Investor / trader
November 7th, 2008 | Published in Uncategorized
Investor / trader
The investor / trader can maintain a large number of graphs Vaykoffa without a plan of action. But the method of logical progression from the graphs of the total market to groups and further to the individual shares. Investor / Trader, practicing the method Vaykoffa limit its work with the schedules so that most of their time is devoted to the study and interpretation of their records. At the same time, they are a sufficient number of charts to give yourself a choice and a broad perspective of trends.
Introduction to the method Vaykoffa begins with a vertical and curved graphs that complement each other. Vertical graphs describe the direction in which the action moving, the group or the market, while the graphics of figures only indicate how far they should go. The construction of these graphs requires only graph paper and the stock price in the daily newspaper.
Vertical graphic record daily high, low and closing price plus the volume of trade in individual stocks, index shares, or groups of leading market indices, depending on their destination.
Lines of price and volume show how during the day passed battle between the bears and bulls, and the closing price indicates the result of this battle. If the closing price is connected by a continuous line, they show a net movement of the market.
Price movements on the vertical graph shows the supply and demand, points of resistance and support, as well as the trend, while changes in the volume describe the intensity of trade and the quality of purchases and sales. However, the price and volume signals on the direction of future movements – when the stock is ready to pounce when the movement reaches its climax today, and what phase – for purchases or sales, you need to go long or short.