Ho Rien, I think I'm catching on. Don Carlson has been preaching to me about ZigZags for a long time, but I thought he was talking about "roll your own" papers. 
Okay, so here's Stake Tech., the stock who's graph I showed before.
http://stockcharts.com/def/servlet/SC.web?c=STKL,uu[h,a]wahlyyay[df][pg35][vc60][iLk]&pref=G
I set the graph for three years (my normal viewing period), set it for "Weekly" and set the "RETRACE Zig Zag" to 35%.
against my own history of AIM trades:
and the equity/cash stacked bar graph:
I think a light is coming on in the back of my head in some dim corner! Note I've also included the Williams%R graph for comparison. In general it's done a pretty good job of confirmation of Buy and Sell periods.
Best regards, Tom
Okay, so here's Stake Tech., the stock who's graph I showed before.
http://stockcharts.com/def/servlet/SC.web?c=STKL,uu[h,a]wahlyyay[df][pg35][vc60][iLk]&pref=G
I set the graph for three years (my normal viewing period), set it for "Weekly" and set the "RETRACE Zig Zag" to 35%.
against my own history of AIM trades:
and the equity/cash stacked bar graph:
I think a light is coming on in the back of my head in some dim corner! Note I've also included the Williams%R graph for comparison. In general it's done a pretty good job of confirmation of Buy and Sell periods.
Best regards, Tom
Port Washington, WI 53074
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