Tag Archives: Bollinger Bands

Materials are struggling

While the major ETFs seem to be zooming upwards, the basic materials are struggling. I checked the charts of XLB and XME today. XLB 10 year monthly chart looks stronger than XME. It is attempting to move higher with MACD … Continue reading

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Zoom out!

I spent three weeks talking about walking the Bollinger Bands on the hourly chart. I hope that I covered the idea for now in enough detail… Time to zoom out and look around. Lets start with the daily chart of … Continue reading

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Walking the Bollinger Bands (Part 2)

A week later: test in progress. It rarely happens in one attempt. Traders are true fighters, market is a fighting ground. E – support level from the daily chart F – some action outside of Bollinger Band! (a possible next … Continue reading

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Walking the Bollinger Bands (Part 1)

It’s my favorite path – the Bollinger Bands. It is quite accurate in catching reversals assuming the market is orderly (no shocks). It’s like driving on a highway: right lane, passing lane, turn… When market is relatively quiet, the path … Continue reading

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Can You Get out of Trouble?

It depends… In one of my blogs I wrote that I trade only ETFs and I try to follow my rules all the time. I know I am not a good stock picker. I also know that for me it … Continue reading

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