Chapter 5

Charts of Chapter 5.4

Contrarian Trading at Price Bands, Price Channels


Market: FESX (5 minutes) January 2011
Price-Channel: Doncian Channel. A Moving average plus/minus a multitude or fraction of the AverageTrueRange (ATR)


Same market with a Keltner Channel, a TEMA plus 2 AverageTrueRanges (ATR).


That market and a Bollinger Band, that is a Moving Average plus minus 2 Standard Deviations.


Charts of Chapter 5.4