Recent content by Filou

The method is simple also. You find a high or a low and measure the first wave from that high or low. Then you use that distance in multiples to look for support or resistance. That's all there is to it. I think allot of people do this at some level with or without realising it. This simple idea...

I used to use square roots and the square of nine allot. I have replaced most of what I used to use it for with the simple measured move. P.S. I still think the square of nine is a great tool. Do you mind me asking what you are using instead?