a graphical method of analysis “tic-tac-toe”
February 7th, 2008 | Published in Uncategorized
Thomas Jones, Dorsey – a graphical method of analysis “tic-tac-toe”
Who does not know what the graphics “tic-tac-toe”? Know all about them, or, at least, at least once heard about them. This exciting method of representing the behavior of market shares, futures or any other financial instrument is considered one of the most effective methods for graphical analysis. Why? Because there are more simple and at the same time a qualitative market research method. By all accounts, charts, tic-tac-toe “may prove invaluable in determining not only the support and resistance levels, but also to identify the phase of market development, as well as moments of breakthrough prices through important levels. With their help, you can easily identify the target area of the market, to filter false breakouts. Many rejects this type of analysis, believing that “all of this – another deception,” but those who have already bought the book, probably thinks that it’s worth taking time out to discover what these represent a very “tic-tac-toe” ?
Method Vaykoffa – Jack K. Hutson
The first statement of Richard Vaykoffa studying his method of stock analysis, published in the thirties, was quite simple and specific – forget everything ever used the decision factors. All you need to know is in the table of prices and volumes of shares in your daily newspaper. With this approach, a return to basics Vaykoff promised to show his students the “real rules of the game, in which so deftly played by wealthy investors with sufficient capital in the market. Despite the fact that it is difficult to imagine anything, especially the technology stock market, remain viable in the thirties to the present time “method of trading and investing in stocks” by Richard Vaykoffa passed through time, becoming a classic. Although in our computerized time is no shortage of magical techniques, technology Vaykoffa provides a firm basis for the analysis of fundamental relationships among the initial forces of the market. In this respect it is like pearls on a black dress in a woman’s wardrobe. This ornament, which will never become obsolete.