What I learned from this month of Trading.
1. Orders in waiting, when a stock is up on news, down on news, down on a large bar or up on a large bar. The order becomes invalid and I can move on to the next. (INTC, EBAY)
2. The larger the the Bollinger Band, it's not necessarily better. Therefore expanding, but very large BB only get a rating of .85, because it shows the potential of a new trend against my entry. (X)
3. For BB trades, the final candle has to be .6 or greater. That candle has such influence that a .55 candle will pass, but will not really have trigger an entry. (HLF, NUE)
4. The BB pattern has to be beautiful, meaning the large trigger has to be close to the BB, not somewhere in the middle (CME)