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5 Minute Forex Bollinger Bands Scalping Strategy. http://www.financialspreadbetting.c... PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE Bollinger Band forex trading strategy. Here we have the GBP/USD this is all about scalping on a 5 minute chart, you can use this on Cable (GBP/USD) or EUR/USD although I can't see a reason you can't use it on other currency pairs. Using a bollinger bands on standard chart settings (20 length with 2 standard deviation). The rules of the trading strategy state that you're looking for a flat bollinger band. The rules of the strategy are when price touches the upper band you go short with a 10 pip stop, when price touches the lower band you exit the trade. You go long when price touches the lower band with a 10 pip stop and you exit the trade as it touches the upper band.

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