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Bernie Mitchell

Contributor since: 29 Sep 2011

Bernie Mitchell

Bernie Mitchell was not always a market guru, nor did he expect to be one. The calling came in 1974 when Bernie found himself paying more attention to the stock market than his 20 year job on Madison Avenue. Committing himself to a new direction he began trading gold futures. Ironically, between 1974 and 1979 all he could do was turn gold into lead. Not exactly the kind of market wizardry he was hoping for. As all good gurus, Bernie immersed himself in market knowledge, learning from the other gurus of the day, Williams, Wilder, Bernstein, but it was really in his own laboratory the discovery was to be made.

In 1981 Bernie developed the POKE system for the commodities markets. He modified the same system for day trading in 1994 focusing on the S&P 500 Futures and then for individual stocks in 1996. In 2001, he created Fibonacci Cluster Software, a totally unique way of decoding Support and Resistance levels. Fibonacci Clusters can help any trading system be a better trading system. Today, Bernie has emerged as a leader in market technologies, being published in Stock, Futures & Options Magazine Investor Flash, and Chartpoint Magazine. Since 1997 Bernie has published Fibonacci Impulse Strategies Market Commentary, a market letter that goes out about 20 times a month. Bernie has successfully trained over 800 traders which what has now become the Fibonacci Impulse Strategies.

Latest articles from Bernie

  • WHERE DO THE OIL & REFINING STOCKS GO FROM HERE?

    Published 20 October 2009 | viewed 8,255 times

    AN ANALYSIS USING FIBONACCI IMPULSE STRATEGIES.XLESince breaking below our long term "89" line more than a year ago, the XLE made a strong move above…

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