Articles for: Chart Patterns

So here we are sitting on the cusp if the June seasonal date and most traders and investors are thinking and reacting to the update by Bernanke. The US Federal Reserve is sending a hawkish message of the case for sustaining the record stimulus levels into the US economy.

Markets have periods of trends and periods of rest, just like you do when you want to go for a run. Sometimes, after a big move up or down, a market will reverse and go straight back the other way. But more often it will pause to gather its strength. This can be a challenging time for the trader, as good ABC trades are harder to come by.

Many years ago David Bowden commented that, “more often than not, the market will do just enough to mug you”.

What an admission! I really don’t know where the markets are going in the medium-term.

In his Commodities Course, W.D. Gann wrote about Double and Triple Tops and Bottoms, calling them strong levels of support and resistance.

Many Safety in the Market students have been stalking Australian banks recently, due to the nature of the setups on the bigger picture.

It is very much a cliché, but the world is really becoming a much smaller place. It would be hard to find someone who disagrees with this.

Welcome to this month’s Safety in the Market monthly newsletter. This month I’m going to help you come up with your own Price Forecast on the Euro, EC-Spotv in ProfitSource.

The deteriorating investment climate and recessionary environment of the last few years has had some interesting impacts on social behaviour and interests.

In the early 1980’s a trader and a psychiatrist were having an ongoing dispute as to whether great traders were born or created.