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Trading the 6E Old School, With a Twist
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Trading the 6E Old School, With a Twist

  #361 (permalink)
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In this webinar Linda Bradford Raschke on Day Type, Taylor Trading, Trade Location, More - YouTube Linda Raschke says you have to "read between the lines," if you attempt to read the Taylor book. I've posted a few quotes from the book on the charts just as a guide to what Taylor was looking for on each of the 3 days of the "3 Day Cycle." Today was the Sell Short Day and one of Taylor's directives was, "Should the 'sell off' be severe and with activity ,,,,,we cover our short sale on dullness ,,,,." I think what Linda was suggesting when she said, "read between the lines," was in reference to wording like, severe and dullness. There is no way I could decipher and post My opinion of all the Taylor "terminology" on this thread. I've studied this book off and on for many years and I'm still learning it!

So, Taylor gave us directions to take profits and stand aside when the sell off appeared to be "severe and with activity." He also gave directions on what to do if the reaction after penetration of the Selling Day High was, ",,,,in 'no hurry and just trades down." If the market, is ",,,,in 'no hurry and just trades down," Taylor says, ",,,,we stay short anticipating our covering point, next day, on the Buying Day." I believe what Taylor is describing when he says, ",,,,in 'no hurry and just trades down," is what most of us call a slow grinding (dartboard, yo-yo) trend. After the "severe and with activity," move this morning price "snapped back" and IMO got "in 'no hurry" and just traded down.

This book is tough, it's kind-of like stepping "back in time." I find, as Linda said in the webinar the method still works with "24 hour" markets. I don't believe it can be used "tic for tac" as originally written, but I'll suggest as Linda did, read between the lines, that is if you can get your hands on a copy.



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Last edited by Cashish; July 25th, 2013 at 07:41 AM. Reason: Add Chart & Comments
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  #362 (permalink)
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George Douglas Taylor

https://futures.io/wiki/trading-wiki/George-Douglas-Taylor

Google will bring up a plethora of material, including a PDF which "looks" like it may contain the majority (all?) of his work

The Taylor Trading Technique: George Douglass Taylor: 9780934380249: Amazon.com: Books

-Bill

EDIT

Short explanation here

http://ebookbrowse.com/lss-3-day-cycle-method-george-angell-21351-pdf-d118022381


Last edited by WilleeMac; July 24th, 2013 at 01:45 PM.
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  #363 (permalink)
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WilleeMac View Post
https://futures.io/wiki/trading-wiki/George-Douglas-Taylor

Google will bring up a plethora of material, including a PDF which "looks" like it may contain the majority (all?) of his work

The Taylor Trading Technique: George Douglass Taylor: 9780934380249: Amazon.com: Books

-Bill

EDIT

Short explanation here

LSS 3 Day Cycle Method George Angell[21351] pdf free ebook download from thewall.pitnews.com


The following is my opinion.

Opinions are like assholes, we all have one and they usually stink! I believe this statement holds true especially amongst market participants. There is/was only one George Douglas Taylor (trader) and he wrote the book, The Taylor Trading Technique. There have been many aspects of the work Taylor published entwined within countless trading systems and methods expressed and marketed in the last fifty plus years. If anyone really wants to study the Taylor Book Method I strongly suggest getting the book. The original work of Taylor has been sliced and diced by some pretty "honorable" and "well-known" traders, but the fact is their work, often completely omits many of the finer details of the method, the "what-if's" if you will. Taylor's work (if studied) will change the way traders view the market, and with a thorough understanding of the "what-if's" I believe it will change the way they trade. This book might not be worth the $1000.00 and up price tag posted on some of the on-line book stores but then again, that could be one trade. There is a reason to the mysterious unavailability of this book but I don't think it is gone "from the shelf forever." I believe the final resting place of the original work (now) is on a server at TraderPlanet. If I was in the market to locate and purchase this book I would start there, maybe a simple e-mail would answer all the riddles. Good Luck




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The trail begins with this Asshole, of all people.


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The full text of the snip above
PFGBEST | Leadership




The reason I believe the "rights" are at TraderPlanet.


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The TraderPlanet Link
TraderPlanet - Trading and Investment Resource Portal

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  #364 (permalink)
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@Cashish

Let me google that for you

I don't think I'm allowed to directly upload the PDF, but its the third link from the top.


"If I agreed with you, we'd both be wrong."
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  #365 (permalink)
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Thank you sir

I found this on Google, if the link did not get reorganized it's the third from the top [PDF] THE TAYLOR TRADING TECHNIQUE

The search I used was "george taylor trading book method"

https://www.google.com/search?q=george%20taylor%20trading%20book%20method&ie=utf...x-a&channel=np&source=hp



Trading the 6E Old School, With a Twist-taylorbookmethod.pdf


Chapter 1 is missing pgs 10-11
Several of the chapters will end for example on pg13 and the next chapter starts on pg15
Chapter XIII is actually pgs 65-67
Chapter XIV, not listed in the table of contents is pgs 69-72 (listed as chapter XIII)

And pgs 103-127 are not there

I'm using this as start, Amazon has the book new (so they say) for 449.00

-Bill

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Sweet!


addchild View Post
@Cashish

Let me google that for you

I don't think I'm allowed to directly upload the PDF, but its the third link from the top.


Just added that to the 827 books I've got lined up for research. Thanks @addchild.

Cheers!

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Gann is the Man


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Not sure where I got this but I found them in some papers I was looking through.

Gann's 4 Essential Qualities
(for traders)
  • 1. Patience
    2. Knowledge
    3. Guts
    4. Health and Rest

I struggle with the last one

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Cashish View Post
Gann is the Man


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Not sure where I got this but I found them in some papers I was looking through.

Gann's 4 Essential Qualities
(for traders)
  • 1. Patience
    2. Knowledge
    3. Guts
    4. Health and Rest

I struggle with the last one

4a improved my 1

London Calling
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Whole numbers

@Cashish

I understand the concept, question

For whole numbers we have for example

1.3000, 1.3100, 3200, 3300 etc, and 1.3050, 1.3150, 3250, 3350 etc

Do we look at micro levels in between 3200 and 3250 or just keep it simple?


+++++++++++++++++++++++++++++++++++++++++++++++++++++++

Also and probably more importantly is, what are relatively (relative is probably the best word since futs are so damn fluid) good signs of accumulation vs distribution either on M1 and/ or M5?

This morning's range between 0430am est and 0520am was in a ~10 tick/p range

Thanks

-Bill

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https://futures.io/trading-journals/15779-trading-6e-euro-eur-usd-futures-contract-old-school-twist-35.html#post344595

"Today's" 2 X Sell Number aligns with one of these levels I also take notice.

Buying a High is not for the faint of heart, but it can be profitable if a trader has a well defined target and most importantly strict risk management. This target (2 X Sell Number, 1.3156)

++++++++++++++++++++++++++++++++++++++++++++++++++++++

For the likes of me I can't figure out the calculation of this number

Any help is much appreciatted

Thanks

-Bill


Last edited by WilleeMac; August 1st, 2013 at 06:15 PM. Reason: clarity
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