Free Webinar Info Used to Earn 16 Points! The Free Webinar we held yesterday had much useful information about trading by price and volume, including tick vs time charts. Fifteen different trade setups across five different markets were detailed in this 50-minute presentation. This morning, one trader wrote to say, I can't believe how good the content is. The info regarding … [Read more...]
Crude Oil Trade & Last Day of 20% Savings
Crude Trade As the S&Ps were rallying on Friday, there was a nice trade setup that occurred in Crude Oil. This is one of the trade setups we discussed in the free webinars last week (Click this link to access webinars). At A, the market tested the overnight high. I left the normal volume on the chart along with the Weis Wave volume. Note the high volume and poor closes … [Read more...]
A Study in Multi-Time Frame Day Trading
I am primarily a day trader. It's not that I won't hold positions overnight. I do, as there is a strong edge at times for holding a trade though the overnight session to try and capture further price movement the next day. What I look for But as a day trader, I am keen to try and find the day's low or high and try to trade from there. Today, I was looking for the market to … [Read more...]
A Lesson in Trading
A dilemma Earlier this week I was working with a trader who was having some confusion in his trade locations. He thought he saw a good trade setup, but then it didn't materialize. This occurred more than once. From his personal review of his trades (an excellent practice), it became clear that he was missing good opportunities and taking either poor ones or ones with little … [Read more...]
My ‘Bread & Butter’ Trade
Every trader needs a trade that produces. One that they can rely on and take with no hesitation. For me, that trade is the Wyckoff Spring. As long as i don't have a raging bear trend or serious SOW in the background, I look to take this trade every time it comes up. Is it perfect? Of course not, nothing is. But it is as close to perfect as i can get in this trading game, … [Read more...]
