How to determine a buyers or sellers market on a day?
- Thread starter thanam
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If the price is going up, there is more demand then supply. and visa versa. there isnt anything else that shows you this.
understand yr point NS ----- but 'time' can alter that position relative to price depending on the instrument being traded ----
ie.
1) not if its short covering
2) not if the deep pockets arent involved
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simple answer ................
watch the action ...often a stock is propped or "scared" into where the buyers/sellers want it and reading the games can only be done by watching it trade by trade
watch the action ...often a stock is propped or "scared" into where the buyers/sellers want it and reading the games can only be done by watching it trade by trade
tech/a
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https://www.aussiestockforums.com/forums/showthread.php?t=14011
Learning how to read a chart is the best in my view.
Learning how to read a chart is the best in my view.
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thanam,
Totally agree with naked short. If the price is up that is a buyer's market. This is the only way.
Totally agree with naked short. If the price is up that is a buyer's market. This is the only way.
Sunday 25 January 2009
thanam:
tech/a's reference would be a good read for you to
begin understanding the reationship between price
and volume. It is a complex one, and an art form,
not one reduced to mechanics, or a fixed method.
A similar bar and volume can have significant difference
in a market that is trending in one direction when at one
area of the trend v a different area of the same trend.
As well, a similar bar and volume can have one meaning
in one trend, and a different meaning when the trend
is in the opposite direction.
A small range bar with average volume could have no
meaning, at one place, a resting spell, for example,
yet have a significant meaning near a top or bottom.
Plus, a sinble bar and volume has more significance
when it can be seen to reflect a pattern of the
developing market activity.
Reading price/volume behavior is a sophisticated endeavor,
and to reduce it to a simple observation would be very
misleading.
Best answer? No easy one.
Cheers!
thanam:
tech/a's reference would be a good read for you to
begin understanding the reationship between price
and volume. It is a complex one, and an art form,
not one reduced to mechanics, or a fixed method.
A similar bar and volume can have significant difference
in a market that is trending in one direction when at one
area of the trend v a different area of the same trend.
As well, a similar bar and volume can have one meaning
in one trend, and a different meaning when the trend
is in the opposite direction.
A small range bar with average volume could have no
meaning, at one place, a resting spell, for example,
yet have a significant meaning near a top or bottom.
Plus, a sinble bar and volume has more significance
when it can be seen to reflect a pattern of the
developing market activity.
Reading price/volume behavior is a sophisticated endeavor,
and to reduce it to a simple observation would be very
misleading.
Best answer? No easy one.
Cheers!
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