The nature of the beast

This is a discussion on The nature of the beast within the Commodities & Money Markets forums, part of the Markets category; Beast being Bund. I seem to see more but smaller overshoots, as if additional paper is dampening intraday moves. Has ...

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Old Oct 4, 2005, 6:07pm   #1
Joined Jan 2004
The nature of the beast

Beast being Bund. I seem to see more but smaller overshoots, as if additional paper is dampening intraday moves. Has anyone else noticed it changing in recent weeks?
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Old Oct 5, 2005, 7:25am   #2
 
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Q, what do you mean by overshoots?
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Old Oct 5, 2005, 7:36am   #3
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Originally Posted by bundbaby
Q, what do you mean by overshoots?
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Let's say we're in an uptrend intrday, making higher highs and higher lows. One "move" then is the difference between a low and the higher high that follows it. The "overshoot" would be the difference between two consecutive highs. Reverse in a downtrend.
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