The Windfall Profit: When to Take It and Run
When news sends a trade most of the way to target soon after entry, Goodman traders may go off the book. Michael Archer on the Windfall Profit and…
20 Jun 2025 · 2 min read
Old AI vs New AI: Jonathan’s Wave Expert System
Before today's AI craze, Michael Archer built Jonathan's Wave, a 1980s expert system for commodities based on Goodman's Market Environment. Here is the story.
19 Jun 2025 · 4 min read
Second Chance Entry in Goodman Wave Theory (Don’t Panic)
Missed your first entry? Learn how Goodman traders use the Second Chance after a Dagger entry in Goldilocks and Molokai Setups.
19 Jun 2025 · 4 min read
Reverse Pigtail: Charlie’s Lesson on Chart Formations
Charlie Goodman read chart formations as buyer-seller struggles. Learn the seven-step Reverse Pigtail, how to enter it and set the objective.
14 Jun 2025 · 5 min read
The Pigtail and the Weak Sister: Two Goodman Spot Plays
Two Goodman spot plays explained: the Pigtail, a parallelogram hinting at a lower-time-frame 1-2-3, and the Weak Sister, a warning inside a Setup.
13 Jun 2025 · 5 min read
Most Likely Consequent: Charlie Goodman’s Chart Lesson
Why did Charlie Goodman keep a drawer of new brassieres? A story of kindness that became a lesson in the 'most likely consequent' of a propagated 1-2.
13 Jun 2025 · 3 min read
The Goodman Return Point: A Quick Butterfly Trade
A quick Goodman trade for busy traders: use the Return Point of a Jumbo 1-2-3 and a secondary swing 1-2-3 to predict a Knot. Rules for entry, stop…
28 Jan 2025 · 4 min read
Goodman White Space: What Charlie Meant by a Clean Setup
Charlie Goodman wanted 'clean' Goldilocks and Molokai setups. Student Ken W. named it: white space between swing points. See the diagram and two real charts.
1 Jan 2025 · 3 min read
The Goodman Knot: Where Is Point C in the Propagation?
The Goodman Knot is the market's indeterminacy in a nutshell: past point C, which way is the propagation heading? Michael Archer explains it as Charlie did.
13 Dec 2024 · 3 min read
Tarry Awhile: Ghost Trading and Waiting for the Setup
Itching to trade? Michael Archer explains why it is sometimes right to tarry awhile and how ghost trading keeps you in sync with the market while you wait.
16 Nov 2024 · 3 min read
The list
One letter, when there is something to say
Charlie wrote to his students. We do the same: a new plate, a chart worth looking at, a note when a book is finished. No schedule, no sequence, no selling to you every Tuesday. Leave when you like.
We keep the list ourselves. It is never sold, rented or shared.