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Many traders have asked me if I have a trading strategy that uses Bollinger bands. And this is what I’m going to show you here. I like this strategy because it uses a confluence of factors to create signals, which means that the signals are higher probability. Please watch til the end of the video, as I build on the strategy to give you a well-rounded and refined version of the strategy with tips to make it work even better. 🔔 Remember to subscribe and hit the notification button 🔔 to gain access to exclusive insights on risk management, risk-reward ratios, and stop-loss strategies. Join us on our journey to 1000 subscribers for specialised content! Join the Discussion Share your trading experience and engage with the trading community in the comment section below to enrich your trading knowledge. -------------------------------------------------------------------- TIMESTAMPS 0:00 Introduction 0:47 Set up the Bollinger bands 1:26 How Bollinger bands work 2:10 Set up the RSI 2:28 How the RSI works 2:55 Mean reversion 3:28 Trading strategy rules - Using BBs and the RSI 4:02 Still getting false signals? 4:19 Divergences 4:34 Long trade example 5:07 Short trade example 5:31 Thanks for watching Join us on our social media channels: FxScouts on Facebook: https://t.ly/CAjgH FxScouts on Instagram: / fxscouts FxScouts on LinkedIn: / fxscouts https://fxscouts.com/ DISCLAIMER: 75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and whether you can afford the high risk of losing money. Any information discussed here is solely for educational and informational purposes and should not be considered tax, legal or investment advice.