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Trading using envelopes and channels
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Old 06-12-2007, 02:27 PM
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Post Trading using envelopes and channels
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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Old 09-25-2007, 10:09 PM
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It should be Bollinger Bands - google it.

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Originally Posted by bossxero View Post
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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