Transcript Document

Momentum Breakout
Trading
A new look
at an
old
friend
The application of
standard deviation
bands, Bollinger’s,
to
price charts
to give us
buy and
sell signals
Standard Deviation Bollinger Bands as taught by John Bollinger
Sell?
?
?
Buy?
?
Unfortunately,
Bollinger’s Band
settings, give us
NO
objective buy and sell
signals.
Bollinger
does suggest
using
lots of
technical studies
to get
the reversal points
STANDARD DEVIATION
A NORMAL PRICE
DISTRIBUTION MEANS THAT
MOST OF THE PRICES ARE
CLOSE TO THE AVERAGE WITH
FEW PRICES AT ONE EXTREME
OR ANOTHER
AVERAGE
PRICE
OR
“MEAN”
Standard Deviation Bell Curve
Bollinger’s Bands
BREAKOUT
AREA
SELL
AVERAGE
PRICE
BREAKOUT
AREA
BUY
Our Momentum
Break out bands
“MOBO”
TIGHTER BANS TO SHOW THE BREAKOUT OF PRICE
DAILY CHARTS
J. BOLLINGER BANDS
MOBO
BANDS
LONG
LONG
SHORT
ABOVE MOBO BUY
BELOW MOBO SELL
SYMC
MOBO BREAKOUT
MOBO SUPPORT
GE
SELL
BUY
SELL
RSTI
MOBO
BUY
BREAKOUT
MOBO
SELL
BREAKOUT
ERTS
ERTS
15 Sma
50 Sma
Two Day Chart
ERTS
No Sell Signals
DJ-30
2 DAY CHART
DJ-30 WEEKLY
DJ-30 MONTHLY
DJ-30 QUARTERLY
DJ-30 Hourly
DJ-30 HOURLY
BLUE ‘MEAN’
PRICE AVERAGE
DJ-30 HALF HOUR
WITH BLUE ‘MEAN’
DJ-30 FIVE MINUTE
WITH BLUE ‘MEAN’
SELL
DJ-30 ONE MINUTE
WITH BLUE ‘MEAN’
U.S. DOLLAR DAILY
GOLD DAILY
WITH BLUE ‘MEAN’
GOLD DAILY WITH TECHNCIALS ( SOAP)
DJ-30 DAILY WITH TECHNCIALS ( SOAP)
100 Sma
EELN WITH MOBO AND SOAP
BUY