TP 50 pips of EURUSD M30 with color coded Bollinger bands(50,2).

In this video, DrGraph shared his study of trading EURUSD in 30 minute time frame with color coded Bollinger Bands for a 50 pips profit target. He used Forex Insight Pro 3.0 and set the Bollinger Band period to 50 and Standard Deviation to 2.0 and set the color of the middle band line so that it is blue when the middle BB value is increasing and pink when the value is decreasing. By looking at the color of the middle band and rough drawing of supply / demand lines, a small lot position can be entered based on the color of the middle BB line. Each entry should be set to take profit at EXACTLY 50 pips.

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nimit.chomnawang

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