In this tutorial we have learned about Bollinger Band trading concept.
When the price is above the 20 MA always think about buying the call/futures or selling the put options. When the price is below the 20 MA always think about buying the put and selling the futures/call options.
If the 20 MA is flat - Sideways Market If the 20 MA is upwards - Bullish (Trending market ) If the 20 MA is downwards - Bearish (Trending market )
If the Bollinger Band is compressing then the market is ready for a blast in the either side (upwards/downwards)
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.