Grinding Tip During Stagnant Trading Waters...
Good for thick low price stocks and forex
Use a 15minute chart period... Apply the following Bollinger Bands
1)The classic 20 period/2 standard deviations
2)a 20 period/3 standard deviations
3)a 96 period/2 standard deviations
3SD is for closing a loser and scrutinizing a breakout...
96 period 2d is for general range and confluence strength; if coincides with the classic 20 period 2d, indicates strong level or support or resistance...
Muad Dib is the penultimate fool... as I read about his twin children before bedtime of dorks
0 Comments:
Post a Comment
<< Home