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TFC Commodity Trading Forum

Re: BollingerBand settings
In Response To: Re: BollingerBand settings ()

Well, I generally use the same tools, on every time frame. The system is Fractal like that.

Weekly - this is how I choose what markets to be in in the first pace based on the 4 main set ups I use. These are Cross over of the 18 week MA, Enter the beginning of trend, day trades during the trend, outside the bollinger band trade and the contrarian trade. The beginning of trend, and the day trades during the trend are identical.

Daily - The daily chart is what I use to pick the trade for the day. Generally I don't trade if they disagree. However, the daily is a strong enough time frame to where i sometimes break the rules and do it anyway for really short hops in and out. I was trying to explain I see a potential rule breaker in the daily chart, but extreme caution is advised.