Many traders place extra emphasis on trade entry. They look to buy as near as possible to the low tick or sell near the high. If a market starts to move and the trader missed getting in near the extreme tick, they look elsewhere thinking opportunity has passed them by. Too bad. Sometimes, it is difficult to get in near the high or the low. Markets have become more volatile … [Read more...]
Series of Great Holiday Week Trades
Holiday Trading Some traders tell me that they don't like to trade during holiday weeks because the markets don't move that much. That was probably true in years past, but there are more and more participants each year, many from outside the US. These traders are having their impact on the volume and activity of the markets. This trend is giving us better opportunities in … [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...]
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...]