Stock Trading: Using Bollinger Bands to Spot Potentially Big Moves
Bollinger Bands are one of the more widely known and used technical
indicators around. Most charting packages, even the most basic, have
them built in. The Bands are a volatility-based indicator which apply
the statistical measure Standard Deviation to provide a guide as to
how a given market or instrument is trading. There are a great many
ways Bollinger Bands can be employed in market analysis, but this
article focuses on how one can apply them to the identification of
markets ready to make a significant directional move. Continue reading
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