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Opportunity Tape Reading Order Entry INTRADAY TRADES Position Size
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5-8-13 Bollinger Bands encase your intraday candles in a continuous feedback mechanism. At any point during the day, these settings reveal the strength and direction of the short-term trend in a single glance. Dynamic moves hug the 5-bar, healthy pullbacks strike the 8-bar and violations of the 13-bar signal a possible change in trend, as well as defining the axis between short-term bull and bear markets. Use BBs, 1st-hour range and charting landscape features to quickly locate cross-verifying execution targets. Open larger positions when more elements cross-verify, and smaller positions when setups rely on simple breaks or violations.
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