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121

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Posts posted by 121


  1. Part two in answer to your question this is how I am using Bolllinger's forget what the books say !!

     

    Using say 20, 3.00 many or most will be using 20, 2.00 to mark out the terrain - this is the first advantage (you can change to whatever suits your research best). You need two significant points nearest the current price/target. One line for peaks, and the other for troughs. Use the upper and lower Bollinger Bands to pick out your points many or most will be using actual prices - this is the second advantage. Then its a simple matter to back check and see what happens when price/target hits or crossess over your tragectories - if 20, 3.00 isn't working well then make adjustments till you think you got an edge (artistic license). Also research the horizontal tragectories created by the peaks and troughs of the Bollinger Bands see what happens when price/target hits or crosses over them.

     

    Enjoy!

     

    P.S. The above has nothing to do with my work with algorithms and the Nikkei 225! When the above works or doesn't is up to you! You always need to do your research be able to calculate the risk reward ratio when price/target hits or crossess over your tragectories - some people can do this in their head and by memory others can't.

     

    P.P.S I know the above is going to spark a massive argument!!!!


  2. I was going to give a lesson on the approach to Savvyscott but they did not take up my offer.

     

    I haven't worked out yet how to get my charts on here - they would blow your mind ????

     

    Check out my recent posts with TrendFolllower we've been really busy.

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