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.
True?
True?
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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