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Strategies & Market Trends : Metastock 6.0 for Window

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To: shasta23 who wrote (1423)1/13/1998 7:01:00 AM
From: Dick Brown  Read Replies (2) of 4056
 
One way to trade the bands (verify on your stocks) is to consider 2 closes above the band or below the band to give you direction of the trade. Where there are two closes above the band you can buy aggressive when prices fall to the upper band or buy conservative when prices fall to the lower band..Other way for shorts..Like everything, nothing works all the time.. I use this for very short term trades. If I start to be wrong I get out right away..
Dick.
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