A Short Study of Volume Here is a short study of volume in this morning’s S&P futures (ES, e-Mini). We are using the Weis Wave, which aggregates wave volume, and the 3,000 Tick chart, which shows overnight waves well. A: Supply into yesterday’s low, no question about it. B: We break … Continue Reading
Current Blog
Anatomy of a Day Trade
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 … Continue Reading
Scratch Trade
Scratch Trade Do you scratch trades? By scratching, I don’t mean rubbing your trade aggressively. It’s taking the trade off when things are working out. Usually, we exit the trade in a scratch at or very close to entry. No gain, no loss – a scratch trade. Here’s a good example of a scratch trade from … Continue Reading
Wyckoff Trading
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 … Continue Reading
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 … Continue Reading
Trading Psychology
Trading Psychology: Cutting Winning Trades Short
The trading psychology of cutting winning trades short is addressed in this short video blog. Do you know it has mostly to do with your thinking? It's not that your thinking is flawed. The flaw is … Continue Reading
It isn’t just Emotions: How Thinking Affects Trading
Thinking affects trading, though we usually are not aware of it. Traders focus on their emotions and try to bring them under control. There's no doubt that strong emotions like fear, greed anger and others can … Continue Reading
