Hi all
In my previous post sample of what is Darvas Box is posted.Now we will discuss using it with other indicators.
Darvas boxes can be used with Vol and EMAS to confirm trend.When the volume is high a breakout usually happens,i.e Prices cross the Top of the box.A high volume breakout of resistance confirms uptrend.Period of average volume shows the trend is neutral.Prices usually move within a range -between Supp and Res during this period.
ACC FROM JAN1 2009 TO JUNE 23 2009
ACC FROM JAN1 2009 TO JUNE 23 2009(WITH EMA)
In my previous post sample of what is Darvas Box is posted.Now we will discuss using it with other indicators.
Darvas boxes can be used with Vol and EMAS to confirm trend.When the volume is high a breakout usually happens,i.e Prices cross the Top of the box.A high volume breakout of resistance confirms uptrend.Period of average volume shows the trend is neutral.Prices usually move within a range -between Supp and Res during this period.
ACC FROM JAN1 2009 TO JUNE 23 2009
ACC FROM JAN1 2009 TO JUNE 23 2009(WITH EMA)
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