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• Surfing Your Position With Wave Stops by E. Labunsky and T. Hamilton

  ARTICLE SYNOPSIS ...Surfing Your Position With Wave Stops by E. Labunsky and T. Hamilton When is a good time and place to exit a position? Whether inspired by Ralph Nelson Elliott's works or by just a casual observation of a price chart, you can't help but notice how prices advance, then pause and correct in a wavelike action. What if you could take that basic price movement on the part of buyers and sellers, supply and demand, and use it to manage your position? That is the basic objective of wave stops, the method I developed to determine a good time and place to exit a position. WAVE STOPS Wave stops are...

AUTHOR: E. Labunsky and T. HamiltonDATE: SEP 2009SUBJECT: Trading Systems