Anatomy of a Day Trade Here is a trade taken this morning (Friday, June 15th). We’ll see how this set up, was traded and it’s outcome. Last night in my weekly Deep Practice program, I cautioned members that the weekly chart was looking weak. The narrow range of the past four days didn’t inspire bullish confidence. We discussed the weekly and noted that were the … [Read more...]
Wyckoff Morning Trade
Wyckoff Morning Trade Yesterday, a Wyckoff Spring lit the market and triggered a strong rally. Last night in the Asian and European session, there was not much trading and no real follow through to the upside (you see this clearly on the tick chart). What trading did occur left us overbought in the trend channel. What happened to all that buying from … [Read more...]
Morning Trades
Morning Trades: Wyckoff Trading This has been a very good morning for Wyckoff traders in the S&P futures. The market continued to rally after yesterday’s strong up move. It’s not a surprise to see follow-through the next morning. Two long trades (one still active as of this writing) and a short, all based on the interplay between Wyckoff principles and market … [Read more...]
The Beauty of Wyckoff Trading
The Beauty of Wyckoff Trading Many times throughout the trading week, we can see the beauty of Wyckoff Trading. Setups occur that most traders are unaware of, don't require expensive and confusing indicators, and set up in such a way that the the risk is lessened. It really is a beautiful way to trade. We will be having a free webinar on the Wyckoff Method on Wednesday, … [Read more...]
Free Webinar Today: Wyckoff Principles
Free Webinar Today: Wyckoff Principles We will be holding a free webinar today on Wyckoff trading principles. We will start at 4:30 PM ET and run about 35-45 minutes. We will look at recent market action in the S&Ps, Crude Oil, and the GBP-USD FX Cross. We'll see how Wyckoff principles played out in these markets across different time frames. Want to see how to use … [Read more...]
