Replies to post #4975 on S&P 500 Analysis & ETF Trading

[kiy]

First law of Bollinger Bands...
When price is outside bands...you wait for price to close inside the band...then read the indicators...if daily indicators about ready to signal...you step to an intraday 30 minute chart and front run the daily signal...this doesn't mean daily will signal next...just that the potential is there...Best trades will be with daily Bias...until daily signals at its signal line daily bias hasn't changed...intraday was just showing the potential...and you treat it like a swing trade with signals from the 30 minute chart...basically its 30 minute chart swing trading...best trade is with daily chart's bias but normal average true range if big enough...you can swing trade both directions...just know the added risk when trade is against the daily bias...intraday charts will cycle and 30 minute is the best chart to trade...

[kiy]

Accumulation/Distribution indicator
...basically like the TRIN for intraday...you want Accum/Distr on your side...
Look at how tight the 5 day average is getting...