Spot gold brush list technique three: Bollinger band brush list method

In the spot gold brush billing technique, the Bollinger band billing method occupies an extremely important position. Compared with the EMA brush list method previously mentioned by Tian in April, the Bollinger band brush list method is easier to identify and operate, and the success rate is also extremely high.

Not only that, some routine applications of Bollinger Bands can also obtain a higher accuracy rate, this is because its own design principles are very suitable for market trading psychology. The following is a detailed explanation of the Bollinger band method of spot gold brushing.

The principle of the Bollinger Bands technique of spot gold brushing

The design principle of Bollinger Bands is based on the standard deviation in statistics and consists of three tracks, namely the upper track, the middle track, and the lower track. Under normal circumstances, the price of gold will travel in a band zone composed of upper and lower tracks, and automatically adjust the position of the track as the price changes.

The main points of the judging market of the Bollinger bands of the spot gold brushing technique.

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The important use of Bollinger Bands is to effectively distinguish the specific period of the market, especially the direction. This is extremely important for trend trading and short-term trading, and can effectively improve the winning rate of a single transaction.

1. The three-track narrowing level operates, and the gold price is in a volatile trend, but the market will open unilaterally at any time;

2. The third rail runs upwards, the price is above the middle rail of the Bollinger Bands, and the gold price is rising unilaterally;

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3. The third track runs downward, the price is below the Bollinger Band middle track, and the gold price is rising unilaterally.

What needs to be warned here is not to consider the price of continuous fluctuations between the upper and lower rails of the Bollinger Bands as the basis for long and short conversion in the volatile market. If you cannot judge from the shape of the Bollinger Bands, please refer to other technical indicators such as the moving average.

Spot gold brush list skills of conventional Bollinger band brush list method

The conventional Bollinger band brushing method is mainly derived from the above Bollinger band market judgment, which is very easy to understand and highly operable:

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In the shock market, because the price is always wrapped between the upper rail and the lower rail, we normally take short near the upper rail and leave near the lower rail; do more near the lower rail and leave near the upper rail.

In the unilateral upward movement, because the price always breaks back near the middle rail and then continues to break high, we normally take a step back near the middle rail to go long or add long positions, and then break the middle rail to leave the market.

In the unilateral downtrend, because the price always continues to break down near the middle rail, we normally take a short or short position near the middle rail, and break out of the middle rail.

The above is the entire content of Tian April's Bollinger Bands on the spot gold brushing technique, which is very effective in actual trading. But even so, it is recommended that you use this as a reference and add more rewinds so that you can get through. For more spot gold brushing tips, please continue to follow Tian April blog. You are also welcome to criticize, correct or add.