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Letters To S&C | FEB 2011
Letters To S&C
Author Duane Archer replies: Gw t is both a refinement and expansion of the old 50% measured move [AB=CD] rule. The propagation principle is an expansion allowing the creation of several templates for forecasting. The intersection and 3-C rules are refinements for delimiting possibilities and zeroing in on legitimate trade candidates. These are the three primary principles of Goodman wave theory, but there are quite a few more principles and rules. My article in the December 2010 issue was simply meant as an introduction.
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