The average volume of a security over a longer period of time is the total amount traded in that period, divided by the forex flag pattern trading of the period. Therefore, the unit of measurement for average volume is shares per unit of time, typically per trading day.
Trading volume is usually higher when the price of a security is changing. News about a company’s financial status, products, or plans, whether positive or negative, will usually result in a temporary increase in the trade volume of its stock. Shifts in trade volume can make observed price movements more significant. Higher volume for a stock is an indicator of higher liquidity in the market. In the United States, the Rule 144 of the Securities Act of 1933 restricts the buying or selling of an amount of a security that exceed a certain fraction of its average trading volume. Therefore, the calculation of the trading volume is regulated by the SEC.
The Trading Book: A Complete Solution to Mastering Technical Systems and Trading Psychology. This page was last edited on 3 May 2018, at 13:02. Flag Watch a video on the Flag Chart Pattern as well as the related Pennant Chart Pattern. The Flag pattern usually occurs after a significant up or down market move. After a strong move, prices usually need to rest. This resting period usually occurs in the shape of a rectangle, thus the word “flag”. Flag Potential Buy Signal When price has moved higher and prices have consolidated, creating a channel of support and resistance, a potential buy signal is given when prices penetrate and close above the upward resistance line.
Flag Potential Sell Signal Assuming prices previously moved downward, then after a period of price consolidation, a potential sell signal is given when price penetrates and closes below the support line. The information above is for informational and entertainment purposes only and does not constitute trading advice or a solicitation to buy or sell any stock, option, future, commodity, or forex product. Past performance is not necessarily an indication of future performance. I came across this unbiased Guy Cohen’s flag traders review article from goarticles. Guy Cohen’s stock trading course package using bull flag and bear flag chart patterns. I agree with most of these reviews, but not sure about the 10 cds as there are only 8.