I am studying one interesting book that has a lot of fresh ideas for me, but I am not a fan of authors writing skills and explanations. English is not my native language and although I understand every word of the sentence, I just can't get the whole picture...
"Simply described, valise is a series of four closing price comparisons - at a price bottom, the most recent closing price is less than the previous trading day's close, and the trading day prior to the lowest close is an up close compared to the close two days before the lowest close, and both the trading days immediately prior to the up close are down closes versus each respective previous trading day's close."
Thanks!
"Simply described, valise is a series of four closing price comparisons - at a price bottom, the most recent closing price is less than the previous trading day's close, and the trading day prior to the lowest close is an up close compared to the close two days before the lowest close, and both the trading days immediately prior to the up close are down closes versus each respective previous trading day's close."
Thanks!