Trading using EMA and bollinger bandsMany a times when you are trading you,ll observe that market keeps moving in tight range..The candles on 5 min chart become smaller and smaller..If you draw bollinger bands on the chart, they will become tighter and tighter..This generally happens between 6 PM EST to 12 PM EST as the volatility is very low..One can take advantage when this happens using a particular forex day trading system. Since the market is in a tight range, a breakout will probably happen very soon..Learn this in forex trading onlineDuring breakout, the candlestick will break through upper or lower bollinger band..When that happens, you should get ready to place a trade whenever your confirming indicator confirms..
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