/biz/ - Business & Finance

>>28772208
BB's are more for seeing breakouts from squeezes (areas of very low volatility) from what i understand, keltners are more for seeing how volatile of a move has been made away from the average. i feel like it's a lot more accurate for swing trading, look at the /ES recently for example.

i mean it's not perfect, nothing is, but it gives a general idea of what "low" and "high" are, and *most of the time* it's very accurate. personally i prefer to start DCA'ing at 5xATR under the 200 and buy more every 5x it drops below that for stocks i like (read: tech and semis mostly lol), but you could easily do it on the SPY too if you wanted.

i mean yeah sometimes the market does crazy shit (the softbank manipulation is a good example), but generally speaking with fundamentally solid stocks (read: not penny shits or other crazy low float shit that is easy to manipulate), you'll notice that this one indicator will call relative tops and bottoms quite frequently, or at least get close (thus the DCA'ing). either way, buy below the 200 hour MA sell above it, in whichever manner you're comfortable with. you have to match it up with FA though, i didn't touch the BABA dip because they fucked with xinnie the poo but to be fair if you held long enough it did work out as long as you were taking half off at least on a return to your entry price after DCA'ing from the 10x.