Taylor Trading Technique

[elovemer 10]

if there had been a down day previous...

then they probably would not have squeezed it into the close

 

it might have been a low made first.... instead of a low made last

 

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

[elovemer 10]

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

[elovemer 10]

take profit same day

[elovemer 10]

high made first ... scalp short

 

reverse to long if possible

 

 

 

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

[elovemer 10]

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

 

Started rereading this thread from the beginning.Glad you've kept this going E.Hope you don't mind me joining you here again. Markup high made first ideal for a short sell day today.

If price is dropping slowly short should be held for a low made first on weds buy day..correct?

[elovemer 10]

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

[elovemer 10]

.... 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

[elovemer 10]

friday SS day ....

low made first for a scalp long

 

new lows can still be made so take profit

[elovemer 10]

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

[elovemer 10]

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

[elovemer 10]

my mistake.

last buy day was thursday.

friday was sell day.

tuesday is short day.

wednesday is buy day.

 

 

tuesday is buy day

there will be no buy point .... most likely

[elovemer 10]

nothing is moved.

thursday was the last buy day.

monday cash is closed.

wednesday is next buy day.

[elovemer 10]

low put in on tuesday

 

good setup for a long below that low .... on wednesday

[elovemer 10]

wednesday was the last buy day

tuesday was the next buy day

............................ so .......................... friday is the next buy day

... by my count

 

nothing is moved.

thursday was the last buy day.

monday cash is closed.

wednesday is next buy day.

[elovemer 10]

yeah.... so yesterday tuesday was the next buy day

: 0 )

 

wednesday is buy day by my count.

[elovemer 10]

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

[elovemer 10]

friday is buy day

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

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

[SILVER 10]

Great thread! Thanks a lot for keeping alive.....I

[elovemer 10]

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

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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

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strict taylor method says no action until short day which is tuesday

 

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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

[elovemer 10]

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

[elovemer 10]

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

[Gann Trader 10]

I have the Taylor Trading manual since 2002 but never took the time to really study it, I discovered this site from a google search and I am happy to read from this thread that others are actively trading this mehod. I would like to know if anyone can recommend any software add on for tradestation or perhaps some has already programmed it for trade station, it would be nice to use a computerized version of the method to test and verify the results . I found a website called, Taylor Trading Technique services, would love to hear from anyone who has used the service, any comments or criticism.

 

Has anyone used this method successfully

 

thanks

[elovemer 10]

..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

[elovemer 10]

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%

[elovemer 10]

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

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another nice thing about taylor methods .... no indicators are necessary

 

taylor says you don't even need a chart

probably don't