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Len,
1) H = high of the pivot
2) Price divergence with an indicator you may use for that purpose, e.g.
momentum ind,
RSI, Stochastic, etc.
3) See book by Connie Brown "Technical Analysis for The Trading
Professional".
Regards,
Jan Philipp
----- Original Message -----
From: <l1l2l3l4l5@xxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Saturday, June 09, 2001 9:33 PM
Subject: Re: Fw: [RT] A Bollinger Band diary---add an idea or two:
> On Fri, 08 June 2001, Jan Philipp wrote:
>
> > Content-Transfer-.<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
> In Reply, Jan , I am wondering if you could explain
something for me: 1)Does H= height? and what is the divergence that you
mention-is it divergence with an indicator? If you can send a chart even
better.2) I'm not sure of who Connie Brown is-I've joined this forum not too
long ago. I hope you can answer these for me .I appreciate your time and
patience in this regard if possible.Thanks,Len.
> > > Disclaimer:Every word on this/these e-mails is/are for purely
educational
> > > entertainment only.
>
>
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