Shamal

Many thanks to you both WHY? and Richbois for taking the trouble to expand, has cleared away lot of my confusion on this method. will try it out and see for myself how it works in realtime.

WHY? actually I was not looking for any info. on the software but if I understand it correctly anybody in this and age who does not have your kind of software and has created a book or if say 3 people have created their books at different times would all end up with a cycle which would not truly reflect what is going on in the market ie. manipulation., hence taylor method would be invalid. am I right. I have reframed the question in the previous post, ""Having studied the posts on this thread and some taylor, I find the following very confusing: both you and richbois have mentioned that the book can be started by taking 10days data and marking the lowest low and go from there. If 3 people started such a book on different days or months they are each going to end up calling a particular day either as buy, sell or ssday, hence their strategies will be different for that day. for example tomorrow each would have a different day. 1. How is this going to work out as each has different scenarios to apply. 2. From posts here and in taylor, the market cycles are explained in terms of market manipulation by those who obviously have deep pockets to do that, with the above 3 differing days for each trader, it just doesn't make sense. as the cycle that each of the trader who created the book at different times is understood to be different but the manipulators are not changing according to who created the book. perhaps you can comment on this.

BF, how do you do that in Avast. presume it is both anti-virus and anti-spy, correct me if I am wrong

Having studied the posts on this thread and some taylor, I find the following very confusing: both you and richbois have mentioned that the book can be started by taking 10days data and marking the lowest low and go from there. If 3 people started such a book in different days or months they are going to end up calling a particular day either as buy, sell or ssday, hence their strategies will be different for that day. 1. How is this going to work out as each has different scenarios to apply. 2. From posts here and in taylor, the market cycles are explained in terms of market manipulation by those who obviously have deep pockets to do that, with the above 3 differing days for each trader, it just doesn't make sense. would be grateful if this can be explained.

You are spot on Eiger, all professions have their unique terms, having had experience with lawyers. As was pointed out by others take away the main concepts from a method and prove for yourself if they work or not. if not, well on to something else.

infact your examples are very clear, I was confused about first somebody saying the market was weak at that point(referring to Tasuki's chart) and then there was something about floating supply , that does not make sense in a futures market. so when I read the short post of Monad, the answer seemed obvious which was then confirmed by your post. in between there are so many posts I was not sure what to make of.

Was that not pointed out rather succinctly by monad in response to tasuki few posts back: "Tasuki, After a substantial downtrend, it indicates that the supply has been absorbed on the previous high vol down bar (strength appears on down bars) and now the buyers are able to push prices up without meeting much resistance. No demand is of more validity after a rapid rise followed by a climax ie. signs of weakness."

UrmaBlume, Is it possible to illustrate some realtime trading examples based on all this, taking yesterdays ES market or day before.

Thanks monad for the info. the main price moves did turn out that way. there is obviously lot going for this methodology. I posed this question in the chatroom today, not many takers in there, they claim they trade mainly market profile, price/vol, Dbphoenix who is very much Wyckoff man, is doubtful if there are any cycles in the market at all. Overall it appears most shun away from Taylor, wonder why? from the posts on this thread especially those of WHY?, there appears to be logic.

Eiger, have you considered using tick divergence as advocated by Dbphoenix go gain entry and also for exit purposes. as regards your take on market accumulation, markup, etc, I found the posts on Taylor thread quite informative in this repect, however I posed this question in the chat room today, not a single positive response to this method, infact Db is skeptical if there is a cycle at all.

Monad, richbois, WHY? Today based on all your analysis would make it a sell day, the markets are selling off big time. Anybody care to elaborate.

can you make some attempt to explain please.

Thanks steve for details , great info. couple of questions: Do you calculate pivots on the globex (high, low, close of 24hr market) or US open session (9.30a.m-4.15p.m) Also the trading activity prior to 9.30a.m is pretty thin, so how do you gauge aggressive moves of that period. As I watch the globex chart today on ES, notice rapid fall from 860 to 830 followed by consolidation. between S1 and S2, pivots based on globex high, low , close of yesterday. Plus today also reports on PPI, Retail Sales, Business Inventories, Consumer Sentiment due. Look forward to your take on this

Great thread, BB and BF, simple setup and very effective. Could you talk something about stop levels and managing trade. Suppose managing trade would be to keep with the trend of 20ema.

Do you primarily trade from 2min charts or do you use still lower timeframe like 1min or seconds. Do you use volume to guide your trading, I mean on each bar.

Am also interested in Taylor Trading, look forward to input from more experienced folks in here.

Interesting insights Steve, always willing to pay attention to what the big boys are upto. Look forward to your further input on the subject.