Technical Analysis And Chart Interpretations: A...
Whether the transaction occurred by the actions of an exporter, a currency intervention from a central bank, trades made by an AI from a hedge fund, or discretionary trades from retail traders, a chart blends ALL this information together in a visual format technical traders can study and analyze.
Technical analysis and chart interpretations: a...
Stands for Bollinger Bands. It is a technical analysis tool defined by a set of lines plotted two standard deviations (positively and negatively) away from a simple moving average.The upper and lower bands are typically 2 standard deviations +/- from a 20-day simple moving average.It is believed the closer the prices move to the upper band, the more overbought the market, and the closer the prices move to the lower band, the more oversold the market. Approximately 90% of price action occurs between the two bands. Any breakout above or below the bands is a major event. The breakout is not a trading signal. 041b061a72