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PSY TA thread, page-5

  1. 1,741 Posts.
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    Thanks for your diligence and generosity Seagull, it's always a pleasure to encounter such.
    The trend angles you mention are a useful addition to the Darvas box principles, even though your box analysis is coming from a different place. You mentioned the inverted chart idea the other day, have never played with that - so will have a look.
    Do you look at Fibonacci retracements at all with your box projections, apart from previous support and resistance.
    I have spent a bit of time with Elliot Wave but have been feeling that it is not such a great tool for small cap analysis because of a number of factors particularly volatility and lack of liquidity in many of them, not to mention their lack of cash.
 
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