Articles

Bollinger bands are simply calculated by taking a moving average (usually 20 days) and then producing an envelope of an upper band and lower band, one standard deviation away.

Well it may appear that way. And as the US heads into a midterm vote and with the prospect of a hung decision – this is still seen as a positive for the markets and so they just keep pushing higher.

Most readers will now be aware of the startling performance we have seen from particular sectors over the past few months.

In last week’s Trading Tutors Newsletter I discussed the concept of trading in the currency markets with a long term outlook, looking for both growth and income from a position.

There are some very appealing arguments for the long term growth of the global economy.