About meFor more than 14 years I have been involved in trading and I know that it is good to know the relationships, but it is even better to have emotions under control. For about three years now, I have combined trading with my professional activity as an anal
Today is the first trading day this year where the index closed above the two standard deviation upper Bouhmidi-Band. This happens rarely and could be a signal for the start of a new bullish momentum heading towards december.
Todays intraday session shows how important Bouhmidi-Bands can be for day trader and specially options traders. We started with a break of 1st STD lower Bouhmidi-Band after that we saw a typical reversal back into the bandwidth. After us opening we see a typical volalitiy swift and impulse that put pressure on DAX and pushed back below lower Bouhmidi-Band. Still...
Two intraday long reversal signals in a row. The lower #BouhmidiBands seem to be a short term support level for Bitcoin. Yesterday and also today we reversed back into the bandwidth after testing lower BB.
Many Thanks for the feedback and following - Here are some updates that you wanted:
- update includes from now on the possibility to use not only the first standard deviation of the Bouhmidi-Bands, from now on you can also use the 2 standard deviation or an individual one like e.g. 1.6
- From default Bouhmidi-Bands a pinned to the right scale and are fixed now,...
We noticed a chartbook reversal short with Bouhmidi-Bands in DAX today. After Breaking the upper Bouhmidi-Band we created a short signal. With US opening we moved lower and started the reversal movement heading back and closing within Bouhmidi-Bands.