Forex encyclopedia

Bollinger bands is an indicator proposed by John Bollinger, founder and president Bollinger Capital Management, Inc. specializing in investments and funds management services rendered to individuals and corporations. Over a long time, John Bollinger had been working as a chief analyst of the big cable channel Financial News Network (FNN) publishing financial news. J. Bollinger gained a global popularity because of so called “Bollinger Bands” received a mass recognition and used in most part of modern analytical computer applications. In appearance Bollinger Bands resemble moving averages envelopes expressed in the per cent form, but have a notable pecularity: in Bollinger Bands the size of vertical shift of Moving Average line is expressed by a certain amount of standard price deviations (unlike moving averages envelopes with external borders formed by a vertical upward and downward shift for a certain constant amount in per cents).

Apart from Japan, the countries with the second economic power (Hong Kong, Singapore, Australia, South Korea) are also active in the transaction. * At certain periods, liquidity can be very low and visible for a very small price movement (no change in the relatively long time). A small price movemen allows breakout level of previous trends that occurred in the American market to form, so there is a phase of consolidation.