Bollinger Bands: Financial Instrument For Trading Decisions
Bollinger Bands are a type of statistical chart characterizing the prices and volatility over time of a financial instrument or commodity, using a formulaic method propounded by John Bollinger in the 1980s. Financial traders employ these charts as a methodical tool to inform trading decisions, control automated trading systems, or as a component of technical analysis.
Financial Instrument For Trading
Using Bollinger Bands
Follow The Pattern
You Buy Shares when the band looks like a W
You Sell Shares when the band looks like a M
Snapshot
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