Trading Wyckoff Springs We love trading Wyckoff Springs. In the right market context, they are my 'bread & butter' trades. Wyckoff Springs graphically represent a stark imbalance in the supply - demand equation always operating in the market. After reaching a low, as at A, the market rallies and then returns to the 'scene of supply' by revisiting that area on a push … [Read more...]
Change of Behavior Trade
Change of Behavior Trade Some of the best trades occur after the market exhibits a change of behavior. We aren't looking to buy the low tick or sell the high one -- that's a fool's game. No, we don't want to be making random traders where we "think" the market will turn. That's bad trading. I am sure many would be traders are now surveying their losses from the morning, … [Read more...]
Wyckoff Spring Trade Setup
Wyckoff Spring Trade Setup Wyckoff Spring trade setup. Sorry to post this so late. I meant to post yesterday but got caught up in other work. Did you catch the perfect Wyckoff Spring trade setup in yesterday morning's S&P eminis? It was picture perfect. The Spring had everything doing for it. We saw a down move end. Prior to the Spring setting up, we see good … [Read more...]
Wyckoff Spring Lights Up Market
A Wyckoff Spring brought holiday cheer to the market today. Christmas came early as the first good trade against a reliable edge today lit up the market. Wyckoff Spring Entry After rallying above yesterday's high and the two-day high in the overnight market, the S&Ps hit a little selling around the 10:00 AM (Eastern Time) inflection point. The downside volume started … [Read more...]
Wyckoff Spring Lesson
Was it a Wyckoff Spring? Was it a Wyckoff Spring? That was the discussion in yesterday's post. Because of the combination of Wyckoff principles that were setting up in the structure of the market, I expressed doubt that yesterday's daily trading action in the S&P e-minis represented a sound Wyckoff Spring. Those doubts were confirmed today in spades as you can see on the … [Read more...]