The Wyckoff Method is surely a robust trading method once you learn how to apply it and also once you learn to trust it. Trading in the S&P e-Minis during the US morning session today was textbook. Anticipating Today's Action Yesterday In last night's post, I indicated that yesterday, the market held its gains well and that more upside progress was likely. I also noted … [Read more...]
Four Great Trades in the ES Over the Last Two Days
The S&P e-Mini has been a great vehicle for trading lately. When the volatility increases, it conforms very well to Wyckoff Method principles. We see springs, UTs, low volatility pullbacks, shortening of the thrust and other principles first highlighted by Richard Wyckoff. Here's a chart of the last two days. Monday Trades: Yesterday (Monday) we saw continuation of … [Read more...]
A Trend Day Up in S&Ps
We were looking for a rally today, and we sure got a nice one! Let's take a look at how you can trade such a day: Three Simple Tools can be a 'Killer' Combination In the S&P e-minis and other active intraday markets, the combination of tick charts, the Weis Wave and the 3-10 Oscillator can be a ‘killer’ combination. In last night’s post, I stated that I was looking for a … [Read more...]