Friday, July 13, 2007

My Mentor's Methodology Never Ceases To Amaze Me


I've learnt, in the last 2 1/2 years, from the work of my Mentor, Bill Schamp & his method of trading (click here to visit his website), is that you always need to confirm a Top/Bottom. I believe recently, one would have been bombarded from all quarters, experts calling for a market top - but from my charts, it says otherwise.
And in Bill's famous words:
" We Trade PRICE...And PRICE will continue to go up/down, until it fails. Trade with the TREND. Don't fight it. "
Thanks, Bill...
Again, the chart above is the TREND Chart I trade with, and the chart below, is my SWING Chart...

3 comments:

futures trading said...

i think your blog is very usefull, especially for beginner trader. please visit my blog. thanks

Anonymous said...

hi,

what is the timeframe of your charts used ?

gerimegaly said...

Unfortunately, I am unable to reveal this as you can see from my charts, I took pains to conceal the details. The details are proprietary in nature, to my Mentor's work and I signed a NDA with him when I learnt his methodology...Cheers!