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Friday, November 18, 2005

Using Forex Technical Indicator: Bollinger Bands

There is two line, upper line (Moss Green) and lower line (Pink). The closer the price to Upper line (or even crossing it) the more likely the price to go down. and in vice versa. use the MA (moving average) indicator as a middle line to make it easier to jugde wether the price is closer to upper line or lower line. This is one of many indicator I ought to use hehehehe.....

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