This is the thread that people discuss trading the open. I was new to posting on here and I apologize if I broke any of the 'rules'. Anyway I...
LOL. Don't know what else to say to the above. Yes it is useful in the Keltner channels but again these are not bollinger bands or keltners....
They are not random at all and do require an additional data source to calculate. Like any other indicator they do not always work but they...
Here is the last 6 trading days Probability Bands for Dow Jones. On 5/7 Small bounce of of 88% pLow. On 5/10 First major low made at 95%...
Here is the last 6 trading days Probability Bands for S&P500 using the SPY symbol. On 5/7 Low was made and held 3 times at the 88% pLow. On...
As I have said before, I didn't create these bands and I personally don't think they are even our best feature, however they do work and can...
Wrong. Most of the bands you are referring to are offset from a simple moving average of intraday price movement. The pivots are based on the...
Steve I totally agree with you. You can have the best system in the world and your fear of loss or greed can cause you to not execute it properly...
Hello, Here are the Probability Levels for tomorrow Monday May 17th, 2004. [IMG] 95H= 95% Probable High 88H= 88% Probable High 80H= 80%...
I could post 50+ charts every day where stocks or indexes/sectors bounce right off these levels. I didn't invent them and most traders do not...
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The software I use just has these probability band levels for the S&P, Nasdaq, and Dow, all major sectors, and 1,400 of the most commonly traded...
On Friday when I saw the Semis hit the 65% probability low band I looked at my list of Semiconductor stocks and noticed MXIM was also near its...
Actually these bands are totally UNLIKE Bollinger, Keltner, etc. Most bands that traders use are based on a moving average and the 'bands' are...
Hello Everyone, I have searched through many threads and can not find anybody else who trades using the Probability Bands. These are the...
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