I AM NOW CONVINCED THAT THE FED IS AN ILL CONCEIVED INSTITUTION CURRENTLLY RUN BY IVORY TOWER IDEALISTS WHO CANNOT CONECT TO REALITY.

I was raised in the country and generally believe that if something doesn’t work doing more of it is not usually the wisest course of action. Virtually zero interest rates […]

Okay, I agree, a picture is worth a lot of words. A friend of mine called me up and complained about the article on FMP. He just wasn’t able to visualize what I was talking about. After reading the article again, I agree. It is not easy to visualize. Probably because FMP is a […]

AS technical traders we tend to discount fundamental data in the short run – but any trader must know that fundamental data has a profound effect on markets over the long run. So we would like to introduce a term into the vocabulary of the short term trader a new term – fundamental data […]

I use three intra-day charts with different time frames routinely for analysis purposes. The slowest one is designed to display 10 -15 bars per day (easy for me to set up because I use only tick bars – not minute bars). The second one is ten times faster than the first – producing about […]

For several years I worked in the technical support group of leading security price charting developers; first with Windows on WallStreet and later with TradeStation, after they acquired WOW.

I had the privilege of talking with traders – working with large accounts and with small accounts – and from all parts of the […]

As a predominantly technical trader I do not usually place a lot of emphasis on the fundamental data that exerts pressure on the FOREX markets. But at times, and we are in such times right now, a technical trader needs to be keenly aware of the influence of the pressure on the markets exerted […]