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Price and Time

Thu, Jan 17 2008, 11:55 GMT
by The Forex Journal

The Trader's Journal


This article is taken from the Forex Journal, a special edition by Trader’s Journal magazine in Nov 2007.

The author isAndy Bushak. A full-time trader and seminar leader. Andy’s early career includedgraduation from the United States Naval Academy, five years in SurfaceWarfare, a stint as a professional football player and with Hewlett-Packard. He started trading full time with a handheld QuoTrek (theoriginal) and doing charts by hand. His method was simple: Elliott andFibonacci.


  • Andy Bushak introduces the concept of combining Price with Time using the Fibonacci and Gann number sequences:
I have always said that if it is the right price, it is the right time and if it is the right time it is the right price! Price and time can be treated equally in technical analysis. Anything that can be done in price; can be done in time, except for one thing: Price can go lower, but time always moves forward. At this point, I do not know the formula for pausing time or going back in time to start over. The only thing I know to do is to look at time from the future to the present and the past. That is a whole separate article.

____________


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Published on  Fri, Jan 18 2008, 12:23 GMT

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