group-29
  • 40% Spring Sale
  • Membership Plan
  • Courses
  • Training
  • Coaching
  • Dr. Gary
  • Blog
  • Book
  • Press
  • Login
  • 0 items
  • 40% Spring Sale
  • Membership Plan
  • Courses
  • Training
  • Coaching
  • Dr. Gary
  • Blog
  • Book
  • Press
  • Login
  • 0 items
  • 40% Spring Sale
  • Membership Plan
  • Courses
  • Training
  • Coaching
  • Dr. Gary
  • Blog
  • Book
  • Press
  • My account
  • Login
  • 0 items
×
  • 40% Spring Sale
  • Membership Plan
  • Courses
  • Training
  • Coaching
  • Dr. Gary
  • Blog
  • Book
  • Press
  • My account
  • Login
  • 0 items
You are here: Home / Uncategorized / Springs on the Anticpated Up Day

Springs on the Anticpated Up Day

December 22, 2011 by DrGary Leave a Comment

In last night’s post (see that post here), I indicated a further rally was likely today.  And, we did get that rally.  Not a rip roaring rally, but it is the holiday period, after all.  Many traders leave early for the holidays and so the volume and activity is typically low over the days leading into Christmas as well as the week between Christmas and New Year’s.

Springs!

Nevertheless, the day was filled with springs.  You can see on the 3,000 tick chart that the market started to rally from a spring during the early morning hours, then another spring to open the US session, another one mid-morning, and then one more at about 3:00 Eastern Time.  That’s four springs in one day!

I’m not sure if that is a record, but all were winning trades with the last one driving the market to new highs for the week.

David Weis always says that if you traded nothing but springs and up thrusts, you could do well.  It’s a Wyckoff trader’s bread & butter trade, and the bread certainly got buttered today.

If you don’t trade springs or don’t really know about them, you might give yourself an early Christmas present with our spring tutorial.   It’s a 120-minute recording on one trade setup with over 50 slides detailing everything I know about this valued trade.  You are invited to check out the details here:

The Wyckoff Spring Tutorial 

Note: This will be the last post on the markets until the New Year.

Tweet
Share
Pin
Share
0 Shares

Filed Under: Uncategorized Tagged With: Wyckoff method, wyckoff trading, Wycoff Spring

custom message for non-logged in members here

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Privacy, Disclaimer & Policies

Peak Psychology Inc and its website, TradingPsychologyEdge.com is an educational company. It has been providing customers from around the world training classes and products on trader mental skills, trader performance, and technical chart reading.

Trading Stocks, Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all traders and investors. Past Performance is not indicative of future results.

The testimonials are from selected customers. Their experiences may not be typical of what you can expect to achieve, As results may vary. Claims contained within testimonials have not been verified. Customers were not paid or compensated in any way for their statements.

dmca

Recent Posts

  • Dr. Gary’s Market Insight June 17-21 2024
  • TradeMindfully.com Offers Classes on David Weis’s Trades About to Happen
  • Join Dr. Gary’s Free Webinar on How to Develop Yourself as a Mastery Trader
  • Let TradeMindfully Be Your Support System
  • Dr. Gary’s New Website Is Live

Search

  • Facebook
  • Instagram
  • Pinterest
  • Twitter
  • YouTube
Back to the top
group-29

Sign up to get the Recorded Free Webinar, New Course Releases and more…

  • About
    • Dr. Gary
    • Book
    • Press
  • Courses
    • Chart Reading
    • Trade Setup & Indicators
    • Trading Psychology
    • Specialty
    • Trading Procedure & Technique
  • Offerings
    • Coaching
    • Membership
    • Training
  • Help
    • Dr.Gary’s Blog
    • FAQ
    • Free Content Library
    • Contact Us
𝕏

Coppyright © 2023 Peak Psychology Inc. All Right Reserved | Term of Service | Privacy-Policy

Any and all information contained on this website is provided for educational purposes only and should not in any way to be construed as investment advice.

×