MercenaryTrader.com Interview
This content is for members only
Peter Brandt entered the commodity trading business in 1976 and is considered by many leading authorities to be one of the best classical chartists and traders.
This content is for members only
Apple is declining into support. The poisonous wrath from the Apple Computer “fruit and nut club” continue to come my way. Here are just a couple of excerpts from the “fan” mail I have received because I suggested that AAPL might be topping out. “This is nonsense. Never heard of a double head. This is […]
Will the fraud ever end? The fraudulent side of forex trading was revealed in recent weeks in just some of the following blogs and articles: Inside the Currency Broiler Rooms, Joshua Brown, The Reformed Broker, April 9. Pitfalls of the Currency Casino, Andrew Bary, Barron’s, April 9. Foreign currency trading is easy – an easy […]
It has nothing to do with Apple as a company! This is my third blog posting about Apple Computer in the past week. The first post suggested strongly a possible top in AAPL. The second post detailed a three-part shorting strategy for AAPL. I executed the first two parts of that shorting strategy last week. […]
The Apple is falling — time for the harvest? I am a trader, not an analyst. Actually, being an analyst is a much harder job. An analyst is pressured to be right. As a trader, I assume I will be wrong 65% of the time. So my job is to find trades with a great […]
Is the Apple about to take a fall from the tree? Summary There are chart patterns…then there are textbook chart patterns. Presently Apple Computer (AAPL) is forming a head and shoulders top that could go into the textbooks as an example of classical charting principles. The daily chart of AAPL exhibits a near-perfect example of […]
The markets, they are a’changin! Electronic exchanges! High volume trading! Mega volume operators! Indicator optimization! Web-based trading platforms! Twenty-four hour markets! A trend by the small speculator toward day trading, especially in the forex markets! Have all these evolutions in the commodity and forex markets from even a decade ago produced changes in the basic […]
After the “wash-out” decline in mid March, the $USDJPY is performing a classic “end-around” pattern. The move back into the 20-week symmetrical triangle in early trading today (Tuesday, Mar. 29) is confirmation that the “end-around” pattern is the correct chart interpretation. The final confirmation of this pattern will be a close above the mid-February high. Support […]
This content is for members only