If you are a forex trader, you have probably used Bollinger bands to monitor for breakouts and follow trends. Bollinger bands give unique insights into the price, oversold and overbought levels, volatility in the forex and futures, and stock markets.
Criticism Toward Fundamental and Technical Analysis in Trading
The use of Fundamental and Technical analysis has been the subject of controversy for a very long time. There is still no consistent empirical evidence to prove which one works better and to what degree. First, let us look at a brief definition of each strategy and the relevant applications. Overview In principle, fundamental analysis…
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