Do you use the Fan Principle?

Discussion in 'Technical Analysis' started by Price+Volume, May 1, 2006.

  1. Just wondering if anyone here relies on the "Fan Principle" as described by John Murphy and other authors. I've been playing around with it's quite effective at pointing trend-reversals in almost all time frames...

    Please let me know if you use it or have any extra material that I could read to futher explore this concept.