candlesticks we have observe in chart. E.g. Bullish Engulfing,
Bearish Engulfing, Inside Bar, Harami, Morning Star, Shooting Star, Hammer, Dark
Cloud Cover, Piercing, Doji, Pin bar etc.

As below we discuss few reversal candlesticks entry exit strategy with details which have
eighty % success rate.
For your kind information all are demo tested by earnmoneyfx.com research team.
Let’s Enjoy……

INSIDE BAR: In shortly, Inside Bar is two candlesticks pattern where inside bar is smaller
than mother bar. E.g. Inside bar high and low is lower than mother bar.

 

Image 2:

 

 

Inside Bar Candlesticks with Bollinger Brand Entry Exit Strategy

 

Image point number – 1, Price has consecutively fall after Bollinger Upper Brand touched.

Image point number – 2, Previous few candlesticks fall down with Bollinger lower brand
touch. Suddenly bearish engulfing candlesticks created which close price is below Bollinger
lower brand.

Image point number – 3, After bearish engulfing candlesticks, an inside bar candlesticks
created which close price is also above Bollinger lower brand. Here inside bar is reversal
candlesticks. But we don’t trigger our entry here.

Image point number – 4, Aggressive trader put their buy stop order two pips above of the
inside bar. As a conservative trader we have to confirm. So we wait for mother bar break
out. Because few time inside bar unable to break mother bar. That’s time inside bar do not
act as a reversal candlesticks. Ultimately stop loss hit which affect our strategy success rate
and risk reward.

Image point number – 5, Aggressive trader put their stop loss 2 pips below of mother bar
candle. More aggressive trader put their stop loss 2 pips below of inside bar.

Image point number – 6, Conservative trader put their buy stop order two pips above of
the mother bar. When buy stop hit they put their stop loss 2 pips below of mother bar
candle.

Image point number – 7, Conservative or aggressive trader place their take profit level on
near swing High or 1 : 2 or 1 : 3 risk reward ratio.
Bearish Engulfing: In shortly, Bearish Engulfing candlesticks created when price up
consecutively. Bearish Engulfing pattern is opposite of Inside Bar pattern. Bearish
Engulfing is two candlesticks pattern where Bearish Engulfing is bigger than previous
candlesticks. E.g. Bearish Engulfing high and low is higher than previous candlesticks.

 

Image 3:

 

Bearish Engulfing Candlesticks with Bollinger Brand Entry Exit Strategy

 

Image point number – 1, Price has consecutively up after Bollinger Lower Brand touched.

Image point number – 2, Previous few candlesticks close above with Bollinger Upper
brand . Suddenly bearish engulfing candlesticks created which close price is below
Bollinger Upper brand.

Image point number – 3, Aggressive or Conservative trader put their sell stop order two
pips below of the bearish engulfing candlesticks.

Image point number – 4, Aggressive or Conservative trader put their stop loss order two
pips above of the bearish engulfing candlesticks.

Image point number – 5, Aggressive or Conservative trader place their take profit level on
near swing low or 1 : 2 or 1 : 3 risk reward ratio.

Bullish Engulfing: In shortly, Bullish Engulfing candlesticks created when price down
consecutively. Bullish Engulfing pattern is also opposite of Inside Bar pattern. Bullish
Engulfing is two candlesticks pattern where Bullish Engulfing is bigger than previous
candlesticks. E.g. Bullish Engulfing high and low is higher than previous candlesticks.

 

Image 4:

 

Bullish Engulfing Candlesticks with Bollinger Brand Entry Exit Strategy

 

Image point number – 1, Price has consecutively down after Bollinger Upper Brand
touched.

Image point number – 2, Few candlesticks later bullish engulfing candlesticks created
which close price is above Bollinger Lower brand.

Image point number – 3, Aggressive or Conservative trader put their buy stop order two
pips above of the bullish engulfing candlesticks.

Image point number – 4, Aggressive or Conservative trader put their stop loss order two
pips below of the bullish engulfing candlesticks.

Image point number – 5, Aggressive or Conservative trader place their take profit level on
near swing high or 1 : 2 or 1 : 3 risk reward ratio.
Pin Bar: In shortly, Pin Bar candlesticks created any where (price up or down
consecutively). Pin Bar is not doji. Pin bar has long tail where open and close is same or
near. Pin bar is single candlesticks pattern

Image 5:

Pin Bar Candlesticks with Bollinger Brand Entry Exit Strategy

 

Image point number – 1, Price has consecutively fall from Bollinger Upper Brand near.

Image point number – 2, Latter pin bar created which close price is above Bollinger
Lower brand.

Image point number – 3, Aggressive or Conservative trader put their buy stop order two
pips above of the pin bar candlesticks.

Image point number – 4, Aggressive or Conservative trader put their stop loss order two
pips below of the pin bar candlesticks.

Image point number – 5, Aggressive or Conservative trader place their take profit level on
near swing high or 1 : 2 or 1 : 3 risk reward ratio.
Doji: In shortly, Doji candlesticks created any where (price up or down consecutively).
Doji has small or medium tail where open and close is same or near. Doji is single
candlesticks pattern

 

Image 6:

 

Doji Candlesticks with Bollinger Brand Entry Exit Strategy

 

Image point number – 1, Price has consecutively fall from Bollinger Upper Brand near.

Image point number – 2, Latter doji candlesticks created which close price is above
Bollinger Lower brand.

Image point number – 3, Aggressive or Conservative trader put their buy stop order two
pips above of the doji candlesticks.

Image point number – 4, Aggressive or Conservative trader put their stop loss order two
pips below of the doji candlesticks.

Image point number – 5, Aggressive or Conservative trader place their take profit level on
near swing high or 1 : 2 or 1 : 3 risk reward ratio.

——- Thanks for give your valuable time to read this article ——–
(To be continued)

Check Also

Bollinger Brand Strategies (Part-8)

Bollinger Brand Strategies (Part-8)

Bollinger Brand Strategies (Part-8)     Friends……. A lot of thanks for visit earnmoneyfx.com As …

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