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Do you use Bollinger Bands in your trading
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[QUOTE="eyeball, post: 66640, member: 12398"] [b]Price action and Bollinger Bands[/b] For those price action analysts who may read this: Bear in mind that BB's can change the dynamic of a trend and have a direct material affect on customary outcomes.They tend to change the "polarity " of the indicators associated with them,as does the very fact of their crossing and possible recrossing. (By "polarity" I mean that expected outcomes of particular chart patterns may , in some cases ,be reversed on the opposite side of a BB ,all other things being equal.) Also , bear in mind that when a exponential MA crosses the BB along with the price itself or by itself alone, it can act as a modifier to the aforementioned.There are numerous variations on these themes that occur every day and price action advocates would do well to familiarize themselves with them.They repeat with consistency and are therefore predictable [/QUOTE]
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