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Future Trends from Past Cycles: Identifying share price trends and turning points through cycle, channel and probability analysis by Brian Millard

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1. Introduction

“The further back you can look, the farther forward you can see.”

Winston S. Churchill

It is now just about ten years since I wrote my last book, Channels & Cycles: A Tribute to J.M. Hurst. I have been gratified by the response I have had to that book and the many kind comments I have received about my approach to trading on the stock market.

I still acknowledge that Hurst set me on the road along which I have been travelling since that time in 1979 (is it really 30 years ago?) when I picked up his book The Profit Magic of Stock Transaction Timing. This book was reprinted by Traders Press in 2000, and I urge readers to take advantage of its restored availability. For those around when it was first published in 1971 it was ...

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