Wyckoff Trading Method

June 12th, 2011, 10:23 AM

ctmvas

I watched the webinar for 6/5/11. Gary knows his stuff, but one thing he was wrong about was the s&p. He was trying to prove someone wrong in the chatroom that the s&p was not going down. He was arguing with this individual in the chat room for a while. Well, he was wrong. It proves to show the one's with the most knowledge can be wrong.

hi ctmvas

could u refer wehre the discussion starts at what minute of the video ?

thnx

June 12th, 2011, 04:18 PM

StockJock

What program do you use for PnF charts?

I use ThinkorSwim

Monkey Bars Extended

June 12th, 2011, 06:31 PM

PrymeTyme

hi ctmvas

could u refer wehre the discussion starts at what minute of the video ?

thnx

I dont remember. I watched it last night. It was within the last hour.

June 13th, 2011, 05:39 AM

Hi David,

Nice thread. I really like the videos.

A special thanks for the video that covered the Euro. I guess the same principle applies to most if not all markets. Keep up the great work!

Much appreciated.

emini

June 13th, 2011, 07:35 AM

Hi David R,

I am simply trying to learn and understand the Wyckoff method. Could you please comment on the pics I posted? It is the Euro from early this morning.

I am not trading live. I am simply putting in a lot of screentime. Any and all comments welcome. Again, I emphasize I'm just trying to learn.

Thanks,
emini

June 13th, 2011, 10:24 PM

eminitrdr

Hi David R,

I am simply trying to learn and understand the Wyckoff method. Could you please comment on the pics I posted? It is the Euro from early this morning.

I am not trading live. I am simply putting in a lot of screentime. Any and all comments welcome. Again, I emphasize I'm just trying to learn.

Thanks,
emini

Emini,

I would say you saw the spring correctly. From the charts you posted the Euro is in somewhat of a trading range and springs can be taken in trading ranges. The high volume bar closing on its high is a good sign of strength.

My only comment is to not take too narrow of a view of the market. In other words, be aware of what is happening in a broader view. Is the trend up or down. The spring may have worked out, but is it the trade to be looking for. I don't know.

Continue to post on the thread as much as you want.

David

June 14th, 2011, 12:21 AM

Video for today. A look at CL and 6E and just a quick look at gold.

If you want to see other markets, or anything else related to Wyckoff, let me know.

David

June 14th, 2011, 07:32 AM

Massive l

I use ThinkorSwim

Monkey Bars Extended

Hi Massive,

I saw the Monkey Bars Indicator, but I have difficulty getting the parameters right. The pattern does look somewhat like a PnF chart, but are you sure that's what they are. I don't know how they are calculated and I'm trying to find out more about them. By the way the indicator is plotted, the code might be able to be modified to make actual PnF charts after a lot of programming. What parameters do you use to get the plot that you displayed? I don't know why the ThinkOrSwim programmers decided to add an obscure chart type such as Monkey Bars when so many people in the thinkscript programming forum have been asking for PnF charts. Has anyone else ever heard of Monkey Bars?

Edit: Ok. I did find something about Monkey Bars. They are a concept from Market Profile, not PnF. See TOS Monkey Bars

June 14th, 2011, 11:54 PM

A look a the Daily charts for the ES, NQ, TF and the YM.

David

June 15th, 2011, 12:57 AM

StockJock

Hi Massive,

I saw the Monkey Bars Indicator, but I have difficulty getting the parameters right. The pattern does look somewhat like a PnF chart, but are you sure that's what they are. I don't know how they are calculated and I'm trying to find out more about them. By the way the indicator is plotted, the code might be able to be modified to make actual PnF charts after a lot of programming. What parameters do you use to get the plot that you displayed? I don't know why the ThinkOrSwim programmers decided to add an obscure chart type such as Monkey Bars when so many people in the thinkscript programming forum have been asking for PnF charts. Has anyone else ever heard of Monkey Bars?

Edit: Ok. I did find something about Monkey Bars. They are a concept from Market Profile, not PnF. See TOS Monkey Bars

Monkey Bars and monkey bars extended are two different things.

Monkey Bars extended are the same as PnF from my perspective. I use a 3 point chart for /ES.
They are under chart settings under style.

Volume Profile is better than Monkey Bars IMO. Monkey Bars are based on Time Price Opportunity.

Wyckoff Trading Method

Discussion in Traders Hideout

Wyckoff Trading Method