Bollinger bands are an effective technical diagnosis tool that is used to part the volatility in the market. So what are Bollinger Bands? Bollinger bands are bands plotted above and below a curious average. The recommended curious average is the 20 period average that is an effective representation of the intermediate trend.
Technical Indicator
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Float Analysis: Powerful Technical Indicators Using Price and Volume (A Marketplace Book) Overviews
A complete guide to trading with price, volume, and float
Float Analysis explains how to use the Woods Cumulative Volume Float Indicator, the landmark concept in technical analysis that teaches the reader how to accurately determine when to purchase stocks. This groundbreaking book also contains all-new insights on how to understand and profit from these indicators, how support and resistance are redefined by this innovation, and how to implement these strategies into a high-growth portfolio.
Steve Woods (Hyattsville, MD) is the Executive Director of FloatAnalysis.com and has written a number of articles for various journals including Technical Analysis of Stocks & Commodities.
New technology and the advent of around the clock trading have opened the floodgates to both foreign and domestic markets. Traders need the wisdom of industry veterans and the vision of innovators in today's volatile financial marketplace. The Wiley Trading series features books by traders who have survived the market's ever changing temperament and have prospered-some by reinventing systems, others by getting back to basics. Whether a novice trader, professional or somewhere in-between, these books will provide the advice and strategies needed to prosper today and well into the future.
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What Are Bollinger Bands?
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