Bollinger Bands are a great way to trade binary options. There are lots of binary options strategies. Bollinger Bands are used extensively by day traders for trading forex, stocks and commodities. Bollinger Bands were developed by John Bollinger in 1980s. The most important thing in trading binary options is the entry. If you make the entry at the right time, your position will end in the money. Timing is of essence in trading binary options. Bollinger Bands are ideal when it comes to identifying the momentum in the market. Just enter in the direction of the momentum and your position will end in the money. Just make sure to follow strict risk and money management rule of not risking more than 2% on a single trade. You should watch this 47 minute video tutorial on how to use Bollinger Bands to trade binary options!