BollingerBands

[columbus]

Nifty up to 19.12.14

 

[columbus]

Nifty upto 26.12.14

 

[columbus]

Nifty upto 2.1.15

 

[columbus]

Nifty upto 9.1.15

 

[columbus]

Nifty upto 16.1.15

 

[columbus]

Nifty upto 23.1.15

 

[Sunnyraj]

Hello columbus sir..!!

I've been reading this thread since many days , and being a beginner i find the strategy easy to understand and use..though it takes lots of patience and observation to apply it on real time..

Sir, though this strategy is for intraday , i some times use the standard settings
BB (20,2) , on daily as well as weekly time frame just to understand the future course of market/stocks .

As we can see after today's fall we have a green+red candle pair on weekly charts. What are your views on this ? Even the last time we had this pair, we saw a big down move.

 

[columbus]

As we can see after today's fall we have a green+red candle pair on weekly charts. What are your views on this ? Even the last time we had this pair, we saw a big down move.

Hello sunnyraj,

Yes, Bollinger Band is very easy to use and popular also.
Good ,your are using effectively for positional trades also.

Green+Red candles are spotted on a couple of occasions ,but saw a rise.

Especially in the area marked ,a pair was spotted but then 3rd candle was a big GREEN candle.
When we are in bull market (Candles are concentrated in TOP half),we can take a lot
at half line and another lot at bottom.

 

[columbus]

Nifty upto 301.15

 

[Sunnyraj]

Columbus Sir, using BB technique , do you trade only Nifty Future or any other stocks also ??