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...]
Market Sells Off
S&Ps UpThrust The US Stock Market as represented by the S&P e-Mini futures, had a trend day down today. We could see evidence of mounting supply over the past few weeks, and the most recent rally to last month's high was on receding volume. We had an UpThrust today. Now, the question is: will this take us down? We did have some increase in volume compared to … [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...]
Anticipating a Pullback Early Next Week
The market has been in a bullish mode since the mid-November lows. I expect that bullishness overall will continue into and perhaps past the New Year. But in any uptrend there will be pullbacks. I am anticipating a pullback early next week. In fact, it may have already started. My Routine At the end of each week - usually on Saturday afternoon when I have some quiet time … [Read more...]
