{"product_id":"v14-c03-apricea-pdf","title":"V.14:3 (103-105): A Price- and Volume-Based System by Alex Saitta","description":"TRADING TECHNIQUES\u003cbr\u003e\u003cbr\u003eA Price- And\nVolume-Based System\u003cbr\u003e\u003cbr\u003eTraders often use moving averages of just price to signal trends. Here's a moving\naverage system that uses price and volume for trading signals.\nby Alex Saitta\u003cbr\u003e\u003cbr\u003eN ot a month goes by that a trading magazine or technical analysis journal doesn't publish an article introducing a\nnew and more sophisticated technical idea or tool. As a result, there's a widespread assumption that old ideas and\nsimple tools are no longer applicable to today's markets - an erroneous assumption. The drive for ever-more\nsophisticated concepts and indicators notwithstanding, a trading strategy based on old ideas and simple technical\ntools can be profitable in today's markets.\u003cbr\u003e\u003cbr\u003eThe fundamental forces underlying financial securities tend to trend primarily due to the business cycle. As a result,\nsecurity markets tend to trend as well. Economic activity and bond prices are tied together, with the connection\nbetween them being demand and supply for credit. For instance, when the economy moves out of the recession\nphase of the business cycle and enters the recovery phase, the private sector's demand for credit increases. This\ncauses long-term interest rates to rise and a downward price trend to develop in the bond market. Then, as the\nrecovery strengthens and the economy cycles into the expansion phase, demand for credit grows, rates rise further\nand the downtrend continues.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133883249009,"sku":"\\V14\\C03\\APRICEA.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_a4cfe611-2c33-490f-9797-4d4170a3f2ff.jpg?v=1739655262","url":"https:\/\/shop.traders.com\/products\/v14-c03-apricea-pdf","provider":"Stocks \u0026 Commodities","version":"1.0","type":"link"}