Bio

Michael Duane Archer has been a commodity futures and FOREX participant for over 35 years. He has acted as a private trader, registered CTA and CPO, branch manager and SEC investment advisor. Archer was one of the first to do serious technical analysis research using a computer  and is recognized as an expert in the fields of artificial intelligence and machine learning applied to trading.

As a CTA in the 1980s using his proprietary Jonathan’s Wave expert system, he managed USD 20 million in the commodity futures arena and compiled a 48% annual return with exceptionally low risk parameters and high Sharpe ratio, as documented in Managed Account Reports.

He has authored and co-authored several books including: Getting Started in Currency Trading (John Wiley & Sons, 2005, 2008, and 2010), 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 presented technical papers to numerous academic proceedings, including: the Chicago Symposium on Artificial Intelligence (1991), The University of Chemnitz Conference on Machine Learning (1997) and Automata 2008 (UK) . A copy of the Automata 2008 presentation, ‘A Simple Cellular Automata Model for FX Market Forecasting’ is available in the Analytica section of this website.