Archive for December 6th, 2009

Smart Volume Analysis

Sunday, December 6th, 2009

In previous posts I gave the Smart Money perspective for Candles, Chart Patterns and Indicators. Before moving on to the background study of charts, understanding price spread, and getting into strategies, I want to establish a clear understanding of what volume means. The definition of volume:In the stock market, volume refers to the total number of shares that exchange hands over any given time period.In any volume bar several types of transactions might be taking place all at once. They are : buying, covering short sells, selling, selling short. By itsself, volume only shows activity. VSA is not volume analysis, price spread analysis, nor volume and price analysis on a single bar or candle. For instance: high volume on an up move does not necessarily mean the next move will be up. There could have been hidden selling within that move. VSA teaches that weakness comes in on up moves and strength comes in on down moves. From my last blog post, remember: 1. Bullish volume is increasing volume on up-moves and decreasing volume on down-moves. 2. Bearish volume is increasing volume on down-moves and decreasing volume on up-moves.To Smart Money “accumulate means to buy as much of the stock as you can, without significantly putting the price up against your own buying, until there are few, or no more shares available at the price level you have been buying at. This buying usually takes place after a bear move has taken place in the stock market as a whole…The lower prices now look attractive.” [TW] This is a good time to incorporate Williams perspective on The Path of Least Resistance: 1. It takes an increase of buying (demand), on up-days or bars, to force the market up.The appearance of no Demand (low volume) on an up-move, shows little or no buying. Which means, if there is no trading going on in one direction, the path of least resistance is generally in the opposite direction.2. It takes an increase of selling (supply), on down-days or bars , to force the market down.The appearance of no Supply (low volume) on a down-move shows little or no selling pressure. Which means, if there is no trading going on in one direction, the path of least resistance is generally in the opposite direction.VSA is the combination of analyzing volume to price spread in the context of the background which includes the general market and multiple timeframes. It is within the context of the background that volume shows it’s weight in the final analysis: “It [volume] is often looked at for confirming evidence of price trend and price reversal patterns. For patterns such as triangles that are the product of a period of indecision or consolidation in stock price, volume is usually light during the formation of the pattern and increases on a breakout from the pattern. For any pattern or trendline penetration, a breakout with increasing volume is more an indication that prices will continue in the direction of the breakout than a breakout on low volume.” [Trade10.com]

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Hitting the Jackpot on Top Online Casino Sites

Sunday, December 6th, 2009

It does not make a difference what online casino you go for, you won’t come out on top every time. Web based gaming demands skill, knowledge of your game of choice and of course luck. To improve your prospects of winning there are a few basic tips that are worth looking over.

First off, take some time to gain a solid understanding of the fundamental principles of your preferred game. The odds of winning are massively boosted by understanding the basic rules of the game. Consequently, make the effort and analyze basic rules and concepts. Once you have mastered the basic rules you’ll likewise find it useful to watch successful gamers. Analyze the game rules and utilize each of them to uncover the soft spots for every last game. Just by knowing such exploits you will be able to spot particular advantages and pitfalls. When you realize the dealer is required to draw to seventeen and hold on seventeen in blackjack, for example, it can help you decide whether you should stick or chance another card.

When you are gambling online, it is sensible to discover which games are most likely to pay out. E.g., craps more often than not has better odds for the bettor than any other internet casino games of chance. Even so there are many situations where this is not the case. Coin-operated machines have the chances of winning adamantly fixed in favor of the operator, yet they pay out far more regularly, winning more all in all.

As a beginner, you must opt for the tables which cost the least to particpate in. By employing this tactic you can take part in more games and accordingly get more experience for your money. Gaming devotees who choose higher stakes games often exercise totally different tactics than those who bet at the lower stakes games. It is a good plan to watch how these games operate before playing them.

You can’t win on the online gaming casinos all the time, but it isn’t hard to increase your prospects with some help. In conclusion, if you would like to enjoy playing the top web-based gambling games and maximize your profits, consider these simple practical points.

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