Federal Reserve Open Committee Meeting Days, like today, can be quite volatile. Many traders take the day off. I like Fed Days. Our method of trading is particularly well-suited for days in which volatility expands. When the markets are active, the indications of buying and selling become clear. Just before the Fed announcement, the market (S&P e-minis) pushed down. … [Read more...]
Springs!
Springs are my bread & Butter trade. No doubt about that. They were first described by Bob Evans, a great teacher of the Wyckoff Method. Wyckoff had talked about something similar in a terminal shake out at the end of a prolonged trading range. It was Evans who saw other applications of the flush, which he described as a Spring. For the swing traders (also day traders … [Read more...]
Springs Push GOOG Up over $1,000 a Share
Wyckoff is certainly alive and well in the modern markets. There is probably no more modern stock than Google (GOOG). It is on the cutting edge of technology and the internet. Despite how 'modern' GOOG is, it behaves according to Wyckoff principles. This is true for all liquid markets. Take a look at the weekly chart. We have springs occurring in early October 2011, … [Read more...]
29 Profitable Wyckoff Trades Last Week!
20% Off On All Tutorials This week all video tutorials are 20% off, including Chart Reading Mastery. This ends midnight, October 15th (Tuesday). We usually don’t discount our training materials, so if you have been thinking of one of our highly rated Wyckoff Method trainings, now is a good time to buy. Be sure to use the coupon code Wyckoffcore20 at checkout. Learn more … [Read more...]
Free Webinar Today!
Today, Saturday, October 12 at 4:00 PM ET (New York Time). We will be reviewing fundamental principles in the past week's markets. I guarantee you will be amazed at the trading that occurred based on four basic Wyckoff principles. I have over 30 slides to show you. It's free and you will definitely learn something. This is session #2 of a two-part webinar. The first … [Read more...]
