What is Bollinger bands squeeze system
When Bollinger bands squeeze squeezing the bands, it usually means that a price breakout may occur. If the candles moves on the upper band , then it will probably become an upward move. And when the candlestick move down sharply on the lower band, it probably become a downward move.
Look at the chart above, then you know the price is squeezing the lines. The price has just started to kick over the top line. Where do you think that the price will move?
That's right, the price will rise. This is the type of Bollinger bands squeeze. This Bollinger bands forex indicator strategy is designed so you can make a move as early as possible to catch the trend. You can not use Bollinger bands squeeze every day, but you should find the right signal or the right conditions, try to use 15 minute chart.
Now you know what Bollinger bands is , and you can also know how to use the Bollinger bands squeeze. There are many Bollinger bands trading system out there, but this Bollinger bands squeeze Fore strategy system is the most common.
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Forex is simple follow the trend and you will rich.
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