Trading the Wyckoff Method: Today's S&Ps Last night, we held a seminar on trading the Wyckoff Method focusing on the signs of strength and signs of weakness. We incorporated Tom Williams’s work on the SOS and SOW and my work on coordinating these with multiple time frames. It was a terrific group of traders, asking incisive questions about the material. We went on for … [Read more...]
Follow-Up in the S&Ps
Yesterday, resistance was identified in the area of 1965 - 1970. Today, the market stopped it's upward movement at 1968.25. Today--marked A on the chart--was an up day. Although it was up, it also traded inside the range of the previous day. We had good volume, but the market remained largely range-bound. We could be seeing the market accumulating around support as we have … [Read more...]
Trade Mindfully
As many of the readers of this blog know, I have been writing a book on trading psychology. Last week, I submitted the manuscript to the publisher, John Wiley & Sons, Inc. Wiley has put it up on it's website. You can see a preview of the book at this link: Trade Mindfully by Gary Dayton You can also find it on Amazon, at this link: Trade Mindfully at Amazon.com The book … [Read more...]
