[Video] Simple method to effectively utilize Bollinger Band rebounds [Tomoki Kuramoto]
I asked Shinmei Kuramoto Tomoaki, a calligraphy trader, to explain a method that treats a rebound from the Bollinger Bands as the start of a trend and rides the move. The tool used is only Bollinger Bands, and the thinking is simplified to the extreme, making it a concept that can be applied in many situations regardless of currency pair or timeframe. (Interview: Editorial Department, Shikanai)
What you can learn from this video
In this video, you will learn the following:
- Revealed Bollinger Bands settings
- Timeframes and currency pairs where this method can be used
- Effective use of 2σ rebounds
- Squeeze and expansion
- Take profit and stop loss rules
● Video: 6 minutes 58 seconds
Profile of Shinmei Kuramoto
A calligraphy trader who finds artistic elements such as balance of characters, nuances of strokes, size of characters, and use of page margins to be shared with the chart structure, drawing parallels between calligraphy and chart formation.
A word from the supervising editor, Shikanai
We had the opportunity to have this very well-known concept—trading based on rebounds from Bollinger Bands’ ±2σ—explained in an actual video. It’s immediately usable, and you can further enhance it by adding another indicator to create an even stronger method.
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