Dawn Bolton-Smith provides a timely review of 2011.

The year 2011 will go down as one of the most volatile years in our market history.
Overall, it was a bad year for investors but a good year for traders: and educating traders is what YTE is all about. It is timely to look back at what the charts were saying throughout the year, and at some of the highlights.

Go with the flow
In the Jan/Feb 2011 issue of YTE, with charts to 19 Nov 2010, I wrote: “I believe the two most important charts to have been following were the US Dollar Index and gold, both of which should keep the market on the boil well into the New Year.”

They certainly did that. There will be lots of predictions; but your focus should be on what the charts are saying. And the brilliant charts supplied by Market Analyst 6 in ‘Winners and Losers’ told the story.

David Fuller made the good point that the process of thinking intelligently begins with a knowledge of history. Jeff Greenblatt continued with splendid articles emphasising that people act as though it is the first time in history the amazing financial events we are now living through have ever happened...

Excerpted from an article originally published in the Jan/Feb 2012 issue of YourTradingEdge magazine. All rights reserved. © Copyright 2012, Your Media Edge Pty Ltd.
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