Wednesday, September 1, 2010

IntraDay Bollinger Band - Simple Strategy

Hi,

I have came across this link : http://www.youtube.com/watch?v=vHvOVDBEmZs

Hope this will work out in Intraday and we can aim for handsome profit..

My Observation For NSE Stocks:

1. Take 20 SMA & Bollinger Band 20 reading
2. Consider 2 days High / Low
3. Use Hourly Charts

On 3rd day, on break of 2 days High/Low within Bandwidth, enter your position (Long / Short) with SL of 20 SMA; I have checked with few of NSE Stocks..

Investors can check this and apply for positional trade, this is very simple and useful strategy according to me

1 comment:

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