The purpose of this blog is to provide a comprehensive compilation of articles and posts which have been of great help to me in the past, or that I find very insightful, wise or containing a great deal of useful knowledge.

The original author of the text will be mentioned, so that those who are interested in the subject can explore it deeper.

The blog will consist out of several categories, some more theoretical, other containing charts and analysis.

Finally, this blog is, in a way, a continuation of the journal
I started in the public section on another site.

	The Sentiment Cycle (Mamis) Posted 05-14-2008 at 10:00 AM by firewalker See image. firewalker
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	The A/D Cycle Posted 05-14-2008 at 09:59 AM by firewalker See images. firewalker
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The Auction Market (by dbphoenix) Posted 05-14-2008 at 09:54 AM by firewalker Begin by thinking of the market – an auction market -- as a giant bazaar. Lots of buyers and sellers, all excitedly negotiating prices. If a lot of people are crowded around a particular merchant's stall, he can demand premiums for his goods. If another merchant is getting little or no traffic, he must lower his prices in order to unload his stock. If he's able to manufacture a demand, he can then raise them again. Either that or use whatever demand he creates to unload whatever junk he's selling... Continue reading... firewalker

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Reversals (Mark Douglas) Posted 05-14-2008 at 07:54 AM by firewalker After a certain period of time, you can notice how trending markets will develop a certain rhythm and flow, making the price movement look very symmetrical on a bar chart. You really don’t have to know why this is so, you just have to notice that it exists. When this flow is broken (the market trading above or below a significant trend line), it is a good indication the balance of the market forces has shifted. Then ask yourself, what is the likelihood the shift will gain hold and continue trending... Continue reading... firewalker

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The Scientific Method Posted 05-14-2008 at 06:50 AM by firewalker The essential elements of the scientific method are traditionally described as follows: 1. Observe: Observe or read about a phenomenon. 2. Hypothesize: Wonder about your observations, and invent a hypothesis, (sometimes one's hypothesis is initially nothing more than a "guess"), which could explain the phenomenon or set of facts that you have observed. 3. Test a hypothesis 4. Predict: Use the logical consequences of your hypothesis... Continue reading... firewalker

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