RE: Beginners Questions
I am trying to understand the best approach to recognising signs of accumulation during a stage 1 phase or during a stage 2 trend when the trend pauses in a range -targeting the trader time frame. I currently look at the price movement ie. How far it moves compared to volume. If volume around or above average but price staying approx. Same then I see this as accumulation . Is this correct? Anything else I should look for? What about using level 2 price info? Thanks
