elovemer

.....Taylor keeps a book ... which has the averages for penetrations and for objectives .... i have not even begun keeping a book on here ....i am just using ten points as a rule of thumb on penetrations. ... and i am using fib extensions for cycle targets would love to dig Taylor up and ask him a few questions of my own.

i am not sure if you are addressing me or not. as for me ... i have wednesday as buy day however my buy point came on tuesday .... for me ... another buy point would have been created wednesday on a push below the low of tuesday my method is not strict Taylor method... strict Taylor method would call for a long on buy day wednesday on a low made first strict Taylor method also... i believe does not require that the low on buy day be below the low of sell day ...... though preferable

previous high did not come same day .... so hold on wednesday is buy day .... and would be the first day up from the buy point day ----------------------------------------------- another nice thing about taylor methods .... no indicators are necessary taylor says you don't even need a chart probably don't

all depends on the closers ... could drop back down before the close

..maybe i am asking too much in this case. .... looks like today could be the buy point coinciding with big 50%

on 2nd thought ... sell day did not really put in a low. because the low is not lower than the previous low so... a lower low would need to be put in... then a retest of that low ... this is my method... not taylor taylor calls for a long scalp on a low made first on short sell day otherwise a long on a low made first on buy day .... wednesday

low put in on sell day looking for a buy point below sell day low ... on short sell day tuesday on a low made first .... 10 points below previous day low

on buy day ... no real low put in so sell day could still be a buy below buy day's low ...... though that is not taylor method ------------------------------------------------------------------------------ for me .... i would like to see a low put in on monday then a test of that low ..... if there was a bounce after the low, then a test the following day ..... if there was no bounce.... and the low was put in at the close, then a test of that low during globex session --------------------------------------------------------- strict taylor method says no action until short day which is tuesday ---------------------------------------------------- however since the trend is strongly up .... i don't expect much of a pullback .. aka.... don't expect much of a low to be put in .... and if there is.... don't expect much of a retest of that low

friday is buy day ...................... .........................

take profit on sell day ........................................... thursday is short sell day ....... ... a short on a high made first for me ... a ( move made first ) should be 5-10 points in range

yeah.... so yesterday tuesday was the next buy day : 0 )

wednesday was the last buy day tuesday was the next buy day ............................ so .......................... friday is the next buy day ... by my count

low put in on tuesday good setup for a long below that low .... on wednesday

nothing is moved. thursday was the last buy day. monday cash is closed. wednesday is next buy day.

my mistake. last buy day was thursday. friday was sell day. tuesday is short day. wednesday is buy day.

monday is not counted as cash is closed... for me anyway

tuesday is buy day there will be no buy point .... most likely

friday SS day .... low made first for a scalp long new lows can still be made so take profit

.... there it is ... now it is up to the closers

wednesday put in a low ... so thursday could be a good buy point buy day thursday sell day .... a low below wednesday on a low made first however this up trend seems strong ... and it may just gap up again if it does just gap up ... then strict Taylor was best in this case because it only calls for a long below tuesday low

you know.... this thread is as much yours as it is mine in that neither one of us is the OP. apparently the OP has been lurking for a few years. ; ) wednesday is buy day by my count. however ... as tuesday was not down from monday, there is no real buy point already set up. so the true buy point if there is to be one may not come until thursday of course ... that is not the taylor method but rather just the way i play the taylor method for my own purposes. simple taylor method looks for a buy point on a low made first.... below tuesday low

nice to see the man who has been booted from a million trading forums i questioned them booting you from Little Mike's trading forum, and just for that ... they booted me too

high made first ... scalp short reverse to long if possible

take profit same day

tuesday was buy day wednesday was a low put in thursday is a long below the wednesday low so short sell day ... is the buy point.... that is the way i work Taylor 3 day friday is next buy day .... a short scalp on a high made first