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lpbimo

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Everything posted by lpbimo

  1. Could anybody name the special features of unusual distribution/accumulation or place any graph to illustrate, please?
  2. If I got it right, it's impotrant to notice the closing price relatively to opening price. It's relation will tell about result vs. effort indication, i.e. if downward movement is accelerating at high volume, it's just another sign of weakness, because more people are willing to sell which pushes prices down=>much effort(high volume) caused much result(price falling much) on the downside (sign of weakness) On the other hand, if we got wide spread, high volume and closing price higher than the middle of the bar (if near to the open price or higher even better), market tells us that bears were willing to push prices down further but this met a strong support from bulls (whether it's temporary or not is a different question) who were buying on the low levels, pullingprices up=>much effort led to little result (which can be considered as a sign of strength), because asset was bought on the lows and closing price was near the tops Is that reasonable?
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