Taylor Trading Technique

[elovemer 10]

no down day yet

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[elovemer 10]

tuesday .... buy day ...

.............. if monday is also down .... could be very nice setup for tuesday

[elovemer 10]

the only penetration .... happened during globex session

[elovemer 10]

friday is next buy day

....

below thursday low .... on a low made first

[elovemer 10]

got robbed by globex session again

[bobcollett 10]

got robbed by globex session again

 

elovemer

Are you including the overnight trade in your analysis?

Regards

bobc

[elovemer 10]

well you know bob...

i was thinking about this today.

 

the best i could come up with is

 

1. if the down day ends with a bounce... up from the low

........... then the buy point can be the next day on a retest of the low

 

2. if the down day ends at the low without a bounce

............ then the buy point can be during the globex session ... below the trading hours low

 

having said that... a retest of thursday low could still be a buy point ..... next week

 

 

 

elovemer

Are you including the overnight trade in your analysis?

Regards

bobc

[elovemer 10]

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[elovemer 10]

possible value below thursday low

[elovemer 10]

so far...... so good

 

have to wait to see if can get follow through or not on the long

[elovemer 10]

SS day is a down day

 

buy day wednesday is a long 10 points below the low

 

open interest at 1200 ....

[elovemer 10]

so far

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SS day is a down day

buy day wednesday is a long 10 points below the low

open interest at 1200 ....

[elovemer 10]

was.......

 

.... a long below previous low

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[elovemer 10]

friday is SS day ....

could be a scalp short on a high made first

 

monday is next buy day

 

was.......

.... a long below previous low

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[elovemer 10]

on thursday

possible value below prev low

green line

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[elovemer 10]

monday buy day

10 below friday low

 

friday is SS day ....

could be a scalp short on a high made first

monday is next buy day

[elovemer 10]

gain not coming until next day .....

take profit at tuesday open

 

monday buy day

10 below friday low

[elovemer 10]

wednesday is SS day

 

high made first is a short

 

low made first is a scalp long

[elovemer 10]

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[bobcollett 10]

Hi elovemer

What happens to the count when volume drys up , due to the Xmas holidays?

regards

bobc

[elovemer 10]

don't know what others do ....

what i do is .... if spx cash is open ... then i count it

 

Hi elovemer

What happens to the count when volume drys up , due to the Xmas holidays?

regards

bobc

[elovemer 10]

thursday is buy day below wednesday low

 

however a down day would create a better opportunity of course ... before buy point

[elovemer 10]

tuesday is the 3rd day up from the last pullback

and is SS day ... may be a good short on a high made first

wednesday is the next buy day ......

 

monday is not counted.....

[stockprofessor 10]

I read & appreciated this good technique of trading.

[elovemer 10]

wednesday is buy day ....

.... however tuesday was not a down day

 

a buy point would be better preceded by a down day

... if wednesday is a down day .... buy point could come on thursday