Quote Originally Posted by rupiter View Post
So, if I understand you correctly, all I need to do is to pick all more or less noticeable peaks and calculate the average? And the criteria what peaks I choose for calculation is fully discretionary?

Attachment 35052
Yes, that is basically it.
The average peaks is used to evaluate the current accumulation comparatively to a past average of "strong" accumulation. The result is that you know that today's accumulation is "weak", "strong" or "very strong".

You do not need an exact "line in the sand" type of method, because there is no such a thing in trading.
It is all blur and uncertain.

You'll also need to put your "accumulation" in context with the sector, the market, the fundamental elements such as earnings dates, dividends, etc... to try to see why the accumulation is strong.



Pascal