Friday, March 30, 2007

 
Trading Education Tutorial
Courtesy of Nirvana Systems

Consolidations





Sideways Movement Gives Indication of Future Price Direction

A consolidation is a place where buyers and sellers are very closely matched in numbers. As the battle ensues, others notice that the market is consolidating, and begin considering to get on board. As soon as a break from the consolidation occurs, the latent buyers or sellers usually begin taking positions.

Read More...

Comments: Post a Comment



<< Home

This page is powered by Blogger. Isn't yours?