As one the most useful technical indicators, Bollinger bands are vital to many technically oriented forex traders. By extending their functionality through the use of Bollinger bands, traders can achieve a greater level of analytical performance using this simple yet elegant tool for both their trending and fading strategies.
One of the key features of the Forex market is the opportunity to trade around-the-clock, 24 hours a day. As an international market that has no central market location there are forex traders constantly available in all time zones, at all times, who are ready to immediately execute a trade and thus enable you to enter or exit the market. The forex market is divided into four regional trading sessions: Asian, European, American and the Pacific. Each market session has its own trading period and unique characteristics. You should be aware of these differences as they can be critical to your trading performance. Read more
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