Bollinger Bands® Message Board

[jonathanseale@yahoo.com]

Ok, not totally new to BB bands but I'm really impressed with how many days in advance this guy anticipates breakouts and the accuracy to which he does it! I just can't seem to figure out how he's doing it, even after reading all the criteria, etc... I even bought the book. I recently was experimenting with some skill buying VS's after the trading range is broken. But he's calling these breakouts DAYS before I would even dare to bet. How is it done? Anyone? Thanks in advance!
Jon S.

[bbands@bollingerbands.com]

Would the "this guy" that you are referring to be me?

If so, if you cite a couple of examples, I'll try to explain.

jab

[jonathanseale@yahoo.com]

Wow! What an honor it is to be able to confer with you sir! Ok, some VS examples follow:

BITS- you called a sell signal on 2/18 but it didn't bust down out of the squeeze until 2/24.

KNOT- you called a sell signal on 2/18 also, which actually was an up day, and it resolved downward on 2/19. How did you know?

KVHI- you called a sell signal on 2/19 when it was very close to the middle Bollinger Band, and it's been trailing down ever since.

Are you using other indicators like RSI and MFI, as you mentioned in your book, as a guide of which way these squeezes will resolve? What are you using for buy and sell signals? Thanks very much for your time.

Jon Seale

[jonathanseale@yahoo.com]

Mr. Bollinger,

I think I figured out what's going on. The call or buy signal is when the BB is breached, correct? I was confused by the dates next to the stock symbols. Anyway, still very impressive work. I am loving your book! Thanks!

Jon S.

[bbands@bollingerbands.com]

Well, it is sometimes possible to work out the odds on which way a breakout from a squeeze will occur. We used to rely very heavily on volume indicators, but I think that some of the newer trading operations have made them less reliable than in the past, so now I would rely more on price patterns and indicators based on price. The BoBB site presents several price-based indicators that we have found to be useful in this regard.

I hope you enjoy the book,

jab

[jonathanseale@yahoo.com]

I'll definitely check out the new indicators to which you are referring. Thanks soooo much! Sorry, but I'm a little star struck. Thanks again for your time.

Jon Seale

[parkermfcc@comcast.net]

Hi John,
In Jonathans send he was reporting on how you were making some great trades and he was impressed. I am simply wondering where he was watching this trading occur. I need all the help I can get and if there is a forum out there to be watched, I would like to do so. Thanks.
Christopher Parker

[jonathanseale@yahoo.com]

Parker,

We were discussing the Volatility Squeeze Breakout List on the Bollinger on Bollinger bands website. If you're not familiar with volatility squeezes, you might profit from learning about it, literally. His book explains pretty much everything there is to know. Except now, he says that price indicators/patterns are more revealing than volume indicators as suggested in the book. If you're looking for a great site where you can learn about trading, try stockmarketmentor.com by Dan Fitzpatrick. He's a great teacher and, I think, had the opportunity of working with Mr. Bollinger himself. Take care and good luck trading.

Jon Seale

[bamaman49@hotmail.com]

[bbands@bollingerbands.com]

Sure, as long as there is a point to the post, something germane and relevant. Touts are not welcome, but anything we can discuss and learn from most certainly is.

best,

jab

[bamaman49@hotmail.com]

[bbands@bollingerbands.com]

One thing that comes to mind is the use of classic chart patterns in diagnosing a Squeeze. For example, your chart depicts an ascending triangle, a pattern noted for it bullish connotations.

best,

jab

[bamaman49@hotmail.com]

[BridgesTyler20@gmail.com]

Thanks a lot,

[notthecraw@sbcglobal.net]

Hi Dr. Bollinger,

I want you to know that I purchased your book, not only based on the data you presented on the PFG Best webinar, but also because of your demeanor. I further experienced great responses from you on the BoBB message board and so because of that encouragement, I took the plunge and registered. Your personal commitment speaks volumes and I thank you ahead of time for your support.

I will work real hard to figure things out so that I don't inundate you with questions. Being new here, I do have a few that I haven't figured out yet, so I'll list them as well as give you a little more information on what I'm looking at. If you happen to spot any symbols from my list that you are interested in or specifically relate to aspects on your site, I would appreciate if you could tag them for me.

The tickers I'm looking at currently are:
AFL
AGQ
CRUS
EWP
CALM
NKA
SSO
STD
TQNT
UYG
V
VZ

Now my initial questions, only after not finding definitions on the site. They may be there, I just might need direction to where they are:

1. I'm looking at SPX but don't find the technical criteria (confirmed breakout, reversal, etc). Is that available on the site?

2. In this thread, you mentioned price based indicators that might be helpful to identify in which direction a squeeze breakout might occur. I'm having difficulty finding that criteria or maybe I'm just a moron! Anyway, a lot of info is here but I maybe just haven't found it yet.

3. Specifically for FTT, interday edge sequence gives 100% probability of next day price when using a length of 8 but less than 50% when using a length of 4. What is the Length and how is it best to adjust, if that is possible to answer?

4. What is the difference between interday and intraday and as far as using them on the edge sequence page?

Again, if any of these definitions are already on the site, just direct me and then I will only ask if things are unclear.

Thanks very much.

~Dan