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----- Original Message -----
From: "Jan Philipp" <jan4123@xxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Friday, June 08, 2001 4:03 PM
Subject: Re: [RT] A Bollinger Band diary---add an idea or two:
> Tip#4
> Bollinger's W/M pattern : 1st leg of M closes outside BB, 2nd - inside,
> 3rd - inside, with H equal
> or lower than 1st leg's H, or higher, but with divergence.
> Sometimes, it is a good short entry.
> W - the opposite.
>
> Tip#5
> Still better, use RSI instead of price and look for the same pattern (see
> Connie Brown).
>
> Both ideas work in all time frames including intraday.
>
> Jan Philipp
>
> > On Tue, 05 June 2001, Ron Cernokus wrote:
> > >
> > >
> > >
> > > l1l2l3l4l5@xxxxxxxxxx wrote:
> > > >
> > > > Bollinger Bands---offer your tips: For me this
is
> purely educational ; HOWEVER, I thought I would post it for everyone's
> benefit if in due time we get several respondents who can offer some real
> genuinely true to life tips:(No liars please). I'll start off with tip#1
and
> tip#2 and if anyone disagrees,feel free to correct me;however, these first
2
> tips are not of my own originality but come from literature that I read
and
> have personally observed by playing around with metastock. thanks,Len.
HERE
> WE GO: TIP#1=Bollinger Bands seem to give some excellent
> signals when used on weekly charts.
> TIP#2=When price crosses a band and then seems to start going in the
> opposite direction,this is possibly a position that is worth taking if
your
> weekly chart and your daily chart seem to be giving the same
> message---"alignment/integration of time frames." Please add on
> > > > tip#3,etc.
> > > on one min. SP1M or ES1M a spike clearly through the top or bottom
band
> > > is very often the end of the move and can be faded if other indicators
> > > in your tool box give support. Got this from a site of an ex marine
> > > demolition guy forgot the location. He called this the Nail in the
> > > coffin........................................
> > > > .................
> > > >
> > In reply, Ron thanks for sharing that insight.I hope others
will
> add to this.I thought I would retitle this post as a "Bollinger Band
> diary--add an idea or two:"----Having said this I will add two ideas today
> which are in addition to the 3 ideas(formerly called "tips" but now called
> "ideas") for some dumb reason or other: Here Are Ideas #4 and #5 for
> today's diary--------Idea #4=from a well known trader is:Major market
moves
> tend to erupt from narrow Bollinger bases signifying a potential
transition
> from quiet to active market phases. Idea#5=When
> prices drop out of a very narrow B.Band,they may give a signal to go
> short.AND,when these prices pull back to their channel from the outside,it
> may be a good time to close out positions. For the consideration of
> others on this forum,if someone replies/adds to this/these posts,if all
you
> want to do is add an idea you probably won't need to put all the original
> posts with it-just a thought. Someone/anyone add on
> idea#6.................................................... The
> Disclaimer:Every word on this/these e-mails is/are for purely educational
> entertainment only.Do
>
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