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Re: livinginstyle post# 67804

Wednesday, 03/12/2014 12:36:09 PM

Wednesday, March 12, 2014 12:36:09 PM

Post# of 120682
livinginstyle & all re volume & bollingers...

we touched a new high early this morning.

so if we close down today, then I'd like to see the up volume in comparison to yesterday wh/ imo would still be important and bullish.

the best scenario is to get the volume w/ a up close. but volume and a close near the tops is fine, esp above yesterdays close. I just dont won't to see faltering at the end.

thats cool your one of the tom obrien tigers. i still listen to the guy & value his book. no system is a panacea, but his works very well, esp in gauging momentum, swingpoints & volume. that helps a lot in the fast moving otc. I thankfully got in on him after the dotcom bust & learned some good lessons. i did decent in the precious metal sector using his methods.

he never went into bollinger bands himself that much, though some guys he worked w/ did. what is your all's best tip educ wise in re to a site or book that can cut you to the chase succinctly on using bollinger bands effectively? & in what market situtions do you feel they work best? i feel it would be a nice addition to the fib arsenal.


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