Wednesday, October 19, 2011

After eXceptional Volatility

After exceptional volatility the past 2 weeks, one could look at today's trading and only play boundaries.

Bollinger Bands are expanding so this means two things. One a big reversion to the mean is coming, or we are going into a range exapnsion period. Be careful to reassess your binary options strategy everyday adjusting to what way the market is trading everyday. Sounds simple, but this concept is not and is difficult to actually execute. People get caught in their market bias.

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