Trading using envelopes and channels
It should be Bollinger Bands - google it.
bossxero:
Hello Guys and Gals, I would like to know if anyone of you is trading using some kind of envelopes or channel system/strategy. That is, we got a channel and each time price touch upper band, you open a short, and the other way round for buy. I have heard that these systems tend to be quite profitable both in ranging and trending markets. All thoughts and idea are most welcomed. Awaiting your inputs. NOTE: If you are explaining some kind of system, please try to illustrate with some graphics. Thanks Regards
Hello Guys and Gals, I would like to know if anyone of you is trading using some kind of envelopes or channel system/strategy. That is, we got a channel and each time price touch upper band, you open a short, and the other way round for buy. I have heard that these systems tend to be quite profitable both in ranging and trending markets. All thoughts and idea are most welcomed. Awaiting your inputs. NOTE: If you are explaining some kind of system, please try to illustrate with some graphics. Thanks Regards
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Hello Guys and Gals,
I would like to know if anyone of you is trading using some kind of envelopes or channel system/strategy. That is, we got a channel and each time price touch upper band, you open a short, and the other way round for buy.
I have heard that these systems tend to be quite profitable both in ranging and trending markets.
All thoughts and idea are most welcomed. Awaiting your inputs.
NOTE: If you are explaining some kind of system, please try to illustrate with some graphics. Thanks
Regards