Goodman Wave Theory

The Goodman Wave Theory (GWT) is composed of two parallel methods – The Goodman Swing Count System (GSCS) which predicts price and The Goodman Cycle Count System (GCCS) which predicts time.

The Goodman Swing Count System is the cornerstone of Mr. Charles B. Goodman’s work. He developed it in the 1940’s and used it very successfully in commodity futures for over 30 years. The Goodman Cycle Count System may be used as an ‘overlay’  or confirmatory method with GSCS.

The Goodman Wave Theory is a Spinozan-like theory, elegantly constructed from the age-old 50% Retracement and Measured Move rules. Goodman Wave Theory is logical, transparent and predictive. It begins with three primary Principles – Propagation, 3-C and Intersection. Mr. Archer has spent three decades codifying, structuring and developing GWT. It has been his go-to trading tool since the late 1970’s for stocks, commodities and currencies.

While GWT shares some elements with Elliott Wave Theory, it has many different features and is a much better predictive market tool for equities, currencies and commodity futures.

You may download Goodman versus Elliott an introduction to Goodman Wave Theory.

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