A swing trading strategy to use on a 4 hr timeframe. We need to use Bollinger Bands set on a 20 period, 2 standard deviation which will act as the trigger for the trade. We can use it on the major forex pairs. The idea of bollinger bands is that as price touches the upper bollinger that generally would put the breaks on the move. If it touches the lower bollinger it would put the breaks on the move to the downside. It doesn’t always work like that so you have to be careful how to use it. Why does this trading strategy work? Its all based on demand and supply and a change in sentiment.
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