Daryl Guppy Chart Trading Video Interview Part 3/7

Below is the Daryl Guppy video interview by David Jenyns in October 2009.

David Jenyns: Pinpointing price volatility is a key method to clarifying break out patterns. This can be achieved by using a count back line. Its main purpose is to measure volatility. Then you need to identify a clear straight edge trend line. Finally, can the trend also be defined with a good GMMA? Combining these three methods offers a higher probability that the break out pattern is valid. If you choose to use these technique, part of your process is to find the stock that is most compatible with them.

 
Daryl Guppy Discusses Price Volatility - Part 3/7