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- Kramer replied Nov 8, 2007
3cent, thanks for your post! Addressing your concerns in order: a) I’m not sure I understand your point – I don’t believe I gave a buy signal, or suggested that my charts indicated a buy signal? Perhaps you are referring to my reply to a post where ...
- Kramer replied Nov 7, 2007
Hi Bill. You’re spot on, ideally you want to see a break of BB3, then a pullback, and the stochs turning as a result of that pullback. This gives us the filter we need, to confirm that the pullback is just a ‘breather’ before pushing on up, as ...
- Kramer replied Nov 7, 2007
Bill, that’s a good question. Normally, I do prefer stochs crossing and the K% line dropping below 80/above 20. There are exceptions, though. For example if the stochs have gone way past 80, and are in the 90’s. If the stochs then turn, and we get a ...
- Kramer replied Nov 7, 2007
Hi SynWind. Yes, you’re absolutely right, sometimes trades are taken against the trend on the 4 hour chart. That said, however, the cross of the stochs and price easing off BB3 on 1H gives us a heads up that a retracement is in play. And moreover, ...
- Kramer replied Nov 6, 2007
Hi masdilva. yes, usually i do. i'm a conservative trader by nature, and this gives extra confirmation that we can expect a retracement. also, ideally, i like to see the K% line below 80. Cheers Kramer
- Kramer replied Nov 6, 2007
Trade Screenshot No.3: GBP/USD — This is an example of a trade set up I’m always on the look out for. Price breaks through BB3 on 1H, BB2 on 4H, and finds support on the 200SMA on the 4H (which is also the 800SMA on the 1H chart). It hovers ...
- Kramer replied Nov 6, 2007
Trade Screenshot No.2: EUR/USD — Here was another textbook trade. Price had moved up very strongly throughout the day, and had broken through BB3 on both 1H and 4H. As a general rule, when price touches the 3 standard deviation BB on the 4 ...
- Kramer replied Nov 6, 2007
Trade Screenshot: GBP/USD — My chart settings are as follows: 8EMA (thick green line) 21EMA (thick blue line) 55EMA (thick red line) 200SMA (thin blue line) 800SMA (thin black line) Bollinger Bands (2 standard deviations, 20 periods) - thin ...
- Kramer replied Nov 6, 2007
Taking a Trade — As I mentioned above, I trade this method using both a 1H and 4H chart. The first thing I look for is price breaking through the outer Bollinger Band (set at 3 standard deviations) on the 1H chart. We’ll call this level BB3. ...
- Bollinger Band Confluence Trading
I would like to share with you a method of trading that I have been using with success for over a ...
- Kramer replied Nov 6, 2007
Nicotina, thanks for sharing your system. Remarkably simple, yet very effective. Can i ask you how long you have been trading this live, and for what period of time you back-tested this system for? Cheers Kramer
- Posts by Member Search: 'Kramer'