If a picture is worth a thousand words, how much is a moving picture worth?
I would have to say that a moving picture is priceless, and here's why.
Moving pictures can tell a story.
When I was a kid growing up in England, all I needed to be happy was a piece of paper and a pencil.
I know that sounds kind of simple, but it's true. Give me a pencil and a piece of paper and I was a happy camper.
I have alway been a visual type person, but litte did I think that my love of art and drawing so many years ago would lead me into a profession that would be so rewarding financially.
When I first got into trading, there were no computers as we know them now. All the charts were drawn by hand on big sheets of graph paper. Back then, if you wanted a chart on the Japanese Yen you had to draw it by hand.
So there I was as an adult with a piece of blank graph paper and a pencil drawing charts on all the markets, I loved it. Drawing charts by hand is very time consuming, but it was great education, as it forced me to learn how the markets really work.
Don't let anyone ever tell you that charts don't work and are all mumbo jumbo. The simple truth is, charts do work when you know what to look for.
This week I would like to share with you some moving pictures of one of my all time favorite chart patterns. This one, like the energizer bunny just keeps going and going.
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