09-25-2007, 10:09 PM
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Freshman
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Join Date: Sep 2007
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It should be Bollinger Bands - google it. 
Quote:
Originally Posted by bossxero
Hello Guys and Gals,
I would like to know if anyone of you is trading using some kind of envelopes or channel system/strategy. That is, we got a channel and each time price touch upper band, you open a short, and the other way round for buy.
I have heard that these systems tend to be quite profitable both in ranging and trending markets.
All thoughts and idea are most welcomed. Awaiting your inputs.
NOTE: If you are explaining some kind of system, please try to illustrate with some graphics. Thanks
Regards
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