Bollinger Bands (technical analysis tools) are created by John Bollinger and used to measure market volatility (sometimes used for scalping strategy) because they adjust to market conditions. Traders use the bands to confirm trends, market range top, and bottom.

Bollinger bands can confirm the range of price action and they don’t lag like other indicators. They simply define the path of price action. The center line at the middle of the Bands is a 20-period moving average. It is also unique among moving average periods.

Volatility

In the time of volatility and when there is a strong trend, (when price breaks out of a range) market price will spike through the Outer Bands and lap with it vertically (this is known as Riding the bands). At this point, scalpers come in for some few pips.
BOLLINGER BAND

Consolidation

In the time of consolidation (Bollinger squeeze), the market price ranges from one Outer Bollinger Band to another. Price moves from upper band to the lower band and vice versa. Scalpers enter sell trades at the upper band and enter buy trade at the lower outer band.

Price Rejection (Spikes)

Price Rejection occurs on the Outer band sometimes, especially when price spikes out of the Bollinger Band and forms a wick across the Outer line externally. Scalpers benefit from this type of spike as price may either reverse the trend or continue the trend.

Spikes normally occur after the release of a high impact news. It occurs when the market buys the rumor and sells the fact shortly after. Price rejection also occurs when the real facts about the news release or economic data release (fundamentals) change market sentiment.

Scalpers hunt for spikes at the top of every time change on the chart. Swing traders hunt for spikes at the top of higher time frames (4hr, daily). While position traders hunt for spikes at the top of the highest time frames (weekly, monthly).

Market price is said to be overbought when it continually touches the upper Bollinger Band. Price is oversold when it continually touches the lower Bollinger Band.

Click here to read on how to scalp.

BOLLINGER BAND2
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BOLLINGER BAND3
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Practically, here is the short video of compiled screenshots of catching a spike out of Bollinger Bands. The idea is, as price breakout of the Outer Band, it is rejected at some point, (and at the point of rejection, spike catchers hop in for a ride – few pips (between 2 to 10 pips) are booked quickly with fast fingers).

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Bollinger

Bollinger

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DAILY TOKYO SESSION TRADE IDEA

Check this section for spike signal update

SCOPE FOR 24TH SEPTEMBER 2018 (FRI 22:05 GMT): The following pairs are currently forming spikes out of Bollinger Outer bands. Signaling a SELL or BUY: EURUSD, AUDUSD, NZDUSD (buy signal) GBPUSD (bearish pin bar), EURNZD, EURAUD, USDCAD, GBPAUD, GBPCAD (sell signal) see Weekly chart for more details. USDCHF (bullish pin bar) GBPUSD, NZDUSD (buy signal) GBPAUD, CADCHF, GBPCAD, GBPJPY, CHFJPY, NZDJPY(bearish pin bar), CADJPY (sell signal) see Daily chart for more details. USDCHF (buy signal) EURAUD (sell signal) see 4 hours chart for more details.

SCOPE FOR 21ST SEPTEMBER 2018 (THUR 21:08 GMT): The following pairs are currently forming spikes out of Bollinger Outer bands. Signaling a SELL or BUY:  AUDUSD, NZDUSD, EURNZD, EURAUD, GBPAUD, EURCHF, EURCAD, GBPCAD, EURJPY, GBPJPY, NZDJPY, AUDJPY (buy signal)  GBPCHF, CADCHF (sell signal) see Daily chart for more details. Also EURCAD (buy signal) see 4hr chart for more details

SCOPE FOR 20TH SEPTEMBER 2018 (WED 21:08 GMT): The following pairs are currently forming spikes out of Bollinger Outer bands. Signaling a SELL or BUY:  USDCHF, AUDUSD, NZDUSD, CADCHF, AUDCHF, AUDJPY, NZDJPY, CADJPY (buy signal)  EURNZD, EURAUD, GBPAUD, GBPUSD (doji) GBPJPY, EURJPY, CHFJPY (sell signal) see Daily chart for more details. Also AUDNZD (buy signal) USDCAD, EURCHF  (sell signal) see 4hr chart for more details

SCOPE FOR 19TH SEPTEMBER 2018 (TUE 21:14 GMT): The following pairs are currently forming spikes out of Bollinger Outer bands. Signaling a SELL or BUY: AUDCHF, AUDJPY, NZDJPY (buy signal)  USDCAD, EURAUD, GBPAUD, EURCAD (sell signal) see Daily chart for more details. Also AUDNZD, GBPCHF (buy signal)  EURGBP (sell signal) see 4hr chart for more details

SCOPE FOR 18TH SEPTEMBER 2018 (MON 21:48 GMT): The following pairs are currently forming spikes out of Bollinger Outer bands. Signaling a SELL or BUY: EURCAD (buy signal) CADCHF, USDJPY, CADJPY, AUDJPY, EURJPY (sell signal) see Daily chart for more details. Also USDCAD, NZDCAD, GBPCAD (buy signal) AUDUSD, CHFJPY (sell signal) see 4hr chart for more details

SCOPE FOR 17TH SEPTEMBER 2018 (SAT 18:50 GMT): The following pairs are currently forming spikes out of Bollinger Outer bands. Signaling a SELL or BUY: GBPJPY, CHFJPY, EURJPY, USDJPY, GBPUSD (buy signal) USDCAD, EURAUD, GBPCAD, EURCAD, USDCHF (sell signal) see Weekly chart for more details. CHFJPY (buy signal) GBPUSD, EURUSD, AUDUSD, NZDUSD, EURGBP, AUDNZD, EURCHF, EURJPY, AUDJPY, AUDCHF, CADCHF (sell signal) see Daily chart for more details. USDCHF (buy signal) EURAUD, AUDUSD, NZDUSD, EURGBP, AUDNZD, EURNZD, EURCHF, EURCAD, NZDCAD, AUDCAD (sell signal) see 4 hours chart for more details.

SCOPE FOR 14TH SEPTEMBER 2018 (THUR 21:25 GMT): The following pairs are currently forming spikes out of Bollinger Outer bands. Signaling a SELL or BUY:  CADJPY, AUDJPY, GBPCHF, EURAUD, GBPAUD (buy signal) AUDCHF (sell signal) see Daily chart for more details. Also GBPAUD (buy signal) AUDUSD, AUDNZD (sell signal) see 4hr chart for more details.

SCOPE FOR 13TH SEPTEMBER 2018 (THUR 7:47 GMT): The following pairs are currently forming spikes out of Bollinger Outer bands. Signaling a SELL or BUY: EURUSD, AUDUSD, NZDUSD, AUDCHF, AUDCAD, NZDCAD, EURJPY, NZDJPY, CADJPY (buy signal) USDCHF, USDCAD, EURNZD, EURAUD, GBPAUD, EURCAD (sell signal) see Daily chart for more details.

SCOPE FOR 12TH SEPTEMBER 2018 (TUE 21:26 GMT): The following pairs are currently forming spikes out of Bollinger Outer bands. Signaling a SELL or BUY: AUDUSD, NZDUSD, EURGBP, CADCHF, CADJPY (buy signal) EURAUD, GBPAUD, GBPCAD, NZDCAD (sell signal) see Daily chart for more details.

SCOPE FOR 11TH SEPTEMBER 2018 (MON 21:55 GMT): The following pairs are currently forming spikes out of Bollinger Outer bands. Signaling a SELL or BUY: USDCHF, GBPUSD, GBPJPY, CADJPY (buy signal) USDCAD (bearish pin bar), CHFJPY (sell signal) see Daily chart for more details. Also USDJPY (sell signal) see 4hr chart for more details.

SCOPE FOR 10 SEP 2018 (SUN 20:47 GMT): The following currency pairs are currently forming spikes out of Bollinger Outer bands. Signaling a SELL or BUY: EURNZD, EURAUD, GBPCAD (buy signal) EURGBP, AUDNZD, CADCHF, NZDCHF, AUDCHF, EURJPY, AUDJPY, CADJPY (sell signal) see Weekly chart for more details. GBPAUD, CADCHF (buy signal) GBPUSD, NZDCHF, AUDCHF, EURCAD, GBPCAD, AUDJPY (sell signal) see Daily chart for more details. Also EURAUD, GBPCHF, NZDCHF (sell signal) see 4hr chart for more details.

SCOPE FOR 7TH SEPTEMBER 2018 (THUR 22:21 GMT): The following pairs are currently forming spikes out of Bollinger Outer bands. Signaling a SELL or BUY: GBPUSD, NZDUSD (buy signal) USDJPY, EURJPY, USDCAD, GBPCAD, EURCAD, AUDCAD (sell signal) see Daily chart for more details. Also AUDNZD (buy signal) GBPJPY (sell signal) see 4hr chart for more details.

SCOPE FOR 6TH SEPTEMBER 2018 (WED 21:55 GMT): The following pairs are currently forming spikes out of Bollinger Outer bands. Signaling a SELL or BUY: EURUSD, NZDUSD, EURCHF, NZDCAD, EURJPY, CHFJPY (buy signal) AUDNZD, EURNZD (sell signal) see Daily chart for more details. Also AUDUSD (buy signal) see 4hr chart for more details.

SCOPE FOR 5TH SEPTEMBER 2018 (TUE 21:45 GMT): The following pairs are currently forming spikes out of Bollinger Outer bands. Signaling a SELL or BUY: EURCHF, GBPCHF, AUDCHF, NZDCAD, AUDCAD, GBPJPY, EURJPY (buy signal)  see Daily chart for more details. Also EURUSD, GBPJPY, EURJPY, CADJPY (buy signal) USDCHF (sell signal) see 4hr chart for more details.

SCOPE FOR 4TH SEPTEMBER 2018 (MON 22:13 GMT): The following pairs are currently forming spikes out of Bollinger Outer bands. Signaling a SELL or BUY:  AUDUSD, AUDCHF, AUDCAD, AUDJPY (buy signal) USDCAD, AUDNZD, GBPAUD (sell signal) see Daily chart for more details.

PLEASE NOTE: LATEST DAILY SIGNAL REPORT WILL NOW BE UPDATED AT THE TOP OF SIGNAL SECTION GOING FORWARD!

PLEASE NOTE: LATEST DAILY SIGNAL REPORT WILL NOW BE UPDATED AT THE TOP OF SIGNAL SECTION GOING FORWARD!

20TH JUNE 2018: The following currency pairs have spikes out of Bollinger Outer bands. Signaling a SELL or BUY: AUDUSD, GBPAUD, AUDJPY, AUDNZD. Other pairs with spikes are AUDCHF, AUDCAD.

AUDCAD: Yesterday’s pin bar is pushing price up…0.9900 in sight (see daily chart).

21ST JUNE 2018: The following currency pairs have spikes out of Bollinger Outer bands. Signaling a SELL or BUY: AUDJPY, EURAUD, GBPUSD and AUDUSD. (see daily chart).

22ND JUNE 2018 (22:35 GMT): The following currency pairs have spikes out of Bollinger Outer bands. Signaling a SELL or BUY: EURUSD, EURGBP, USDCHF, GBPAUD and EURCAD. (see 4hr chart). Also GBPUSD, GBPCAD GBPCHF, NZDUSD and AUDUSD (see daily chart)

RESULTS 20TH – 22ND JUNE 2018

 

25TH JUNE 2018: The following currency pairs are currently forming spikes out of Bollinger Outer bands (daily chart) and might signal SELL or BUY scalp or swing trades at the early part of Tokyo session: CADJPY, GBPCAD, AUDCAD, USDCAD, NZDUSD and AUDUSD. On the 4hr chart, we have the following pairs: USDCHF, AUDCAD and CADCHF.

26TH JUNE 2018 (23:28 GMT): The following currency pairs have spikes out of Bollinger Outer bands. Signaling a SELL or BUY: USDCAD, GBPCHF, GBPCAD, and EURCAD (see Daily chart). Also EURJPY (see 4hr chart).

27TH JUNE 2018 (20:10 GMT): The following currency pairs are currently forming spikes out of Bollinger Outer bands. Signaling a SELL or BUY: AUDCAD, EURAUD, GBPCAD, and CADCHF (see Daily chart). Also USDCHF, EURCHF, CADCHF, GBPCAD, AUDNZD, USDJPY, GBPUSD and NZDUSD (see 4hr chart).

28TH JUNE 2018 (21:40 GMT): The following currency pairs are currently forming spikes out of Bollinger Outer bands. Signaling a SELL or BUY: AUDUSD, USDCHF and NZDUSD (see Daily chart). Also USDJPY, USDCHF, USDCAD, NZDUSD, GBPCAD, EURCAD, CADCHF and AUDCAD (see 4hr chart).

29TH JUNE 2018 (20:28 GMT): The following currency pairs are currently forming spikes out of Bollinger Outer bands. Signaling a SELL or BUY: USDCAD and AUDUSD (see Weekly). GBPJPY, EURGBP, AUDCAD and NZDJPY (see Daily chart). Also CADCHF, GBPJPY, EURGBP, USDCAD and AUDCAD (see 4hr chart).

RESULTS 20TH – 22ND JUNE 2018

Bollinger results

SCOPE FOR 2ND JULY 2018 (20:10 GMT): The following currency pairs are currently forming spikes out of Bollinger Outer bands. Signaling a SELL or BUY: CADCHF, GBPJPY, USDCAD, AUDUSD and EURUSD  (see Weekly). NZDJPY, GBPJPY, EURGBP, AUDCAD, USDJPY, NZDUSD and GBPUSD (see Daily chart). Also EURCHF, EURAUD, AUDJPY and USDJPY (see 4hr chart).

SCOPE FOR 3RD JULY 2018 (19:31 GMT): The following currency pairs are currently forming spikes out of Bollinger Outer bands. Signaling a SELL or BUY: EURGBP, AUDNZD and USDJPY (see Daily chart). Also USDCHF, NZDJPY, GBPAUD, AUDCAD, NZDUSD, AUDUSD, GBPUSD and EURUSD (see 4hr chart).

SCOPE FOR 4TH JULY 2018 (20:01 GMT): The following currency pairs are currently forming spikes out of Bollinger Outer bands. Signaling a SELL or BUY:  AUDNZD, EURGBP, USDCAD, USDJPY, NZDUSD and AUDCAD (see Daily chart). Also GBPAUD, AUDNZD and EURJPY (see 4hr chart).

SCOPE FOR 5TH JULY 2018 (19:50 GMT): The following currency pairs are currently forming spikes out of Bollinger Outer bands. Signaling a SELL or BUY: EURGBP, AUDCAD, AUDNZD, NZDUSD and USDJPY (see Daily chart). Also EURCHF, GBPJPY, GBPCHF, GBPAUD, GBPCAD, GBPUSD and EURAUD (see 4hr chart).

SCOPE FOR 6TH JULY 2018 (20:26 GMT): The following currency pairs are currently forming spikes out of Bollinger Outer bands. Signaling a SELL or BUY: AUDNZD, NZDUSD and GBPUSD (see Daily chart). Also EURCHF, GBPJPY and EURUSD (see 4hr chart).

RESULTS 2ND – 6TH JULY 2018

Bollinger

SCOPE FOR 9TH JULY 2018 (19:48 GMT): The following currency pairs are currently forming spikes out of Bollinger Outer bands. Signaling a SELL or BUY: AUDUSD, NZDUSD, USDCAD, AUDNZD, AUDCAD, GBPJPY, NZDJPY and CADCHF (see Weekly). Also EURUSD, EURJPY and USDCHF (see 4hr chart).

SCOPE FOR 10TH JULY 2018 (MON 19:00 GMT): The following currency pairs are currently forming spikes out of Bollinger Outer bands. Signaling a SELL or BUY: GBPAUD, AUDCAD, AUDCHF, AUDJPY and USDCHF (see Daily chart). Also GBPAUD, EURGBP, USDJPY, EURUSD and CADCHF (see 4hr chart).

SCOPE FOR 11TH JULY 2018 (TUE 20:34 GMT): The following currency pairs are currently forming spikes out of Bollinger Outer bands. Signaling a SELL or BUY: USDJPY, EURAUD, EURJPY and USDCHF (see Daily chart). Also USDJPY, EURAUD, GBPJPY and USDCHF (see 4hr chart).

SCOPE FOR 12TH JULY 2018 (WED 20:20 GMT): The following currency pairs are currently forming spikes out of Bollinger Outer bands. Signaling a SELL or BUY: EURCHF (see Daily chart). Also GBPJPY and AUDCAD (see 4hr chart).

SCOPE FOR 13TH JULY 2018 (THUR 19:20 GMT): The following currency pairs are currently forming spikes out of Bollinger Outer bands. Signaling a SELL or BUY: NZDJPY (buy signal) (see Daily chart). Also  AUDJPY, GBPJPY and EURJPY (buy signal for all) (see 4hr chart).

RESULTS 9TH – 13TH JULY 2018

Bollinger

SCOPE FOR 16TH JULY 2018 (FRI 19:45 GMT): The following currency pairs are currently forming spikes out of Bollinger Outer bands. Signaling a SELL or BUY: EURAUD (sell signal), GBPJPY, EURJPY, , GBPCHF, CADCHF (buy signal) see Weekly chart for more details. USDJPY, CADCHF, USDCHF (sell signal), GBPUSD, GBPAUD, EURUSD (buy signal) see Daily chart for more details. Also USDJPY, AUDCAD, GBPCHF (sell signal) GBPUSD, AUDUSD, AUDJPY, EURGBP, GBPAUD, GBPJPY, NZDJPY (buy signal) see 4hr chart for details.

SCOPE FOR 17TH JULY 2018 (MON 20:21 GMT): The following currency pairs are currently forming spikes out of Bollinger Outer bands. Signaling a SELL or BUY: USDJPY, GBPJPY, AUDJPY (sell signal),  USDCAD, EURAUD (buy signal) see Daily chart for more details. Also CADCHF (sell signal) AUDCAD (buy signal) see 4hr chart for details.

SCOPE FOR 18TH JULY 2018 (TUE 22:07 GMT): The following currency pairs are currently forming spikes out of Bollinger Outer bands. Signaling a SELL or BUY: USDCAD, EURJPY, GBPAUD (buy signal) see Daily chart for more details. Also AUDUSD, EURCHF, EURJPY, GBPCHF, GBPUSD, GBPJPY, NZDJPY (buy signal) see 4hr chart for details.

SCOPE FOR 19TH JULY 2018 (WED 20:21 GMT): The following currency pairs are currently forming spikes out of Bollinger Outer bands. Signaling a SELL or BUY: EURUSD, CADCHF, AUDJPY, AUDUSD (buy signal) USDCHF, EURAUD, USDCAD, USDJPY (sell signal) see Daily chart for more details. Also GBPAUD, GBPCHF, GBPJPY, AUDNZD, GBPUSD (buy signal) EURGBP, USDCAD (sell signal) see 4hr chart for details.

SCOPE FOR 20TH JULY 2018 (THUR 19:52 GMT): The following currency pairs are currently forming spikes out of Bollinger Outer bands. Signaling a SELL or BUY:  USDCAD, GBPAUD, GBPUSD, EURUSD (buy signal) EURGBP,  EURJPY, NZDJPY, AUDJPY (sell signal) see Daily chart for more details. Also EURJPY, AUDUSD, NZDUSD, CADCHF (buy signal) see 4hr chart for details.

RESULTS 16TH – 20TH JULY 2018

Bollinger

SCOPE FOR 23RD JULY 2018 (FRI 20:34 GMT): The following currency pairs are currently forming spikes out of Bollinger Outer bands. Signaling a SELL or BUY:  EURGBP, USDJPY (sell signal) see Weekly chart for more details. NZDUSD (buy signal) , EURGBP, USDCAD (sell signal) see Daily chart for more details. Also AUDCAD, GBPCAD, USDCHF, USDJPY (buy signal) EURUSD (sell signal) see 4hr chart for details.

SCOPE FOR 24TH JULY 2018 (MON 22:47 GMT): The following currency pairs are currently forming spikes out of Bollinger Outer bands. Signaling a SELL or BUY:  USDJPY (buy signal) EURGBP, USDCAD (sell signal) see Daily chart for more details. Also, GBPCAD,  (buy signal) see 4hr chart for details.

SCOPE FOR 25TH JULY 2018 (TUE 19:56 GMT): The following currency pairs are currently forming spikes out of Bollinger Outer bands. Signaling a SELL or BUY:  GBPCHF, AUDJPY (buy signal) EURAUD, EURGBP,  (sell signal) see Daily chart for more details. Also, AUDJPY  (buy signal) see 4hr chart for details.

SCOPE FOR 26TH JULY 2018 (WED 20:18 GMT): The following currency pairs are currently forming spikes out of Bollinger Outer bands. Signaling a SELL or BUY:  AUDCHF, EURCHF, NZDJPY, EURJPY (buy signal) GBPAUD (sell signal) see Daily chart for more details. Also, AUDCAD, USDJPY, EURJPY (buy signal)  CADCHF  (sell signal) see 4hr chart for details.

SCOPE FOR 27TH JULY 2018 (THUR 20:03 GMT): The following currency pairs are currently forming spikes out of Bollinger Outer bands. Signaling a SELL or BUY:  EURGBP, USDCAD (buy signal) CADCHF (sell signal) see Daily chart for more details. Also EURUSD, EURCHF, EURJPY (buy signal) see 4hr chart for details.

RESULTS 23RD – 27TH JULY 2018

Bollinger

 

SCOPE FOR 30TH JULY 2018 (FRI 20:01 GMT): The following currency pairs are currently forming spikes out of Bollinger Outer bands. Signaling a SELL or BUY:  GBPCAD, USDCAD, USDJPY, EURJPY, GBPJPY (sell signal) see Weekly chart for more details. EURGBP, NZDJPY, EURJPY, EURUSD, AUDCAD, GBPCAD (buy signal) , GBPJPY, CADCHF, USDCHF (sell signal) see Daily chart for more details. Also EURJPY, EURUSD, AUDCAD (buy signal) USDCHF (sell signal) see 4hr chart for details.

SCOPE FOR 31ST JULY 2018 (MON 21:20 GMT): The following currency pairs are currently forming spikes out of Bollinger Outer bands. Signaling a SELL or BUY:  NZDCAD, AUDCAD, GBPCAD, EURCAD, USDCAD (buy signal) see Daily chart for more details. Also AUDCHF, AUDNZD, GBPCHF, USDCHF (buy signal) NZDUSD, EURGBP, EURAUD, CHFJPY (sell signal) see 4hr chart for details.

SCOPE FOR 1ST AUGUST 2018 (TUES 19:21 GMT): The following currency pairs are currently forming spikes out of Bollinger Outer bands. Signaling a SELL or BUY: EURJPY, NZDUSD (buy signal) USDCHF (sell signal) see Monthly chart for more details. USDCHF, USDJPY, AUDUSD (buy signal) EURGBP, EURUSD (sell signal) see Daily chart for more details. Also EURAUD, GBPAUD, CADCHF, USDCHF (buy signal) AUDNZD, EURJPY, AUDJPY, CHFJPY (sell signal) see 4hr chart for details.

SCOPE FOR 2ND AUGUST 2018 (WED 21:00 GMT): The following currency pairs are currently forming spikes out of Bollinger Outer bands. Signaling a SELL or BUY: GBPJPY, CADJPY (sell signal) see Daily chart for more details. Also AUDCAD, NZDCAD, NZDCHF, EURJPY, USDJPY (buy signal)  see 4hr chart for details.

SCOPE FOR 3RD AUGUST 2018 (THUR 21:54 GMT): The following currency pairs are currently forming spikes out of Bollinger Outer bands. Signaling a SELL or BUY:  EURUSD, EURGBP, NZDCHF, NZDCAD, EURCAD  (buy signal)  see Daily chart for more details. Also NZDCAD, GBPCAD, XAUUSD (buy signal)  see 4hr chart for details.

SCOPE FOR 6TH AUG 2018 (SAT 23:20 GMT): The following currency pairs are currently forming spikes out of Bollinger Outer bands. Signaling a SELL or BUY:  AUDUSD, AUDCHF, USDCHF (buy signal) CHFJPY , AUDJPY, EURJPY (sell signal) see Weekly chart for more details. EURUSD, GBPUSD, AUDUSD, NZDUSD, NZDCHF, NZDCAD, AUDCAD, GBPCAD (buy signal) see Daily chart for more details.

SCOPE FOR 7TH AUGUST 2018 (MON 23:24 GMT): The following currency pairs are currently forming spikes out of Bollinger Outer bands. Signaling a SELL or BUY:  EURUSD, NZDCHF, EURJPY, EURAUD (buy signal)  USDCHF (sell signal) see Daily chart for more details. Also GBPCHF GBPAUD (buy signal)  see 4hr chart for details.

SCOPE FOR 8TH AUGUST 2018 (TUE 20:50 GMT): The following currency pairs are currently forming spikes out of Bollinger Outer bands. Signaling a SELL or BUY:  NZDCAD, GBPCAD,  EURUSD, EURCAD, EURJPY, EURCHF, EURAUD (buy signal) CADCHF (sell signal) see Daily chart for more details. Also CADJPY  (buy signal)  AUDNZD, AUDUSD (sell signal) see 4hr chart for details.

SCOPE FOR 9TH AUGUST 2018 (WED 21:50 GMT): The following currency pairs are currently forming spikes out of Bollinger Outer bands. Signaling a SELL or BUY:  EURUSD, CADJPY (buy signal) EURCHF, EURAUD, EURGBP, EURCAD (sell signal) see Daily chart for more details.

SCOPE FOR 10TH AUGUST 2018 (THUR 0:20 GMT): The following currency pairs are currently forming spikes out of Bollinger Outer bands. Signaling a SELL or BUY:  NZDCHF, NZDCAD, GBPAUD, NZDJPY, EURAUD (buy signal) EURNZD, AUDNZD, EURGBP (sell signal) see Daily chart for more details. Also EURUSD (buy signal) CADJPY, CHFJPY (sell signal) see 4hr chart for more details.

SCOPE FOR 13TH AUG 2018 (SAT 05:46 GMT): The following currency pairs are currently forming spikes out of Bollinger Outer bands. Signaling a SELL or BUY:  GBPAUD (buy signal) USDJPY, EURNZD, AUDNZD (sell signal) see Weekly chart for more details. USDCAD, GBPAUD, EURCAD, GBPCAD, NZDCAD (buy signal) EURGBP, EURNZD, CADCHF, EURAUD (sell signal) see Daily chart for more details.  Also GBPUSD, EURCAD, GBPCAD, AUDCAD, GBPCHF (buy signal) USDCAD, EURAUD (sell signal) see 4hr chart for more details.

SCOPE FOR 14TH AUGUST 2018 (MON 19:40 GMT): The following currency pairs are currently forming spikes out of Bollinger Outer bands. Signaling a SELL or BUY: EURUSD, EURJPY, USDJPY, CADJPY, CHFJPY, GBPAUD  (buy signal) USDCAD, AUDNZD (sell signal) see Daily chart for more details.

SCOPE FOR 15TH AUGUST 2018 (TUE 21:45 GMT): The following currency pairs are currently forming spikes out of Bollinger Outer bands. Signaling a SELL or BUY: CADJPY, NZDJPY, GBPJPY, EURJPY, USDJPY (buy signal) USDCAD (sell signal) see Daily chart for more details. Also AUDNZD, CADJPY (buy signal) see 4hr chart for more details.

SCOPE FOR 16TH AUGUST 2018 (WED 21:41 GMT): The following currency pairs are currently forming spikes out of Bollinger Outer bands. Signaling a SELL or BUY: EURUSD, USDCAD, AUDUSD, AUDCAD, EURCAD, EURCHF (buy signal) USDCHF, GBPAU, EURGBP (sell signal) see Daily chart for more details. Also AUDJPY, EURJPY (buy signal) see 4hr chart for more details.

SCOPE FOR 17TH AUGUST 2018 (THUR 22:30 GMT): The following currency pairs are currently forming spikes out of Bollinger Outer bands. Signaling a SELL or BUY:  AUDCHF, AUDCAD, GBPCAD, NZDJPY, EURCAD, AUDJPY, EURGBP (buy signal) see Daily chart for more details. Also EURCAD, CHFJPY, GBPCHF, EURJPY (buy signal) see 4hr chart for more details.

SCOPE FOR 20TH AUG 2018 (SUN 01:52 GMT): The following currency pairs are currently forming spikes out of Bollinger Outer bands. Signaling a SELL or BUY: AUDUSD, NZDCAD, AUDCHF, AUDCAD, EURCAD, EURJPY, EURCHF  (buy signal)   see Weekly chart for more details. AUDCHF, NZDCHF, GBPCHF, NZDJPY, AUDJPY, NZDUSD, AUDUSD, EURUSD (buy signal) GBPAUD (sell signal) see Daily chart for more details.  Also AUDCAD (buy signal) see 4hr chart for more details.

SCOPE FOR 21ST AUGUST 2018 (MON 23:41 GMT): The following currency pairs are currently forming spikes out of Bollinger Outer bands. Signaling a SELL or BUY: GBPUSD, EURUSD, EURCAD (buy signal) GBPCHF, AUDCHF (sell signal) see Daily chart for more details. Also (buy signal) see 4hr chart for more details.

SCOPE FOR 23RD AUGUST 2018 (WED 21:29 GMT): The following currency pairs are currently forming spikes out of Bollinger Outer bands. Signaling a SELL or BUY: USDJPY, CADCHF, GBPJPY, EURJPY (buy signal) EURCAD, NZDCAD (sell signal) see Daily chart for more details. Also, EURCAD (sell signal) see 4hr chart for more details.

SCOPE FOR 24TH AUGUST 2018 (THUR 22:50 GMT): The following pairs are currently forming spikes out of Bollinger Outer bands. Signaling a SELL or BUY: GBPAUD, EURAUD, USDCHF, USHF (buy signal)  see Daily chart for more details. Also, CADCHF (buy signal) see 4hr chart for more details.

SCOPE FOR 27TH AUG 2018 (SUN 20:22 GMT): The following currency pairs are currently forming spikes out of Bollinger Outer bands. Signaling a SELL or BUY: NZDJPY, GBPJPY, EURCAD, EURAUD, EURUSD (buy signal) see Weekly chart for more details. EURUSD, EURJPY, EURCAD, AUDCHF, NZDCHF (buy signal) CHFJPY, GBPAUD, EURAUD, EURNZD, EURGBP (sell signal) see Daily chart for more details.  Also CHFJPY, AUDJPY, AUDNZD, EURGBP (sell signal) see 4hr chart for more details.

SCOPE FOR 28TH AUGUST 2018 (MON 23:42 GMT): The following pairs are currently forming spikes out of Bollinger Outer bands. Signaling a SELL or BUY: CADJPY, EURJPY, GBPJPY, EURCHF, AUDUSD, EURUSD  (buy signal)  see Daily chart for more details. Also, EURAUD, USDJPY (buy signal) see 4hr chart for more details.

SCOPE FOR 29TH AUGUST 2018 (TUE 23:59 GMT): The following pairs are currently forming spikes out of Bollinger Outer bands. Signaling a SELL or BUY:  NZDUSD, EURJPY, NZDJPY (buy signal)  GBPUSD, GBPJPY, EURNZD, EURCAD (sell signal) see Daily chart for more details. Also, (buy signal) see 4hr chart for more details.

SCOPE FOR 31ST AUGUST 2018 (THUR 22:30 GMT): The following pairs are currently forming spikes out of Bollinger Outer bands. Signaling a SELL or BUY:  USDCAD (buy signal) EURCHF, EURJPY, CADJPY, EURJPY, GBPJPY (sell signal) see Daily chart for more details. Also, NZDCHF (buy signal) see 4hr chart for more details.

SCOPE FOR 3RD SEP 2018 (SUN 00:35 GMT): The following currency pairs are currently forming spikes out of Bollinger Outer bands. Signaling a SELL or BUY: EURUSD, GBPUSD, GBPAUD, CHFJPY, EURCAD (bullish pin bar) (buy signal) USDCHF (bearish pin bar), EURGBP, AUDNZD (bearish pin bar), GBPCHF, CADCHF (sell signal) see Monthly chart for more details. GBPUSD, USDCAD, GBPAUD, GBPCAD (buy signal) EURUSD (bearish pin bar) EURGBP, EURJPY (bearish pin bar) (sell signal) see Weekly chart for more details. USDCHF (buy signal) EURUSD, GBPUSD, NZDUSD, EURGBP, EURNZD (bearish pin bar) EURJPY, NZDJPY, EURCAD (bearish pin bar) GBPCAD (bearish pin bar) (sell signal) see Daily chart for more details.  Also CADJPY (buy signal) USDCAD, EURAUD (bearish pin bar) (sell signal) see 4hr chart for more details.

PLEASE NOTE: LATEST DAILY SIGNAL REPORT WILL NOW BE UPDATED AT THE TOP OF SIGNAL SECTION GOING FORWARD!

SCOPE FOR 4TH SEPTEMBER 2018 (MON 22:13 GMT): The following pairs are currently forming spikes out of Bollinger Outer bands. Signaling a SELL or BUY:  AUDUSD, AUDCHF, AUDCAD, AUDJPY, CHFJPY (buy signal) USDCAD, AUDNZD, GBPAUD (sell signal) see Daily chart for more details.

PLEASE NOTE: LATEST DAILY SIGNAL REPORT WILL NOW BE UPDATED AT THE TOP OF SIGNAL SECTION GOING FORWARD!

Learn To Trade Pin Bars

Bollinger

Learn To Always Lock-In Your Profits

Caution: Forex trading is risky. It is advisable that you acquire enough experience before you start to trade with real money. Do not invest in money that you cannot afford to lose (it is important that you study leverage, lot size, and money management in Forex trading very well before you execute your trade decision).

To trade in the Forex Market you must first sign up with a Forex Broker. There are lots of Forex Brokers out there that offer good service to their clients. Services include tight spread, partnership amongst others. My preferred brokers are 1. Alpari (https://alpari.com/en/?partner_id=1244646) and 2. FXTM (http://forextime.com/?partner_id=4806145). You may sign up through any of the partner links above. You may also send me a mail in case you need me to guide you on how to sign up and start trading (beanfxtrader@gmail.com).

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