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, 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 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.
Archer currently writes the daily Goodman Trader, teaching the Goodman Method of Trading by identifying and tracking real-time FX and futures setups. He is also completing work on JOSTAN an artificial intelligence program for trading FOREX.
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, 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 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.
Archer currently writes the daily Goodman Trader, teaching the Goodman Method of Trading by identifying and tracking real-time FX and futures setups. He is also completing work on JOSTAN an artificial intelligence program for trading FOREX.