Normal
I use Price, Volume and OBV to gauge the market. I'll look at support and resistance zones and see what the volume is doing. OBV tells me whether it's buying pressure or selling. Rising OBV tells me accumulation is taking place. Don't use any other indicators except a simple MA on the occassion.I think your Bollinger Bands may definitely be of use. They're not a bad indicator.
I use Price, Volume and OBV to gauge the market. I'll look at support and resistance zones and see what the volume is doing. OBV tells me whether it's buying pressure or selling. Rising OBV tells me accumulation is taking place. Don't use any other indicators except a simple MA on the occassion.
I think your Bollinger Bands may definitely be of use. They're not a bad indicator.
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