Wyckoff certainly stands the test of time across all time frames. Here is an intraday chart that shows the following: Accumulation, or technically, re-accumulation, since we remain in a strong uptrend A terminal shake-out at the end of the accumulation phase A minor sign of strength as the market jumps across the minor creek Major sign of strength as the market jumps the … [Read more...]
S&P Trading – The Wyckoff Way
Last week on January 26, new highs were made, but on much narrower range and lighter volume. The next day continued higher on lighter volume (1.554 million contracts) and narrowed into an NR7 day. This began to look like dullness at the top of the rally. We also see SOT at the highs. Buyers appear exhausted, giving a chance for sellers seen on January 19th an opportunity to … [Read more...]
Bouncing Back From Trading Losses: Trading Psychology & Losses
Let's face it, trading losses can be tough. No one likes losing money. But as every trader soon learns, trading losses are a routine part of the game. Nevertheless, many traders find it difficult to accept thoses inescapable trading losses. Learning to tolerate and deal with trading loss may be just as important as making good trades, perhaps even more important. Here are … [Read more...]
Deep Practice with Dr. Gary
Title: Deep Practice with Dr. Gary Location: Weekly Webinar Link out: Click here Description: A Unique New Weekly Program to Build Your Technical Trading Skill Deep Practice with Dr. Gary is a unique group program in the trading industry, based on the robust research known as deliberate or deep practice. It is designed to do one thing and one thing only: develop and hone your … [Read more...]
Wykoff Webinar Tonight
Just a reminder that we will be doing Part 2 of Wyckoff in the Modern Markets tonight at 7:30 PM eastern time (New York time). More than anything else I have ever studied, Wyckoff's case study is remarkable in revealing how to read the market by its own action. We will review how his priciples apply in modern markets. I will show you how I use it and detail a trade setup as … [Read more...]
