V.8:1 (40-43): Increasing OBV reliability with stock index futures by Gerald Appel

V.8:1 (40-43): Increasing OBV reliability with stock index futures by Gerald Appel
Item# \V08\C01\INCROBV.PDF
$3.95
Availability: In Stock

Product Description

Increasing OBV reliability with stock index futures by Gerald Appel

Traders have used volume pattern recognition techniques in an attempt to forecast price movement probably for as long as records regarding trading volume have been maintained.

As a general rule, a market is considered bullish when it rises on increasing volume and declines on decreasing volume, and bearish when it advances on lighter volume and declines on heavier volume. Unfortunately, such rules are somewhat simplistic and subject to many exceptions. For example, a situation where volume is diminishing as markets are advancing is not necessarily followed immediately by downside reversal, although diminishing volume during advances does often provide notice of diminishing buying pressure a reliable enough concept, if not exactly precise in its timing and application.

Many attempts have been made over the years to codify trading rules based on volume, though few have been successful. One of the best known is Joseph E. Granville's on-balance volume (OBV) technique.




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