Let’s start with what all trading is about: buying low and selling high – or in the case of short trading – the reverse – sell high and buy back low.

Generally speaking, with respect to time, all trading is based on the same principle: Find a […]

Technical Analysis vs Fundamental Analysis

I have to admit it – after thirty plus years of studying technical analysis – and after writing three books on the subject – I am still swayed by market fundamentals. An example occurred just recently.

My technical analysis system suggested that a large move up […]

Mid December I came down with a virus – I call it “The creeping Crud” because it acts slowly, but over a long time and makes you feel bad – not really sick – just cruddy. Since the first of the year I have slowly begun to feel better but have not been trading. […]

Why my FOREX workspace is set up with three charts of different time frames.

This probably the most often asked question about my trading method. I was explaining it the other day to another trader and for the first time I used weather forecasting as an example. That Trader seemed to pick up […]

I haven’t written a post in several weeks. One of the nice things about being semi-retired is the possibility of simply not working for a while and relax for a bit. I have been doing precisely that. But all the while I have been watching the markets, FOREX in particular, take a wild ride […]