Los Angeles, CA (PRWEB) March 18, 2008
John Bollinger just launched a new website providing his analytical techniques for the forex community -- http://www.BBForex.com. Thousands of forex traders use Bollinger Bands, but this is the first and only website dedicated to providing Bollinger Bands analytics exclusively for the forex market.
Bollinger Bands are a technical trading tool created by John Bollinger in the early 1980s. They arose from the need for adaptive trading bands and the observation that volatility was dynamic, not static as was widely believed at the time.
The purpose of Bollinger Bands is to provide a relative definition of high and low. By definition prices are high at the upper band and low at the lower band. This definition can aid in rigorous pattern recognition and is useful in comparing price action to the action of indicators to arrive at systematic trading decisions.
Over the past two decades, thousands of veteran traders have come to view Bollinger Bands as a most reliable tool for assessing expected price action. Forex traders have been using Bollinger Bands for years, but this is the only website dedicated to providing Bollinger Band analytics for the forex market.
http://www.BBForex.com]'s content includes a forex grid that provides real-time a customizable currency conversion table. Charts with Bollinger Bars and Bollinger Bands have an interactive live cursor and a wide array of indicators. Totally unique to BBForex.com are lists of potential trades of currency pairs that are generated using trading systems based on Bollinger Bands. The lists are generated for various time frames, depending on the user's preference. Lastly a portfolio section allows users to customize and save their portfolio for easy reference.
"Forex traders have been telling me for years that they rely on Bollinger Bands to make their trading decisions," says Bollinger. "I have developed six websites for the US equities market. This seems long overdue."
The website is free to users and is currently in beta testing. New features will be continually added---as with all of his websites, Bollinger welcomes user suggestions.
About John Bollinger
John Bollinger, CFA, CMT is the president of Bollinger Capital Management, Inc., an investment management company that provides technically driven money management. Bollinger Capital Management also develops and provides proprietary research for institutions and individuals.
John Bollinger is probably best known for his Bollinger Bands, which have been widely accepted and integrated into most of the analytical software currently in use. His book "Bollinger on Bollinger Bands" was published by McGraw Hill in and has been translated into seven languages.
He is the recipient of the 2005 Market Technicians Association Annual Award for Outstanding Contribution to the Field of Technical Analysis. He is widely recognized because of his market analysis and commentary on CNBC and his speaking engagements at financial conferences worldwide. He is both a frequent contributor as well as a featured expert for publications including Investor's Business Daily, Technical Analysis of Stocks and Commodities, the New York Times, Los Angeles Times and USA Today.
John Bollinger is available for interviews.