Wisdom of Crowds vs Contrary Opinion in Forex Sentiment
Bullish consensus above 90% or below 20% favors contrary opinion, but Michael Archer found the in-between readings can signal a wise crowd. See the example.
7 Nov 2024 · 3 min read
A Trader’s Bucket List, Part 1: The Goodman Points
Which Goodman Setup points are always higher or lower than others? Michael Archer's bucket-list study of BP/EP relationships in the Goldilocks and Molokai.
6 Nov 2024 · 3 min read
Bert’s Line: Trading Both a Trending and a Trading Market
How do you trade a trending and a sideways market at once? Bert's Line splits your stake into three units: Hold Forever, Trade and Parley. A silver story.
6 Nov 2024 · 3 min read
Harry Figgie and ATO: A Goodman Weekly Chart Call
Michael Archer used Goodman Wave Theory on weekly charts to call ATO from 5 to 12, then wrote its CEO Harry Figgie. A story of stock picking and…
17 Oct 2024 · 4 min read
Open Interest as a Goodman External Overlay: The 8 Rules
Charlie Goodman trusted price, not volume. Michael Archer reviews the classic open interest rules and tests them as an External Overlay on a Molokai setup.
6 Oct 2024 · 7 min read
Three Charlie Goodman Stories and the Trading Lessons in Each
Three 1970s stories: a quarrelling couple, a wrong turn to Last Chance and a hopeful cotton buyer. Each carried a market lesson from Charlie Goodman.
21 Sep 2024 · 5 min read
Why Patience Pays in Trading: A 1974 Corn Trade with Charlie Goodman
A 1974 Corn trade worked with Charlie Goodman on a Molokai/Goldilocks nest. Six times Archer wanted out. Six times Charlie said, sit on your hands, dad.
19 Sep 2024 · 3 min read
The Goodman Nest: Four Setups That Stack the Odds
A Goodman Nest is a Goldilocks or Molokai setup forming at the end of a larger one. Michael Archer covers the four nests, money management and repropagation.
20 Aug 2024 · 3 min read
Trading the Goodman Line: The 10-4-1 Rule Explained
Charlie Goodman's 10-4-1 benchmark: four winners in ten trades and one Line. Archer explains the Under and Over counts and scaling out with Tom's Tango.
11 Aug 2024 · 5 min read
An Efficient FX Portfolio for New Traders: Nine Pairs
Eight major currencies make 28 pairs. Michael Archer suggests a nine-pair portfolio balanced across the three sessions and a limit of three open trades.
9 Aug 2024 · 4 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.