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Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?

To: Michael Watkins who wrote (9291)	2/14/1999 12:49:00 AM
From: TA2K	Respond to of 12039

On Bollinger Bands, "It just seems to make sense to look at more than just closing price as part of the analysis. Anyways, still working with it..." I'm wrestling with that issue right at this moment, and feel the same way. I've decided to use 'typical price' ( (h+l+c)/3 ). I don't know that it makes all that much difference, particularly on longer time periods. But, as you say, only focusing on closing price -- so often with truly randomness ending at 'bid' or 'ask' -- just rubs me wrong. Please, gurus, a humble student begs for answers.... Nicholas