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Score another one for Taylor. He would have held his long position from yesterday's low overnight and taken profit near the high. As is also expected on a Sell Day price didn't do much directionally today. We did make a new high but after the first slow push up price noodled between the...

One more comment about the NQ's price action today. The gap makes for an obvious line in the sand for a lot of traders. I would expect a rally into the gap but if it remains open I would expect a larger corrective more down. If it is filled I would expect another high. Of course anything can...

Obviously I won't be posting 6 charts a day...

I'm not sure how many people here have read Taylor or even heard of him but he was a trader in the 40s and 50s who developed a method for swing trading whose point of departure is that markets are manipulated and the shorter-term professionals use a 3-day cycle to complete there buying and...

This is my first attempt at a trading journal. I guess my specific story is really unimportant. The short version is I became obsessed with trading. I read everything I could get my hands on. I was drawn to a lot of the older writings immediately. Wyckoff in particular resonated with me...

Thanks DBP, I will start a journal this weekend. I'm curious if you would ever amend your hourly chart in the way I show below (to include the blue channel)? I discovered your thread on the other site after I first started reading Wyckoff's original course. Most everything I do is some...

I hope its okay to post my charts here even though I don't strictly adhere to DBP's teachings. I chart the NQ using a 133 tick chart - its the smallest tick chart my package offers. I do have a volume indicator I use when I trade but just for confirmation of the price action. I will leave...

Posting to subscribe - will contribute shortly...