On Tuesday (21 August 2012) the US markets made new highs intraday, (relative to the peaks formed earlier this year), but by the end of the day prices had started a strong move downwards which continued until Friday morning (24 August). The result was that a new closing high was not achieved. I mentioned last […]
The US markets are poised for a reversal to the downside. Our analysis has been looking towards this peak ever since the identification of the 40-week cycle trough on 4 June 2012. Peaks are notoriously complicated when analyzing the markets according to Hurst’s Cyclic Principles because of the principle that troughs are synchronized (and therefore, […]
There are some weeks when the markets seem peaceful, benign even. Those are times when I become extra cautious, because they seem to me like the calm before a storm. We have been expecting a peak in the US markets and as they struggled upwards on waning volume this week I started to batten down […]
One of the most common misconceptions that we cling to when trying to understand financial markets is that news events cause the price movements of those financial markets. As a cyclic analyst I attribute price movements to the “cycles” (what those cycles actually are is open to debate, but the fact that they exist can be […]
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Hypothetical Performance Disclosure: Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.