Technical Analysis of STOCKS & COMMODITIES
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Article Archive For Michael Daley
DownloadStudying Price Behavior by Michael Daley
ARTICLE SYNOPSIS ...Price behavior? Can you really read it? This article points out ways to look at price behavior to give you insight into possible consistencies, such as how much today's range typically overlaps yesterday's range. Not only that, how often does today's range not include yesterday's closing price? Being armed with such knowledge could help you to make trading decisions by knowing the characteristics of your favorite markets. It is a well-known fact that markets spend more time in sideways consolidations than they do trending strongly in a given direction. Regardless of what phase they are in, h...
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