Articles

Welcome all Safety in the Market traders to this month’s dedicated newsletter. Well what a difference a month can make.

You’ll often hear it said that markets don’t just go up and down in a straight line. WD Gann and David teach us that a market will move up with a series of higher tops and higher bottoms and a market will fall with a series of lower tops and lower bottoms.

There is an old saying that the markets spend 80% of the time working out which way to go and 20% of the time getting there. Of course, as traders, we want to be trading the 20% and not the 80%, as that is where the money is to be made, but it is important to understand the characteristics of a preparation pattern.