Market Cycles: About CyclePoint

CyclePoint™ is a free cycle service for traders. It attempts to find clusters of repetitive cycles as it believes the nesting of cycles has the potential to lead to market reversals.

CyclePoint’s™ ability to identify high probable turning dates is simply outstanding. And I’m sure you will at times be astounded at what you’ll see. When CyclePoint™ identifies a potential cycle I mark the appropriate chart with a red diamond. All you will need to do is bookmark your favourite market/s and visit my site regularly to see when the cycle/s occur.

CyclePoint™ applies a proprietary 100% mechanical methodology across all markets without discretion or the use of any indicators. It only uses PRICE and TIME. Let me repeat it does not use indicators.

Since I began in the markets in 1983 when I joined Bank America as a trainee dealer I have always had a fascination with identifying market cycles. To know when to buy low and when to sell high is the ultimate Holy Grail objective of trading. Since 1983 I have studied traditional cycle analysis and have personally failed to make it work for myself. And I can assure you it was not from a lack of effort! (For a look at the traditional forms of cycle analysis I have studied over the years just click the following link Request CyclePoint™ Information). CyclePoint™ represents the accumulation of my interest and research into cycles over the last 25 years. I believe it overcomes the short comings of traditional cycle analysis and presents traders with a tradable edge for swing trading.

Now CyclePoint™ is designed for Traders and not Analysts. CyclePoint™ does not attempt to forecast every swing point nor does it attempt to forecast either swing magnitude or duration. All it does is locate clusters of repetitive cycles which have the potential to reverse markets. As Traders we should learn to react to the price action in front of us and not fall into the Analyst trap of price prediction. This is the reason why I do not publish CyclePoint's™ dates in advance, but wait until the actual CyclePoint™ day. I don't want you to fall into the trap that I did and become fixated on a future date and miss out on the trading opportunities at hand.

When you have had a chance to look through my site I believe you'll see for yourself that CyclePoint’s™ ability to identify high probable turning dates is extraordinary. However, as a Trader and Advisor I feel a note of caution is required, particularly towards new Traders. You must remember that CyclePoint™ is only one tool and is not perfect. It’s not the Holy Grail of trading. CyclePoint™ is only a “timing aid". In my opinion its best used to support your own analysis. If you have identified a potential trade set-up and CyclePoint™ agrees then it can add to your overall confidence. You must understand that trading successfully is all about stacking the odds in your favour. If CyclePoint™ can lend weight to your existing analysis then it will have served its purpose and sharpen your trading edge.

Now if you're here looking for that "perfect" cycle service I'm sorry to disappoint you because I don't have one, and nor do I believe one exists. Although CyclePoint™ is brilliant it can still be wrong at times. When CyclePoint™ identifies a potential cycle turn I will place a red diamond marker on the chart to record its prediction. Please see this EXAMPLE. Regardless of whether its right or wrong the red diamond marker will stay on the chart as a transparent record. CyclePoint™ is not only about providing traders with an edge, its also about 100% transparent accountability. So, although CyclePoint™ is not perfect and will leave you disappointed at times, I do believe there is a tremendous advantage in following a timing approach which is 100% mechanical and 100% transparent in its approach. As you'll see from the markets I have listed CyclePoint™ does have an edge. An unbelievable edge in my opinion, an edge a disciplined and consistent trader can exploit.

To tell you a little about myself I'm a private trader and licensed Futures Adviser. To put your mind at ease I'd like to say straight up that I'm neither a Broker or Educator masquerading as a "trader". I am a trader first and foremost. I'm regularly invited to present at the Traders Expos throughout Australia and Asia. I began with Bank America in 1983 and have been involved with the markets ever since. I run this free site and my www.IndexTrader.com.au web site as an opportunity to occupy my time during the day. If you would like to learn more about what I do then please visit my main site www.IndexTrader.com.au.

If you would like to receive a brief summary and an example of CyclePoint's™ original methodology then please click on the following link. Request CyclePoint™ Information. What you see here is CyclePoint™ Plus, an advancement on my original work. However if you would like to receive a brief summary and an example of CyclePoint's™ original methodology then please click on the "Request CyclePoint™ Information" link above.

If you have any questions you would like to ask me please fire away (bpenfold@tpg.com.au) and I’ll try to answer them as quickly as possible.

Thank you for visiting my web site.

Successful trading.

Brent Penfold
Private Trader,
Futures Adviser
(ASIC AFS Licence Number 225946)

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