Articles

It has been a dramatic few weeks on global stock markets. The impact of the credit crunch and years of easy debt, that is simply not available now, is really starting to hit home.

It is times like this when many traders are apt to ‘throw out the baby with the bath water’. Or in another manner of speech they ‘throw’ in the towel.

To paraphrase the Ralph Waldo Emerson quote with which W.D. Gann opens his first book, The Truth of the Stock Tape, no man can learn what he has not prepared himself to learn.

Let’s look at what we can do with a Calendar Spread, after expiration of the first short month, and try to eliminate as much risk as possible as the trade progresses.

US
This was a big week in terms of economic news.