A Bar-by-Bar Assessment of the Current Market In the midst of all the domestic and geopolitical noise, a bar-by-bar assessment of the current market indicates a pullback is likely. I certainly did not want to go home long on Friday night. But it wasn’t all because of the US – Iran conflict or impeachment. It’s also what the charts are telling me. A bar-by-bar assessment … [Read more...]
Wyckoff Trading Method Follow-Up
Here’s a follow-up to my earlier post on trading the Wyckoff Trading Method off the 4-hour chart. Although the Wyckoff Trading Method does not integrate the various time frames in its analysis (it uses the P & F Chart for the higher time period), the weekly, monthly and other higher time periods can shed a lot of light on the anticipated next move of the market. It was … [Read more...]
Frustrated Traders About to be Rewarded
The market has frustrated traders lately. The S&Ps have been stuck in a 12-point trading range over the last three days. While this can present frustrating trading, the good news is that it will end shortly. When it does, we should see the market move smartly. Both the daily and the weekly charts indicate weakness has entered the market. By these charts, we may see a … [Read more...]
Tick vs Time Charts & Free Webinar
Free Webinar Info Used to Earn 16 Points! The Free Webinar we held yesterday had much useful information about trading by price and volume, including tick vs time charts. Fifteen different trade setups across five different markets were detailed in this 50-minute presentation. This morning, one trader wrote to say, I can't believe how good the content is. The info regarding … [Read more...]
Free Webinar – Chart Reading Mastery
After two+ years, we are once again teaching the highly acclaimed Chart Reading Mastery course in September. To see what we will be teaching and to see how some of the principles apply in the current markets, check out our free webinar. Register to the right for easy access to the webinar. The webinar runs about an hour. I show how several Wyckoff principles taught in the … [Read more...]
