Recurring Mini Cycles Afford Many Trading Opportunities

A price pattern that completes frequent price cycles of brief duration gives a trader the opportunity to make many profitable trades. Barrick Gold (ABX), a major gold producer, has completed 18 mini cycles since late October 2000. Some cycles were very brief but others lasted several months.

Use the Price Direction Indicator (PDI) to help you determine buy and sell signals.

For more examples of recurring mini price cycles see: Price Patterns - Repeating Cycles are Money Makers and Price Patterns - Washboard Pattern Created from Repeated Cycles.

Posted March 27, 2006.