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Strategies & Market Trends : Technical Analysis - Beginners

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To: SR/WA who wrote (8535)	9/1/1998 8:01:00 AM
From: gonzongo	Read Replies (1) of 12039

bollinger bands are used to measure std deviation of price movement- they are most useful in predicting a strong move when the bands get very tight as seen in your 15 minute bar chart. However, other indicators are needed to find the direction of the move- I myself have not been able to determine other good uses for bollinger bands. g

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