ExchangeBonds
Registered: Jan 2012
Posts: 175 |
07-25-12 04:21 PM
No one suggested using pivot levels or an ema as support and resistance. I agree those won't give you any valuable edge. You can use past price areas and then get into more specific areas with market profile.
The bollinger bands just help if price is in a strong trend. Treasuries as a general rule is a range type of market. It won't blow through many levels unless some news event has occurred, in which case you should be going with the trend. I have both the 2 and 3 standard deviation to give me a reference of is price getting too extended. The 2 is generally worthless by itself, but I find the gap between the bands gives good information.
|
