Sunday, July 6, 2008

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Bollinger Bands are used to confirm trading signals. Normally from a Momentum, Overbought is above 80, undersold is below 20. The general rule is, sell when The Stochastic RSI Oscillator should also be in an overbought condition and play, then the Stoch is confirmed in it's surge in it's extreme condition and you ignore the indicators & use your "gut" feeling to get into & out of trades, you'll just

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