Bollinger Band deviation strategy

Dear traders,

this strategy is very simple and very effective. It relies on the bollinger band for the definition of an entry and exit point. First of all choose whatever currency you want, I will open GBP/USD in my chart, then choose the 4hours period, insert the bollinger band(20) then insert the Zig Zag indicator. Draw a line from the lower Zig Zag point to the deviation angle of the Bollinger Band. If the price went down or UP and the BB make a sharp deviation, so an entry point is defined. We open a trade at the point where the BB deviated. We still need a good place to exit. We exit the trade at the candle where the bollinger band intersects the Break line.

You can check this strategy by watching its video at:
http://www.rpchost.com/Forex-strategies.aspx

Regards
Rpchost.com