24 March 2010 #1 E edho11 Joined 2 March 2010 Posts 8 Reactions 0 Hi, When people say that price is becoming parabolic, what is the underlying meaning to price? Does it mean the buyers are getting weaker? and vice versa for sellers?
Hi, When people say that price is becoming parabolic, what is the underlying meaning to price? Does it mean the buyers are getting weaker? and vice versa for sellers?
24 March 2010 #2 tech/a No Ordinary Duck Joined 14 October 2004 Posts 20,517 Reactions 6,759 Price generally falls just as fast as it rises in parabolic moves. Frantic buying is met by opportunistic selling. Here are 2 charts which give a good visual explaination. Attachments Parabolic.gif 23.9 KB · Views: 7 Parabolic 1.gif 29.1 KB · Views: 4
Price generally falls just as fast as it rises in parabolic moves. Frantic buying is met by opportunistic selling. Here are 2 charts which give a good visual explaination.