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Why Mastering Bollinger Bands Is A Must
Traders and investors all over the world use Bollinger bands to assess the expected price action in the financial markets. Bollinger Bands are a highly popular technical trading tool plotted at a standard deviation above and below a simple moving average of the price. It is considered the most reliable and useful trading tool since it has the best predictability in determining if the stock is oversold or overbought. I don't say this lightly, mastering Bollinger Band is a must in order to be a profitable trader. Famous financial analyst John Bollinger developed Bollinger Bands in the early 1980s and trademarked this ... (full story)