Hey, im new in this forum. What is the best time frame for me to use if I were to have a bollinger band indicator?
Daily chart… remember BB are used to assess volatility, NO direction
Lets say if I were a swing trader? Do I use the daily chart as well?
ogy,
Using Bolls Bands can be tricky, I would suggest you read John Bollinger’s book “Bollinger on Bollinger Bands” before using them trading with real money.
Unfortunately a lot of the information you find on the internet on the bolls bands is misleading. I’ve used them for years and they can be a valuable tool but only when you use them correctly.
good luck!
What indicators would you suggest me to use? I’ve been using moving averages. Waiting for the line to cross but most of the time the candlesticks movement is much more faster. So I always tend to go in the trade late, be it buy or sell.
I had the same question when i started my forex.But I am very happy that i found BJF Trading Group indicators,Have been using it for last 2 years now.So,far it has been good.
I will recommend you to try it.