Last week on Wednesday, we held a webinar on Wyckoff core principles with nearly a full house attending. These are the most important Wyckoff principles to know and it was rewarding to see that virtually everyone stayed through to the end, even though I took us over the original schedule by about 20 minutes or so. This was due to all the great questions that were asked. … [Read more...]
Free Webinar Tonight
Just a brief reminder that we will be holding a free webinar tonight. We will cover the fundamental Wyckoff principles we use day in and day out in our trading. You can build a solid trading plan around these principles because they show up over and over again in all markets on all time frames and they reflect the natural behavior of the market and its participants. So join … [Read more...]
Two Free Webinars on Wyckoff Trading
Last week in Deep Practice one of the members made an insightful comment: “It’s truly amazing how the Wyckoff trading principles occur over and over again.” This is very true. It is why many traders are successful using this method. His comment got me thinking … ... I have to apologize for not keeping up the blog as I usually do. I would normally be discussing the highly … [Read more...]
Market Finally Rallies
Although the market was oversold coming into Monday, it took another day for it to rally. It did Spring (A) and Test (B) Friday’s low, but supply soon swamped demand on the wave down to C, forcing an exit to longs. As I mentioned in Sunday night’s post, it is important to maintain a flexible attitude. With the supply swamping demand, the inability to reach Friday afternoon’s … [Read more...]
US Stock Market Sells Off: What’s Next?
It has been difficult for me to write much on this blog while working on my book on trading psychology. Sorry to those looking for more posts here. I have made good progress on the book, though, and I think the hard parts are behind me, so I’ll try and make a post each weekend. Once the book is complete, I’ll do more. The S&Ps have obviously pulled back. We saw a lack … [Read more...]
