GoodmanWorks
@GoodmanWorks
Michael Duane Archer. In the FOREX and Futures markets 40 years, Research, Programmer, Teacher and - mostly - Trader. Goodman Wave Theory and Goodman Method.
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Setups on the Goodman radar this morning: AUDJPY, AUDUSD, EURJPY, NZDJPY, USDMXN, all at 1-hour.
The longer term Setups seem to indicate those as the path of least resistance. See how it plays out over the next 2-3 weeks.
Ceteris paribus, Goodman Wave Theory setups work best if they have 'white space' - areas with little bar overlapping.
Dollar ready to rally, Yen ready to break. Charlie's Place trading room opens 5am Monday. Membership information sales/goodmanworks.com
FX Overlays for the week: EURAUD, EURGBP, EURJPY, EURSGD, EURTRY, EURUSD, NZDCHF, NZDJPY, TRYJPY, USDCHF, USDJPY, USDMXN, USDSGD.
USDMXN - Exiting here - 27p as S/L is too close for the weekend. +165p for the week. Next Charlie's Place Monday AM, Overlays posed Saturday
The 3-C is used both to qualify Setups and to find T/Ps. Nothing ad hoc in Goodman.
Email sales/goodmanworks.com for the Trading the Line article - ‘Over-the-Over in Goodman.’
Maximize profits in a trend with Goodman Wave Theory Trade-the-Line. MUCH better than trailing stops.
Goodman 3-C Principle and Multiple Counts. Useful for Trading the Line.
NZDUSD 1h taking the over lot profit here for +74p.
USDCHF 1h - Taking the over lot profit here for +72p.
NZDUSD Let's take the under lot profit here for +21p.
In Goodman the money and the glory is always in catching nice Lines. Tip: Give the spread on both S/Ls and T/Ps.
Step 3 –Wait for a 1-2-3, raise you S/L and Trade the Line (TTL).
United States Trends
- 1. Sesko N/A
- 2. West Ham N/A
- 3. Amad N/A
- 4. Real ID N/A
- 5. Alaska N/A
- 6. Palmer N/A
- 7. Greg Gutfeld N/A
- 8. Courtney Love N/A
- 9. Carrick N/A
- 10. Leeds N/A
- 11. SWAT N/A
- 12. Caicedo N/A
- 13. Murkowski N/A
- 14. Charlie Woods N/A
- 15. #WHUMUN N/A
- 16. Nancy Guthrie N/A
- 17. Manchester United N/A
- 18. Happy Birthday Ben N/A
- 19. Dalot N/A
- 20. $HOOD N/A
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