Bollinger Bands are one of the most popular trading indicators. It’s easy to see its appeal. Bollinger Bands use the basic statistical concept of standard deviation. For this, it is easy to understand. Bollinger Bands form an envelope around price action. It does not divert your attention with an extra indicator panel and augments price […]
Reading Price Action With Bollinger Bands
Price action trading is more than just price patterns like Engulfing candlesticks and Head & Shoulders. Price action traders often overlook a crucial aspect: the volatility of price. How much the market moves is as important as how the market moves. In this concise guide, you will learn how to include volatility in your price […]
The Ultimate Guide to Volatility Stop-Losses
Placing a stop-loss requires delicate balance. We want a stop-loss to be as tight as possible, while giving the trade enough room to whipsaw. The key to this balancing act is volatility. According to Wikipedia, volatility is: the degree of variation of a trading price series over time… You need the stop-loss to be tight […]
Trading with Kings, Truth, and Bollinger Bands
If you skim through Elaine Knuth’s Trading Between the Lines: Pattern Recognition and Visualization of Markets, you might mistake it for a book on archaeology and meteorology, with a dose of mythology. On a closer look, it is a colorful description of trading methods. The Valley of the Kings and Place of Truth are Egyptian […]
Bollinger Squeeze on TSN Daily
TSN Big Picture – Bollinger Squeeze TSN is bullish. TSN is trending up. It had a complex pullback in the form of a falling wedge. Price broke out from the wedge and hit its measured target before drifting sideways. Hitting of a bullish target confirms the upwards trend. TSN Small Picture – Bollinger Squeeze TSN […]
Gimmee Bar Trading Strategy
The Gimmee bar is a classic entry pattern for a sideways market shared by Joe Ross – an experienced trader and educator. He is the author of several well-known trading books including Trading by the Book and Trading by the Minute. This trading strategy looks for a reversal down from the top of a trading […]
