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...]
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...]
Trading the S&P e-Mini
Even though the market has been showing a lot of daily price bars overlapping one another recently, there are still levels at which the market can be watched carefully for buying or selling to reveal itself. In Deep Practice this week, I highlighted the narrow green box on the daily chart as an area that the market could find support, should it chose to return to that level. … [Read more...]
My ‘Bread & Butter’ Trade
Every trader needs a trade that produces. One that they can rely on and take with no hesitation. For me, that trade is the Wyckoff Spring. As long as i don't have a raging bear trend or serious SOW in the background, I look to take this trade every time it comes up. Is it perfect? Of course not, nothing is. But it is as close to perfect as i can get in this trading game, … [Read more...]
Market Drives to New Swing High
I was anticipating a pullback in the US Stock Market this week. I had seen some weakness in the market as described in this post (click to read), but that did not materialize. Instead, the market pushed up and drove to a new swing high. Game Plan & Routine Coming into the market's US morning session yesterday, I was looking for a short opportunity. My game plan was to … [Read more...]
