XJO 0.88% 7,959.3 s&p/asx 200

Weekend Charting and Chat - 26th May 2017, page-29

  1. 3,015 Posts.
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    I use bollinger bands to help with direction and entry.

    On a daytrading basis on a 2min chart wth big caps ill use the tightening of bollinger bands to help with a move either way.

    I have found as the day goes in the bollys will narrow in range and come closer to each other.

    Once a stock breaks up or down out of the range get on the direction of this move for a quick turn.

    Cheers
 
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