V.7:12 (437-437): ELLI-VOL II by James S. Gould, Ph.D.

V.7:12 (437-437): ELLI-VOL II by James S. Gould, Ph.D.
Item# \V07\C12\ELLIVOL.PDF
$2.95
Availability: In Stock

Product Description

ELLI-VOL II by James S. Gould, Ph.D.

ELLI-VOL II is a trading/timing method combining a stock's (or index's) daily closing price and trading volume to derive a daily trading signal, presumably indicating when to open or close a current position or to stay out of the market.

The program's underlying logic is based on the amount of volume required to "move" a stock's price. In theory, a half-point price move on 8,000 shares is less significant than a similar price move on 15,000 shares because price-volume relationships portend accumulation/distribution activity. Additionally, an increase (decrease) in price accompanied by high volume is bullish (bearish) while a price increase or decrease accompanied by low volume is not as important. Most traders would agree, however, that these relationships are not always true (especially at "critical" points in a price move) and that there is more to successful trading than these price-volume relationships.




FOR THOSE ORDERING ARTICLES SEPARATELY:
*Note: $2.95-$5.95 Articles are in PDF format only. No hard copy of the article(s) will be delivered. During checkout, click the "Download Now" button to immediately receive your article(s) purchase. STOCKS & COMMODITIES magazine is delivered via mail. After paying for your subscription at store.traders.com users can view the S&C Digital Edition in the subscriber's section on Traders.com.




Take Control of Your Trading.
Professional Traders' Starter Kit
All these items shown below only $299.99!
  • 5-year subscription to Technical Analysis of STOCKS & COMMODITIES, The Traders' magazine. (Shipping outside the US is extra. Washington state addresses require sales tax based on your locale.)
  • 5 year access to S&C Archive
  • 5 year access to S&C Digital Edition
  • 5-year subscription to Traders.com Advantage.
  • 5-year subscription to Working Money.
  • Free book selection.
  • Click Here to Order