All in all, Bollinger on Bollinger Bands is a gem...within 10 minutes of opening it, it went on my list of the five best technical analysis books ever - Active Trader. This is the first comprehensive traders guide to using Bollinger Bands from the man who created them. It includes a handy Bollinger Bands reference card. Over the past two decades, thousands of veteran traders have come to view Bollinger Bands as the most representative and reliable tool for assessing expected price action. Now, in the long-anticipated Bollinger on Bollinger Bands , John Bollinger himself explains how to use this extraordinary technique to effectively compare price and indicator movements.
Traders can look to this techniques-oriented book for hundreds of valuable insights, including: analysis of the primary indicators derived from Bollinger Bands percentage b and BandWidth; how traders can use Bollinger Bands to work with instead of against commonly encountered trading patterns; strategic use of Bollinger Bands in short-, mid-, and long-term trading programs; three trading systems based on Bollinger Bands; and, the essence of successful investing is to determine when a stock s price is too high or too low and then act accordingly. While John Bollinger would be the first to argue that no techniques exist for definitively determining these levels, Bollinger on Bollinger Bands presents an insider s examination of the one tool that if its widespread popularity is an accurate judge of its effectiveness comes closer than anything else. Concise yet comprehensive, it is one of today s truly indispensable investment guidebooks. The purpose of this book is to help you avoid many of the common traps investors get caught in, including the buy-low, sell-high trap where the investor buys only to watch the stock continue downward or sells only to watch the stock continue upward. Here, the traditional, emotional approach to the markets is replaced with a relative framework within [...]