This morning’s better-than-expected US August payroll report reinforced the risk on theme that has driven trading in the back half of the week. US equity futures and European markets surged in the wake of the reading while yields on key government ……
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Bollinger Bands have long been one of the most popular technical indicators across financial markets, and many forex traders use them regularly in their day-to-day trading. The key question to ask of any forex analysis technique is nonetheless clear: how effective is the Bollinger Bands indicator as a forex strategy? This article will take a closer look at one key Bollinger Band trading strategy on several forex pairs and explores one way to improve its effectiveness.

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