Today looked positive because it rallied late in the day to close well off the lows and above the middle of the range. And, buyers did step in. However, I don't see this as strength. Tomorrow is the last day of the month, and so we may see the market try to hold as fund managers look to chalk up a good month for the beginning of the year. We'll see if they can do that. … [Read more...]
New York Traders’ Expo
I have been invited to speak at the Traders' Expo in New York City on February 21st. This is the first time I will be talking about the use of the Wyckoff Method. I really like the Trades' Expos. Certainly, there is lots of hype. But there is also an opportunity to see what is new in the industry, meet with other traders, and have a good time. I am looking forward to it. … [Read more...]
Gary through his in depth approach to the markets has given us bifocal market glasses. Through the upper lens we have learned to structure the market with a conceptual map, while with the lower lens we have been taught to find high quality trades, using the Wyckoff Method of Analysis.Through market technique we have leaned to stack the odds in our favor. We have also learned … [Read more...]
Lars re assignment
“This was a delightful assignment (Chart Reading Mastery) and I have had a wonderful trading day on the EURUSD spot fx doing the assignment while live trading. This is some of the coolest and most encouraging I have ever done. Today I have got the feeling of how powerful your work actually is. With very little stress! I have two times been trying to get into a sell position for … [Read more...]
Traders Can Get “In The Zone,” Too
This is a transcript of an interview I did recently with Tim Bourquin of Traders Interviews. My guest today is Dr. Gary Dayton. He’s here to talk to us about "mindfulness" and how that can help us as traders to make better decisions in the market. Dr. Dayton, first of all, what is mindfulness? Well, Tim, mindfulness is a quality of attention. It’s paying attention on purpose … [Read more...]