Today after the close we will have a free webinar on Deep Practice, the weekly program I have developed that uses principles of deliberate practice to help traders develop chart reading skills. Expertise and mastery is not in-born or based on talent, it is developed through dedicated practice. Some of the things covered in Deep Practice include (note: not everything is … [Read more...]
More Weakness
Last week, the S&P futures (ES) had another poor close after once again being unable to rally away from the 1338 danger point. I discussed other indications of weakness last week in my post on weekly conditions (click here for that post). And, the danger is that if this market is unable to rally early in the week and it falls lower, we will see a likely upthrust on the … [Read more...]
Why Does Wyckoff Still Work?
I did a webinar for one of the trading forums the other day and some of the comentary that followed questioned why the classic trading methods (developed nearly 100 years ago) such as Wyckoff still worked. Here is my response: I think classic trading methods like Wyckoff still work because they are based on a very deep understanding of how we as human beings behave in the … [Read more...]
Inside Day
All markets had an inside day yesterday. In the S&Ps, volume was light. Inside days often lead to trending conditions the next day. Watch the early morning volume and breadth for clues. We will need to see … [Read more...]
Free Webinar!
If you want to know how top traders learn to read and trade the market, come join us for a free webinar on Deep Practice with Dr. Gary. The free webinar will introduce you to Deep Practice – a unique program in the trading industry designed to one thing and one thing only: develop and hone your knowledge, skills, and abilities in chart reading and trade execution using the … [Read more...]