After such a steep decline, we are likely to see a pullback and a few days
of volatile price action.
Not exact matches
For the first few weeks, the
price action is
volatile and there can be quite a bit
of selling.
When an index, ETF, or stock approaches the level
of its 52 - week high (or multi-year high), the
price action often becomes a
volatile tug -
of - war for at least a few days.
As with $ YCS above, $ PALL was
volatile and marked by wide swings in the first few months it attempted to build a base
of consolidation, but the
price action of this palladium ETF has been contracting since July:
To put this
volatile price action in perspective, bitcoin was trading in the mid - $ 200s in September and much
of October.
Yesterday's highly
volatile price action, which followed sharp declines in the two previous sessions, was the leg down that saw the stock touch the 50 % retracement level
of the 2015 range.
The recent
volatile down - move was «signaled» by this setup and some
of the savvy
price action traders in my members» forum caught this move for a substantial gain.
This is part
of its popularity as it comes in handy when
volatile price action strikes.
In
volatile markets, the kind
of price action that moves the binary from 20 to 80 happens more quickly and more often.
Accordingly,
price action & return tends to be far more event - driven in nature — i.e.
volatile / significant share
price moves in response to good / bad news, results, or rumours, followed by long periods
of neglect — whereas large caps tend to enjoy far more steady & measured appreciation over time.
When the outcome
of the particular binary strike is still unknown, the
price action of the binary
pricing relative to the underlying
price movement can be drastically
volatile due to the All or Non
Knowing what kind
of market you are in and what works is the key to limiting losses when a
volatile tornado takes you out
of Kansas and you end up in OZ, where the
price action has changed dramatically.
As a
price action trader you should be especially excited about volatility, because
price action strategies thrive in
volatile market conditions due to the fact that they simply reflect the dynamics
of price movement and provide you with easy to identify setups which allow you take advantage
of volatility.
The following chart illustrates the
price action in a
volatile stock over the course
of a day's trading.
But most governments remain paralyzed, unable to take
action — even after years
of volatile gasoline
prices, repeated wars in the Persian Gulf, one energy - related disaster after another, and a seemingly endless stream
of unprecedented and lethal weather disasters.
There are four goals
of price stable Smart Coins (bitAssets)-- a relatively reliable solution to predict the future value
of a token, a predictable stable
price with reduced volatility, hedging against
volatile cryptocurrency markets and
price action, and a unit
of account distinct from assets with capital gains or losses (which has increased tax liability).
The SBP took the
action on account
of the following risks: • Virtual currencies are highly
volatile, unstable and the
prices are primarily based on speculations; • The failure and closure
of virtual currency exchanges and businesses for any reason, such as
action by law enforcement agencies; and • The number
of security compromises
of virtual currency exchanges and wallets worldwide in which large amount
of funds have been lost.