alissa17Cam
01-04-2018,
Hi All,
Can anyone please provide an explanation on the Boxcar Effect as it applies to TA? I understand it has to do with price behaviour as a trend or maybe averaging period is finishing.
I came across the term in a review of Murphy's "Technical Analysis of the Financial Markets" - the tome was criticised for NOT describing this "important" phenomenon.
Can anyone please provide an explanation on the Boxcar Effect as it applies to TA? I understand it has to do with price behaviour as a trend or maybe averaging period is finishing.
I came across the term in a review of Murphy's "Technical Analysis of the Financial Markets" - the tome was criticised for NOT describing this "important" phenomenon.