Larry Connors – The Bollinger Bands %b Swing Trading System 2004
Salepage : Larry Connors – The Bollinger Bands %b Swing Trading System 2004
Archive : Larry Connors – The Bollinger Bands %b Swing Trading System 2004 Digital Download
Delivery : Digital Download Immediately
Description
Thank you for visiting the Bollinger Bands Swing Trading System.
strategy manual. In the following pages, you will learn how this system works and how you can immediately apply it to your own trading. You will also learn the Plus One system, which is a more aggressive version of the system.
What Is The Bollinger Bands Swing Trading System?
The Bollinger Bands Swing Trading System (BB%b) looks for reversals that occur when a market becomes overbought or oversold in relation to its recent volatility. Volatilitysimply refers to the range of movement in a market. A stock with 7-point swings in 10 days is more volatile than one with only 2-point swings in 10 days. The BB differs from other systems in that it considers the fact that the amount of volatility in a market is constantly changing. As a result, the conditions that cause reversals change. A 5-point drop, for example, could cause stock XYZ to become oversold enough to cause a reversal. However, if the level of volatility in XYZ rises in the next 10 days, this may no longer be the case. As a result, reversals are best predicted when a market becomes overbought or oversold in relation to its recent behavior.
More from Categories : bollnger bands – candlesticks
Reviews
There are no reviews yet.