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| Lesson 3- Bollinger Bands |
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The Bollinger Bands were created by John
Bollinger in the late 1980s. Bollinger
studied moving averages and experimented with
a new envelope (channel) indicator. This
study was one of the first to measure
volatility as a dynamic movement. This tool
provides a relative definition of price
highs/lows in terms of upper and lower bands.
The Bollinger Bands are comprised of three
smooth lines. The middle line is the simple
moving average, normally set as a period of
20 (number of bar/ticks in a given time
period), and is used as a base to create
upper/lower bands. The upper band is the
middle band added to the given deviation
multiplied by a given period moving average.
The lower band is the middle band subtracted
by the given deviation multiplied by a given
period moving averages.
What can I use this for?
1.Trend -- When price moves outside of the
bands, it is believed that the current trend
will continue.
2.Volatility- The band will expand/contract
as the price movement becomes more
volatile/or becomes bound into tight trading
patterns, respectively.
3.Determine Oversold/Overbought Conditions --
When price continues to hit upper band, the
price is deemed overbought (may suggest
sell). When price continues to hit lower
band, the price is deemed oversold (may
suggest buy).
You can use the Bollinger Bands tool in the
studies column of the MarketClub charting
applet. Select Bollinger Bands study and
enter the standard deviation and the period
(default/recommended settings: deviation --
2.0 and period of 20). As you move your chart
through time variations, the Bollinger Bands
will automatically recalculate and re-chart.
For more info visit
http://club.ino.com/trading/youtube/
Tags : Bollinger HILO Parabolic MACD RSI momentum stochastics CCI ATR Deviation Regression Williams %R ADX OBV Fibonacci Studie |
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Affichage : 10673
Durée : 377 s |
| Bollinger of James Bond and Gunnar Schäfer |
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James Bond, legendary hero of fiction and
film, is devoted to the Crown and to his cup
of Bollinger Champagne. Just as Bollinger has
been awarded the Royal Warrant by seven
British monarchs since 1884, so has Bond
pledged his loyalty to Bollinger. For more
than four decades - since Ian Fleming penned
his first James Bond, Agent 007 thriller in
1953 - Bond has enjoyed his Bollinger
Champagne.
Tags : Bollinger |
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Affichage : 1721
Durée : 243 s |
| 25. How to Trade Bollinger Bands - Stocks, Futures, Forex |
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http://www.informedtrades.com/
A Lesson on Bollinger Bands for active
traders and investors using technical
analysis in the forex, futures, and stock
markets.
The link that I refer to on Standard
Deviation is here:
http://en.wikipedia.org/wiki/Standard_deviati
on
The link that I refer to with more resources
on Bollinger Bands is here:
http://www.informedtrades.com/tags/index.php/
bollinger%20bands/
In our last lesson we learned about the
Stochastic Oscillator and how traders use
this in their trading. In today's lesson we
are going to learn about an indicator which
helps traders gauge the volatility and how
current prices compare to past prices.
Bollinger Bands are comprised of three bands
which are referred to as the upper band, the
lower band, and the center band. The middle
band is a simple moving average which is
normally set at 20 periods, and the upper
band and lower band represent chart points
that are two standard deviations away from
that moving average.
Example of Bollinger Bands:
Bollinger bands are designed to give traders
a feel for what the volatility is in the
market and how high or low prices are
relative to the recent past. The basic
premise of Bollinger bands is that price
should normally fall within two standard
deviations (represented by the upper and
lower band) of the mean which is the center
line moving average. If you are unfamiliar
with what a standard deviation is you can
read about it here
http://en.wikipedia.org/wiki/Standard_deviati
on. As this is the case trend reversals
often occur near the upper and lower bands.
As the center line is a moving average which
represents the trend in the market, it will
also frequently act as support or resistance.
The first way that traders use the indicator
is to identify potential overbought and
oversold places in the market. Although some
traders will take a close outside the upper
or lower bands as buy and sell signals, John
Bollinger who developed the indicator
recommends that this method should only be
traded with the confirmation of other
indicators. Outside of the fact that most
traders would recommend confirming signals
with more than one method, with Bollinger
bands prices which stay outside or remain
close to the upper or lower band can indicate
a strong trend, a situation that you do not
want to be trading reversals in. For this
reason selling at the upper band and buying
at the lower is a technique that is best
served in range bound markets.
Example of Buying and Selling at the Upper
and Lower Band:
Large breakouts often occur after periods of
low volatility when the bands contract. As
this is the case traders will often position
for a trend trade on a break of the upper or
lower Bollinger band after a period of
contraction or low volatility. Be careful
when using this strategy as the first move is
often a fake out.
Example
As Bollinger bands paint a good picture
directly on the price chart of how high or
low price is relative to historical prices,
this is a good indicator to use in
conjunction with other methods such as some
of the chart patterns that we have learned so
far and some of the candlestick patterns
which we will learn in future lessons. Below
is one such example:
As Bollinger Bands are one of the most
popular indicators around I have created a
special page on InformedTrades.com which
lists multiple resources for those looking
for more information on trading Bollinger
Bands.
That's our lesson for today. You should now
have a good understanding of Bollinger bands
and how traders use these in their trading.
In our next lesson we are going to go over
the Average Directional Index or ADX, which
helps traders identify the strength or
weakness of a trend so we hope to see you in
that lesson.
As always if you have any questions or
comments please feel free to have them in the
comments section below, and have a great day!
Tags : howto trade bollingerbands daytrade investing money finance business forex futures stock market informedtrades |
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Affichage : 19586
Durée : 456 s |
| Bollinger Special Cuvée N.V. |
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Wine Tasting Clip of Bollinger Special Cuvée
N.V.tasted on 10 August 2006.
WINE: Bollinger Special Cuvée N.V.
VINTAGE: N.V.
PRODUCER: Bollinger
GRAPES: Pinot Noir 60%, Chardonnay 25%, Pinot
Meunier 15%
REGION: Champagne
COUNTRY: France
ONE WORD: Oppulent
TASTING: Deep aromas of brioche, hazlenuts
and ripe raspberry and shortbread on the back
of the nose. A rich, almost Mersault-like
palate full of complexity and beautifully
balanced. A great wine to be savoured.
FOOD MATCH: Foie Gras / Roast Grouse
Tags : wine tasting Pinot Noir Chardonnay Meunier Champagne France Bollinger NV |
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Affichage : 788
Durée : 163 s |
| Columbia U. President Bollinger Booed by Harlem Residents |
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Columbia University, the third largest
landlord in New York City, is poised to grab
17 acres of prime real estate in Harlem to
expand their campus. University President Lee
Bollinger has taken a "its all or nothing"
negotiating stance with the community meaning
the seizure of private property through
eminent domain and the displacement of 131
families in the expansion footprint, not to
mention the adverse impact of secondary
displacement that even the university had
conceded to. As part of the public review
process Community Board 9 in West Harlem held
a hearing for residents to voice support for
or against the expansion. The meeting drew an
estimated crowd of 500 (100 remained outside
due to limited capacity).
Video clip provided by Duana C. Butler,
Producer/Director "Harlem
Stories"(documentary work in progress) Visit
http://www.nbpc.tv/projects/harlemstories/
for more information on this project.
Tags : harlem gentrification "columbia university" "nellie bailey" "lee bollinger" "eminent domain" "community board #9" |
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Affichage : 5805
Durée : 179 s |
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