Michael Duane Archer – The Goodman Currency Codex (fxpraxis.com)

Michael Duane Archer has been a commodity futures and FOREX participant for over 40 years. He has acted as a non-public dealer, registered CTA and CPO, department supervisor (Heinold of Hawaii) and SEC funding advisor. Archer was one of many first to do severe technical evaluation analysis utilizing a pc  and is acknowledged as an skilled within the fields of synthetic intelligence and complexity fashions utilized to buying and selling.

As a CTA within the 1980s utilizing his proprietary Jonathan’s Wave skilled system, he managed USD 20 million within the commodity futures area and compiled a 48% annual return with exceptionally low threat parameters and excessive Sharpe ratio, as documented in Managed Account Reports. This was the primary profitable software of AI to buying and selling. It additionally spawned the time period ‘algorithmic trading.’

He has authored and co-authored a number of books together with: Getting Started in Currency Trading (John Wiley & Sons, 2005, 2008, 2010, 2012), The FOREX Chartist Companion(John Wiley & Sons 2006),  Trading the Major Pairs (John Wiley & Sons, 2006), Getting Started in Forex Trading Strategies (2007) and Fifteen Essential FOREX Trades (John Wiley & Sons, 2009).

He has offered technical papers to quite a few tutorial proceedings, together with: theChicago Symposium on Artificial Intelligence (1991), The University of Chemnitz Conference on Machine Learning (1997) and Automata 2008 (UK) . A duplicate of the Automata 2008 presentation, ‘A Simple Cellular Automata Model for FX Market Forecasting’ is out there within the Analytica part of this web site.

Goodman Wave Theory, developed by dealer extraordinaire Charles B. Goodman has been Archer’s ‘go-to’ discretionary buying and selling methodology for nearly 40 years. ‘Charlie’ taught his strategies to Archer and to nobody else. A compendium of writings on GWT, The Goodman CODEX, a treatise on his favourite Goodman setup, Trading the Goodman 6 & 6 Setup and the Goodman Simple System Setup are the three books on Goodman Wave Theory and the Goodman Method of Trading at present obtainable from GoodmanWorks.  

The Trading Goodman Video Series shall be his closing Goodman work.

Archer at present mentors merchants on the Goodman Method of Trading and is researching artificial currencies utilizing the brand new correlation strategies of T-Sets and Vectoring.