Ep 85: Stock Snap Backs, Retracements, & Bollinger Bands
★ SUMMARY ★
In this lesson, what we’ll really focus on is more so why stocks snap back, and then of course more on Bollinger bands, a little bit on the basics of it.
We’ll talk a little bit on retracements because it kind of fits together, but we’ve talked about retracements and Fibonacci sequences in other modules, so in here, what I’d like to do is concentrate a little more on Bollinger bands, the basics behind them, but again, we’re only covering the basics.
I’ll probably need to do a more in depth, full lesson on just Bollinger bands. However, I think it’s more important that you concentrate and focus on price action, behavior, the volume of the stock, and the overall bigger picture, because that in the end matters much more.
The Bollinger bands are still lagging indicators, and it’s just an indicator that you can glance over. All those other indicators that are fancy and popular, they’re mostly lagging indicators and they’re driven from the price, the price spread, the range of that price, where it opens and closes, and it comes together and uses also volume and the basics behind that stock, and it creates a little bit of an indicator for you.
So in essence, if you know how to read price, the way that prices move, the range of those bars along with volume, you have all the indicators that you need. You really do.
We’ll just cover a little bit of these Bollinger bands and just give you some basics and then maybe in the future I’ll do a more in depth analysis of Bollinger bands.
Posted at: http://tradersfly.com/2016/05/ep-85-stock-snap-backs-retracements-bollinger-bands/
★ SHARE THIS VIDEO ★
★ SUBSCRIBE TO MY YOUTUBE: ★
http://bit.ly/addtradersfly
★ ABOUT TRADERSFLY ★
TradersFly is a place where I enjoy sharing my knowledge and experience about the stock market, trading, and investing.
Stock trading can be a brutal industry especially if you are new. Watch my free educational training videos to avoid making large mistakes and to just continue to get better.
Stock trading and investing is a long journey – it doesn’t happen overnight. If you are interested to share some insight or contribute to the community we’d love to have you subscribe and join us!
STOCK TRADING COURSES:
— http://tradersfly.com/courses/
STOCK TRADING BOOKS:
— http://tradersfly.com/books/
WEBSITES:
— http://rise2learn.com
— http://criticalcharts.com
— http://investinghelpdesk.com
— http://tradersfly.com
— http://backstageincome.com
— http://sashaevdakov.com
SOCIAL MEDIA:
— http://twitter.com/criticalcharts/
— http://facebook.com/criticalcharts/
MY YOUTUBE CHANNELS:
— TradersFly: http://bit.ly/tradersfly
— BackstageIncome: http://bit.ly/backstageincome
source
Thank you Sasha for your sharing your
knowledge and insights…
I've been learning a lot since I followed you….?
Thank you for lessons Sasha, I really appreciate. ????✌?️
How do you determine the moving average is it a math formula to find the moving average. Can you just trade options contract to make a profit without owning the stock?
Thanks again, greetings from the Netherlands
Hi Sasha, I just completed my collection of your books this morning when I got 'Profiting From Short Trading' in the mail, cant thank you enough for writing them and making these videos. I had been wondering what was your take on Bollinger Bands for awhile because I take an online course (sorry, I bought it before discovering tradersfly) where they discuss the various BB plays and just yesterday I made a nice profit from a stock that broke out of a squeeze. So yes, I'd love to see you do a more in-depth video about the bands. Im planning on booking a coaching session next month so, talk soon!
Thank you Sasha. Its again… Greeeeat video lesson. Good to have you as my teacher and mentor. But you know what guys even if you did learn a lot from him. Just go and practice. Practice makes perfect. I think this is should be the lesson number one. Go and trade. And if you do mistakes learn from that, dont be one of those fools. Stay hungry and keep going… Thanks Sasha.
Webinars sound great, hopefully I can get the right timing when they are live. Fantastic of you to spend your time for the benefit of your audience. Is their anything we can do to help besides sharing and/or buying. Time is the most precious thing it would be nice to give back some time to you. You have definitely saved me a lot of time in learning trading at an extremely accelerated rate.
Thx Sasha.. nice video.. I think open interest is also important along with Volume and price ..
Thanks I like your teaching style. Can u do a video on vwap?
Thanks Sasha.