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Impulsive wave
Impulsive wave A term used in the Elliott wave theory to describe the strong move in a stock’s price coinciding with the main direction of the underlying trend. These impulse waves are shown in the illustration below as wave 1, wave 3 and wave 5. Impulse waves also refer to the strong downward movements in a downtrend. Impulsive wave
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Mcgraw-Hill, The Triumph Of Contrarian Investing – Crowds, Manias, And Beating The Market By Goin
Contrarian investing what it is, how it works, and why millions of successful investors see it as the only logical choice”(Davis is) one of the most widely respected technical market analysts operating today.” Louis Rukeyser. Contrarians say that, when it comes to investing, the crowd is wrong more often than it is right and prove […]
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Wayne A. Thorp – Measuring Internal Strength – Wilders RSI Indicator
RSI Indicator Wilder’s relative strength index measures a stock’s price relative to itself over time. Its popularity lies in its versatility in identifying market extremes and illustrating points of divergence that may indicate an approaching reversal of price trend. . . . . RSI Indicator bestforex