The nature of the beast

Jan 11, 2004
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#1
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?
 
Jan 11, 2004
62
2
18
#3
bundbaby said:
Q, what do you mean by overshoots?
BB
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.