I was on the trading platform this morning – the 29 of august 2012. I used the Bollinger Bands as my primary indicator and the stochastic, MACD and alligator indicator as my secondary indicators.
My entry and exit signals were as described at the end of the article Trading Forex Online - How to UseBollinger Bands and Stochastic Oscillator As a Trading Strategy.
The EURUSD had an entry started about 9:30 and it is still in an upward direction at 10:15 but have reached its expected high.
The EURGBP had an entry started about 9:45 and it is still in an upward direction at 10:30 but have reached its expected high.
The GBPUSD had an entry started about 9:15 and it is still in an upward direction at 10:00 - 10:30 but have reached its expected high.
The answer to the question is it possible to earn some pips in the morning using the Bollinger Bands as my primary indicator? Yes, it was possible to earn some pips as the curves in this post illustrated with the Bollinger Bands as a primary indicator.
