Question regarding volume - price`

[bunny]

@ Raunak,
To understand some more concepts, you can also read Wyckoff's "Day Trading Bible". Don't go by the name. It explains some concepts beautifully.

http://www.rohanshenoy.net/stocks/downloads/DTB, 1919.pdf

 

[SwingKing]

@ Raunak,
To understand some more concepts, you can also read Wyckoff's "Day Trading Bible". Don't go by the name. It explains some concepts beautifully.

http://www.rohanshenoy.net/stocks/downloads/DTB, 1919.pdf

Thanks Bunny. I hope what we discussed is useful for the initiator of the thread.

Happy trading!

 

[bunny]

Thanks Bunny. I hope what we discussed is useful for the initiator of the thread.

Happy trading!

Sorry, that PDF file was not directed towards you. I mistakenly typed your name, where I actually wanted to superprogrammer's name.

BTW, going by your qualification, I think you must be acquainted with these processes. So do you have any idea how to identify accumulation and distribution areas?

 

[SwingKing]

Sorry, that PDF file was not directed towards you. I mistakenly typed your name, where I actually wanted to superprogrammer's name.

BTW, going by your qualification, I think you must be acquainted with these processes. So do you have any idea how to identify accumulation and distribution areas?

Well, any information is useful bunny. No matter how qualified one is. So, thanks for sharing it. :thumb:

I have my own way of identifying Acc/Dist and for it I don't use any indicator to draw 'conclusion'. I'll post my method of doing so in a couple of days with an example.

Tc