By setting bollinger bands, would it good for example, once the price stretches out of the bands, I start taking profits? As the market is self correcting.
How important is knowing Candlestick? 12 replies
DislikedI'm also looking at using BB as a way to test buys/sells. I'm trying a 30M chart, shorting when the candles break the top, and/or buy to cover/go long when they break the bottom. I've looked at the history of one chart, and though I may have missed a few trades, overall it looks like a decent theory. I will giver today/tomorrow, and see what happens!Ignored