Comment on Indicators (Part 2)

chidambaram commented on 04 Jan 2018, 08:02 AM

Hi Sir,
One more doubt regarding BB.
Should we need to validate the checklist points before we initiate the trade based on BB like candlestick pattern,volume ,R&S,etc or when the price touches the BB ,we can simply initiate a trade (without validating checklist),with the expectation that price will revert to average?
Why i ask this is whenever the price touches the BB , I find that price returns to Avg price very quickly ,that when i wait for the (15 mins )candlestick patterns and all other checklist points to confirm, i miss the movement entirely.

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