Taylor Trading Technique

[elovemer 10]

a good buy day comes at swing lows

and comes where the previous day was a down day

 

-----------------------------------

if buy day comes at highs.... or is not preceded by a down day .... it is no good

if buy day comes in between swing highs and lows.... it is no good

 

 

unless full on trend on daily chart.... where you can play every buy day

[elovemer 10]

buy day ... delayed .... thursday

[elovemer 10]

wed was last buy day ... in upper swing range

 

today is monday ... buy day ... in lower swing range

 

take profit same day if comes quickly

[Tams 20]

wed was last buy day ... in upper swing range

 

today is monday ... buy day ... in lower swing range

 

take profit same day if comes quickly

 

thanks for the heads up.

[elovemer 10]

what do you mean ?

...................

...................

 

thanks for the heads up.

[elovemer 10]

monday was buy day

.... tuesday ... buy day low violation

 

don't expect things to be perfect ... when putting in a swing turn

 

next buy day .... thursday

expect it to be a big one

[elovemer 10]

what does

 

elovemer

" COMPLETE " mean ?

[elovemer 10]

elovemer

 

COMPLETE FOOL

[elovemer 10]

got a ten pullback for thursday

 

take profit same day ......

 

monday was buy day

.... tuesday ... buy day low violation

don't expect things to be perfect ... when putting in a swing turn

next buy day .... thursday

expect it to be a big one

[elovemer 10]

friday is 3rd day up from the low......

[elovemer 10]

tuesday is next buy day

....

buy day and t-day together.... equals exciting

[elovemer 10]

no offense to the powers that be .... but the last couple of buy days seem to have been delayed by a day

Edited October 11, 2011 by elovemer

[elovemer 10]

today .. thursday was buy day

 

buy point 10 points below prev day low

[elovemer 10]

... if day prev to buy day is up ... F! it

 

... if day prev to buy day is down.... mark it

[elovemer 10]

monday is buy day ....

 

but need a down day first

[elovemer 10]

buy day was up

tuesday...sell day... down

 

may have to wait for next buy day ... for a buy point

[WHY? 16]

buy day was up

tuesday...sell day... down

 

may have to wait for next buy day ... for a buy point

 

You do realize don't you that you can go long on a sell day (second day of the cycle)? When the sell day makes a low early in the session (within first two hours) that is below the low of the previous day (which is a buy day)

 

When that happens then you go long at the bottom when the market stalls and get out on a pullback up to or just thru the low of the previous day (i.e. the buy day).

[elovemer 10]

hey... thanks.

 

buy day low violation ... yes.

 

You do realize don't you that you can go long on a sell day (second day of the cycle)?

When the sell day makes a low early in the session (within first two hours) that is below the low of the previous day (which is a buy day)

When that happens then you go long at the bottom when the market stalls and get out on a pullback up to or just thru the low of the previous day (i.e. the buy day).

[elovemer 10]

buy day was up

 

sell day was down ...

 

buy point on SS day

..............................................

thursday is buy day

[bobcollett 10]

Hi elovemer

I also make today a buy day

But we expect a news release on the Greece problem, which could be negative.

Do we still buy or sit out the day?

regards

bobc

[elovemer 10]

for me ... the buy point was on SS day ... wednesday

on a penetration of the low of sell day ... tuesday

 

but on my count... i still have thursday as buy day

 

i am looking for a down day which does not occur at swing highs ... then a penetration of that low

this buy point... could come a day before or after buy day... or on buy day itself

 

depending on when the down day comes.... but the cycle is kept the same

 

Hi elovemer

I also make today a buy day

But we expect a news release on the Greece problem, which could be negative.

Do we still buy or sit out the day?

regards

bobc

 

buy day was up

sell day was down ...

 

buy point on SS day

......................... .....................

thursday is buy day

[elovemer 10]

it may not seem like much .... a down day which is not at swing highs... and a penetration of that down the next day

 

but it does not happen that often ... in an uptrend

 

and if you get one .... you can ride it for more than 1 cycle

[elovemer 10]

tuesday ... buy day

 

monday SS day ... put in a low

 

 

10 points below monday low is a long on a low made first....

 

...... whether it holds or not for a swing.... is another matter

[elovemer 10]

opened 40 points down

 

opening at 10 points down would have been better.

 

tuesday ... buy day

monday SS day ... put in a low

10 points below monday low is a long on a low made first....

...... whether it holds or not for a swing.... is another matter

[elovemer 10]

friday is next buy day

 

however SS day was not down .... so there will be no buy point