BBMA FULL MARGIN SWING STRATEGY
BBMA STRATEGY is once of the best strategy currently in forex,BBMA means combination of bolinger bands and moving average
This is the strategy developed by omma ally who made a clear combination off two indicators BOLINGER BAND and Moving average ,It is mostly used in Malaysia where most people use it as the only strategy in trading
Bolinger band works under The reality that it brackets The trend off the market and hence candlesticks tend To move within The range of BOLINGER BAND
BOLINGER BAND IS DIVIDED into main three parts
1)Top Bollinger band
2)Mid bollinger band
3)low bollinger band
Shortly all those three bands work as the support and resistance depending on you the position of the current price either above or below ,For example when the current price is below Top BB,then Top bb acts as the resistance and when above it SUPPORT ,This work the same in other bands
In this strategy there is also Moving average which shows direction of the trend ,moving average MA are classified depending on their period but distinguished from one another using colours or style
Listen This video for full details
No comments