|
PureBytes Links
Trading Reference Links
|
The speed resistance fans and boxes can be useful if applied appropriately.
Some criticism lately has been that they are backwards looking. If a swing
point is used as the first anchor and the first reaction used as the second
point for the box, then the line extensions provide price targets.
Accompany the fan lines with a Stochastic and a few other things and the
probability of detecting a turn should be enhanced.
BoBr
Attachment Converted: "f:\eudora\attach\ESU0.gif"
|