Bollinger Bands

By: Chris Verhaegh

In this video clip from Chris Verhaegh's PULSE System DVD, Chris addresses how technical analysis deals with price action. He specifically outlines how he uses Bollinger Bands with only one setting using 2 standard deviations. Chris explains how the Bollinger Bands do not predict the direction of the stock's movement, but will show the outlier of a dataset; thus, allowing us to be ready for the possibility of large price moves outside of the bands.


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