Combinations of vertical graphs
November 1st, 2008 | Published in Uncategorized
Combinations of vertical graphs
The goal here – to compare your graphs of groups with market activity in your trend charts and find the group, strong in a weak market or weak group, when the market is strong. The reason is simple: In a weak market for buyers, obviously, there is reason to believe that they can sell later at a higher price. On the other hand, the group was extremely weak on the strong market, points out that someone knows some of its shortcomings, and therefore sells. Whether it’s selling out of necessity or to take profits, the result is the same.
Graphs figures describe the movement of prices on only one of a number or figure to another. They do not recognize the fractional price changes. s purpose – to assess the likely demand and supply, as well as the point of resistance and support.
Graphs of the figures used in combination with vertical graphs, to draw a precise map of the future movement. Vertical schedule is like a compass indicating the direction and schedule of the figure shows how far will this movement.