Wyckoff Trading Method - Traders Hideout | futures io social day trading
futures io futures trading


Wyckoff Trading Method
Updated: Views / Replies:247,832 / 1,384
Created: by David_R Attachments:696

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 696  
 
Thread Tools Search this Thread
 

Wyckoff Trading Method

  #391 (permalink)
Elite Member
San Jose, Ca
 
Futures Experience: Beginner
Platform: Ninja
Broker/Data: AMP/CQG
Favorite Futures: Something moving
 
David_R's Avatar
 
Posts: 1,510 since Nov 2009
Thanks: 2,267 given, 2,371 received

Update of Soybeans, Gold, 6E, CL and ES

Here are some charts of the instruments listed above. Beans has been playing out well. I wish I had traded it. Gold seems like more downside to come once its done, but we will see. 6E, CL and ES have me confused. I'm not sure if the down move is over or not, but there could be some strength before a move down. Or I could be way off. We will see.

David

Attached Thumbnails
Wyckoff Trading Method-soybeand_10911.png   Wyckoff Trading Method-gold_10911.png   Wyckoff Trading Method-6e_100911.png   Wyckoff Trading Method-cl100911.png   Wyckoff Trading Method-es100911.png  
Reply With Quote
The following user says Thank You to David_R for this post:
 
  #392 (permalink)
Elite Member
San Jose, Ca
 
Futures Experience: Beginner
Platform: Ninja
Broker/Data: AMP/CQG
Favorite Futures: Something moving
 
David_R's Avatar
 
Posts: 1,510 since Nov 2009
Thanks: 2,267 given, 2,371 received

Update of Soybeans, Gold, 6E, CL and ES

Another update to the instruments above. We did break higher on all of the above, but gold has been the weakest. I think we are at resistance and could pullback before going higher, or we could just make another push higher. Volume is not behind the move, but markets can rise on low volume. We will see for how long.

In the charts from the prior update I question if there was a lower high in gold. The high was taken out.


David

Attached Thumbnails
Wyckoff Trading Method-soybeans101111.png   Wyckoff Trading Method-6e_60_min_101111.png   Wyckoff Trading Method-es101111.png   Wyckoff Trading Method-gc101111.png   Wyckoff Trading Method-cl101111.png  
Reply With Quote
The following user says Thank You to David_R for this post:
 
  #393 (permalink)
Elite Member
San Jose, Ca
 
Futures Experience: Beginner
Platform: Ninja
Broker/Data: AMP/CQG
Favorite Futures: Something moving
 
David_R's Avatar
 
Posts: 1,510 since Nov 2009
Thanks: 2,267 given, 2,371 received

Update of Soybeans, Gold, 6E, CL and ES


Here is the latest update of the instruments above.

I feel as though beans could be setting up for a nice short opportunity at ICE around 1300. Lets see if it gets there.

Gold has been in a sideways to higher grind and at some point decide what it wants to do. At first i though we would get a move to the downside, which we may, but I'm wondering if we see a burst up first. I don't know.

6E, CL and ES all seem similar and seem to want to go higher before any move lower.

D

Attached Thumbnails
Wyckoff Trading Method-zs_daily_60101411.png   Wyckoff Trading Method-cl_daily_60_101511.png   Wyckoff Trading Method-gc_daily_60_101511.png   Wyckoff Trading Method-6e_daily_60_101511.png   Wyckoff Trading Method-es_daily_60_101511.png  
Reply With Quote
The following 3 users say Thank You to David_R for this post:
 
  #394 (permalink)
Sharpening mental edge
the congo
 
Futures Experience: Advanced
Platform: North sea oil rig
Favorite Futures: Cl
 
rassi's Avatar
 
Posts: 834 since Jun 2009
Thanks: 1,167 given, 941 received
Forum Reputation: Legendary


David_R View Post
Here is the latest update of the instruments above.

I feel as though beans could be setting up for a nice short opportunity at ICE around 1300. Lets see if it gets there.

Gold has been in a sideways to higher grind and at some point decide what it wants to do. At first i though we would get a move to the downside, which we may, but I'm wondering if we see a burst up first. I don't know.

6E, CL and ES all seem similar and seem to want to go higher before any move lower.

D

Hey David,

We are on exactly the same page re the 6E

Reply With Quote
The following user says Thank You to rassi for this post:
 
  #395 (permalink)
Elite Member
San Jose, Ca
 
Futures Experience: Beginner
Platform: Ninja
Broker/Data: AMP/CQG
Favorite Futures: Something moving
 
David_R's Avatar
 
Posts: 1,510 since Nov 2009
Thanks: 2,267 given, 2,371 received

Update of Soybeans, Gold, 6E, CL and ES

Sorry I have not updated charts in awhile. Attached are updates to the above markets.

d

Attached Thumbnails
Wyckoff Trading Method-zs_102411.png   Wyckoff Trading Method-gc_102411.png   Wyckoff Trading Method-6e_102411.png   Wyckoff Trading Method-cl_102411.png   Wyckoff Trading Method-es_102411.png  
Reply With Quote
The following 3 users say Thank You to David_R for this post:
 
  #396 (permalink)
Elite Member
Big City, MA
 
Futures Experience: Intermediate
Platform: AMP Ninjatrader
Favorite Futures: ES, CL, NQ, TF
 
Posts: 79 since Nov 2010
Thanks: 3 given, 16 received


David_R View Post
Rassi,

I've been around. Sometimes I get very frustrated with trading and think I'll give up. Mostly due to dump ass mistakes. I'm trying hard to be disciplined and patient, but that is my biggest challenge.

Thanks for the charts.

David

What kind of mistakes were you making?

Reply With Quote
 
  #397 (permalink)
Elite Member
San Jose, Ca
 
Futures Experience: Beginner
Platform: Ninja
Broker/Data: AMP/CQG
Favorite Futures: Something moving
 
David_R's Avatar
 
Posts: 1,510 since Nov 2009
Thanks: 2,267 given, 2,371 received


ctmvas View Post
What kind of mistakes were you making?


Just name it and I make it. Impatience and fear of missing out has me entering too soon and fear of loss has me exiting too soon. Greed has me over leveraging. I had a string a of positive trades with larger size that ended and continued to use larger size than I should to make it back. Revenge trading. Its like the complete opposite of the way one needs to be in this business. The last few weeks I have been improving, but I need to keep on top of myself at all times. The urge to act impulsively is there and I need to talk to myself to make sure I am trading setups and not emotions.

thanks for asking.

David

Reply With Quote
 
  #398 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,240 since Jun 2009
Thanks: 29,353 given, 83,234 received

I know it's a bit far off (scheduling can be complicated), but Dr. Gary Dayton will be back to talk about trading the Wyckoff Method on December 13th @ 4:30PM, and answering questions as well:

https://futures.io/elite-circle/3383-upcoming-webinars-training-education-32.html#post165390

(more details to come).

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
The following user says Thank You to Big Mike for this post:
 
  #399 (permalink)
Elite Member
San Jose, Ca
 
Futures Experience: Beginner
Platform: Ninja
Broker/Data: AMP/CQG
Favorite Futures: Something moving
 
David_R's Avatar
 
Posts: 1,510 since Nov 2009
Thanks: 2,267 given, 2,371 received

Possible ES setup

ES tried to breakout to the upside, but couldn't. Since it could not rally it sold off. It is now pulling back on weak volume. Could see another leg down.

Update: first line of resistance did not hold. May be returning to test ice. If gets back inside sideways range and holds, probably goes higher.

David

Attached Thumbnails
Wyckoff Trading Method-es.jpg  

Last edited by David_R; November 4th, 2011 at 03:12 PM. Reason: updated chart
Reply With Quote
 
  #400 (permalink)
Elite Member
San Jose, Ca
 
Futures Experience: Beginner
Platform: Ninja
Broker/Data: AMP/CQG
Favorite Futures: Something moving
 
David_R's Avatar
 
Posts: 1,510 since Nov 2009
Thanks: 2,267 given, 2,371 received

Gold Trade


I'm took a gold trade that is counter trend, but was at resistance in multiple way. It was at the top of the channel, at horizontal resistance, and there was shortening of the thrust at that level. I'm risking 5 points and looking for 20+. At the entry GC was already down 7+ points. I expect to see continuation to the downside, at least for Wednesday.

I will update tomorrow.

David

Attached Thumbnails
Wyckoff Trading Method-gc120110811.png  
Reply With Quote

Reply



futures io > > > Wyckoff Trading Method

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Webinar: Wyckoff Method Tuesday, May 10th @ 4:30 PM Eastern Time DrGary The Elite Circle 23 January 27th, 2016 10:50 PM
TF trading using CCI method-it works ESFXtrader Emini Index Futures Trading 426 December 21st, 2014 07:27 PM
A simple trading method that produces results. kevinhenjum Elite Automated Trading 29 November 9th, 2011 11:00 AM
GomCluster Trading Method RODLM Elite Automated Trading 10 October 28th, 2011 07:05 AM
Is here anybody who is trading Felton method? Experiences? redford007 Trading Reviews and Vendors 3 June 6th, 2011 06:01 PM


All times are GMT -4. The time now is 06:07 PM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-15 in 0.15 seconds with 20 queries on phoenix via your IP 54.145.16.43