StairStops Using John Magee's Basing Points to Ratchet Stops in Trends: Using John Magee's Basing Points to Ratchet Stops in Trends
W H C Bassetti (Golden Gate University San Francisco USA)
StairStops Using John Magee’s Basing Points to Ratchet Stops in Trends: Using John Magee’s Basing Points to Ratchet Stops in Trends
W H C Bassetti (Golden Gate University San Francisco USA)
Describes a robust and powerful method for setting rising (or falling) stops in trends. Using wave analysis similar to Dow Theory it is a virtual algorithmic, but natural, method for trend following.
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