Lesson One - Cycle Identification
cycle identification allows you to determine trend reversals, determine
trend, buy bottoms, sell tops and forecast the most probable times for
future bottoms and tops. In this session, Walter explains how his technical
indicators are used to identify and trade cycle tops and bottoms of both
the 20-bar trading cycle and the 1/2 cycle. These techniques work in all
markets, all time frames; and with a little practice, you will be able
to identify the 10 and 20- bar cycle tops and bottoms like an expert.
An RealPlayer audio file is attached to each of the following pages. A RealPlayer is required to hear the audio commentary. You can download the RealPlayer for FREE (a new window will open; close it to return to this page). Or if you prefer, just read the written commentary
that appears under the charts (although there is much more information
in the audio than in the text).
on the Lesson link that appears below. If you want to bypass the lesson
and go directly to the markets, click on the appropriate link. Please
note that the market analysis was done on 4/1/99 and reflected Walter's
opinion at that time. The purpose of including the market analysis with
the lesson is to show how Walter combined technical and cyclical analysis
with a small sampling of the indicators available to him at the time to trade and forecast the markets.