Taylor Trading Technique (TTT) - futures io
futures io futures trading



Taylor Trading Technique (TTT)


Discussion in Trading Reviews and Vendors

Updated by FB2012
      Top Posters
    1. looks_one richbois with 21 posts (21 thanks)
    2. looks_two gio5959 with 17 posts (4 thanks)
    3. looks_3 Dragon with 5 posts (0 thanks)
    4. looks_4 FB2012 with 4 posts (4 thanks)
      Best Posters
    1. looks_one richbois with 1.0 thanks per post
    2. looks_two FB2012 with 1.0 thanks per post
    3. looks_3 KJAVED with 1.0 thanks per post
    4. looks_4 gio5959 with 0.2 thanks per post
    1. trending_up 31,704 views
    2. thumb_up 30 thanks given
    3. group 18 followers
    1. forum 56 replies
    2. attach_file 13 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 100,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
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

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

 
Search this Thread
 

Taylor Trading Technique (TTT)

(login for full post details)
  #41 (permalink)
Westlake, Oh
 
Experience: Beginner
Platform: NinjaTrader
Trading: CL
 
Riverend's Avatar
 
Posts: 362 since Jun 2009
Thanks: 1,510 given, 219 received


richbois View Post
Hi Vic

Today CL is on a Buy day. On Buy day we need to get a decline from the SS day high.
As you can see CL reached the average decline levels and continues to test these levels before the rally can start.

Thanks Rich,
I have your spreadsheet for today and printed out the PDF file. I'll look at it tonight.
Vic

Reply With Quote

Can you help answer these questions
from other members on futures io?
3x Fangdango
Traders Hideout
QDEL
Stocks and ETFs
Trade Summary Error
MultiCharts
Macros for flatten and reverse
TradeStation
NinjaTrader Applications Rejected
Brokers
 
Best Threads (Most Thanked)
in the last 7 days on futures io
VWAP for stock index futures trading?
53 thanks
Coronavirus COVID-19
19 thanks
Price Action Kewltech Style
15 thanks
The CL Crude-analysis Thread
9 thanks
Opinion on iron condor strategy
8 thanks
 
(login for full post details)
  #42 (permalink)
Bromont,QC
 
Experience: Intermediate
Platform: NT,TS,Esignal
Broker: Kinetick and AMP futures
Trading: US Index Futures
 
richbois's Avatar
 
Posts: 35 since Sep 2009
Thanks: 2 given, 25 received


gio5959 View Post
rich , are you saying that if on sell days, if we open below the buy day low the odds favor going back up to the buy day low?

i see we opened at 1054.5 on the es - the buy day low was 1059.25 - what were the odds of the es going back to 1059.25 today?

tia

If you look at the report line 17 (see picture)you see that during the last 20 cycles we had a rally 90% of the time. I we look at other recap which has data since Jan/2008 then it is 93%. So you can see that even when we had this bear market for 1.5 year we still had rallies on Sell days.

By the way as long as we get tick above the BdL it is considered a Rally.

We can also see that the average raly is normaly more than 1 tick.

Attached Thumbnails
Click image for larger version

Name:	ScreenHunter_05 Sep. 21 11.38.jpg
Views:	321
Size:	165.0 KB
ID:	2467  
Reply With Quote
 
(login for full post details)
  #43 (permalink)
Bromont,QC
 
Experience: Intermediate
Platform: NT,TS,Esignal
Broker: Kinetick and AMP futures
Trading: US Index Futures
 
richbois's Avatar
 
Posts: 35 since Sep 2009
Thanks: 2 given, 25 received



Riverend View Post
Thanks Rich,
I have your spreadsheet for today and printed out the PDF file. I'll look at it tonight.
Vic

Sorry I didnt make the relation

Reply With Quote
 
(login for full post details)
  #44 (permalink)
Bromont,QC
 
Experience: Intermediate
Platform: NT,TS,Esignal
Broker: Kinetick and AMP futures
Trading: US Index Futures
 
richbois's Avatar
 
Posts: 35 since Sep 2009
Thanks: 2 given, 25 received

TTT did pretty good today again on CL.

Yesterday it nailed the bottom and today pointed to a nice level for High of Day.

Attached Thumbnails
Click image for larger version

Name:	ScreenHunter_14 Sep. 22 14.22.jpg
Views:	302
Size:	185.6 KB
ID:	2514  
Reply With Quote
The following 2 users say Thank You to richbois for this post:
 
(login for full post details)
  #45 (permalink)
Bromont,QC
 
Experience: Intermediate
Platform: NT,TS,Esignal
Broker: Kinetick and AMP futures
Trading: US Index Futures
 
richbois's Avatar
 
Posts: 35 since Sep 2009
Thanks: 2 given, 25 received

Today was a SS day for CL.

After the reopen yesterday, CL tested the high and failed. That is the perfect SS day trade to go short.

So far it proved to be another perfect TTT day, reaching the 1st violation level.

This was a pretty good cycle for CL to show the normal way of trading TTT

Attached Thumbnails
Click image for larger version

Name:	ScreenHunter_15 Sep. 23 08.23.jpg
Views:	245
Size:	197.4 KB
ID:	2551  
Reply With Quote
The following user says Thank You to richbois for this post:
 
(login for full post details)
  #46 (permalink)
Chiron
 
Experience: None
Platform: ninjatrader
Broker: Amp Futures/Zen-Fire
Trading: ES
 
Posts: 740 since Aug 2009
Thanks: 25 given, 154 received

the es hit your ttt ma p d 1075 and dropped like a rock - nice job!

Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #47 (permalink)
Chiron
 
Experience: None
Platform: ninjatrader
Broker: Amp Futures/Zen-Fire
Trading: ES
 
Posts: 740 since Aug 2009
Thanks: 25 given, 154 received


gio5959 View Post
the es hit your ttt ma p d 1075 and dropped like a rock - nice job!

and when the es got to the other end at your ttt ma da 1056.85 - it stopped cold - very impressive

almost as good as my vibrations lol

Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #48 (permalink)
Bromont,QC
 
Experience: Intermediate
Platform: NT,TS,Esignal
Broker: Kinetick and AMP futures
Trading: US Index Futures
 
richbois's Avatar
 
Posts: 35 since Sep 2009
Thanks: 2 given, 25 received

I recieved a very good question by email today and thought I should share it with you all.

Hi Rich

Trying to get to grips with Taylor once again - your ebook has been enlightening.

I still struggle with an area I had trouble with on previous attempts at TTT - determining an uptrend from a downtrend (bull and bear) and what to expect on the different days when bears are in control.

I get the impression from your email commentaries that you may understand this - if there was any chance you could write a short document outlining your approach or point me to a part in Taylor's book where he might discuss it (I could never figure out how he determined the Uptrending areas and Downtrending areas in his "book" despite reading a few times).

Any enlightenment would be appreciated
Thanks.


Hi

Thank you for your comments on the E-book.

The way I see things, TTT has a standard basic pattern. Buy day we get a decline, Sell day a rally, and SS day continue rally and start the decline.

That is the perfect world. I also find that Taylor's comments were based on a more bullish than bearish market.

However it does work in both direction as evidence by my finding of the Positive 3 day rally even in extreme bear markets.

Now how do I figure out if we are in Bull or Bear trend. There is a few telltale signs that may help.

Bullish trend: Lite or no Declines on Buy day.
More occurrence of Penetrations vs Violations.
Above average Rallies
Above average 3 day rallies
Nothing to do with Taylor but more and larger gap up

Bear trends: Lite or no rallies on Sell days
Failed 3 day rally ( Big red flag)
Below average Rallies and 3 day rallies
Above average Declines
More occurrence of Violations vs Penetrations.
Nothing to do with Taylor but more and larger gap down

This is the things I use in making my comments. Also Sell days are often confusing in nature and by that I mean up and down days. As they try to confuse us as to direction.

Also, although I donít consider myself an Elliot Wave expert, I do try to keep an eye on the wave count and that helps me with the big picture. I have found that EW and TTT does have a tendency to work well together both on the short and not so short term.

I hope that helps.

Reply With Quote
The following 2 users say Thank You to richbois for this post:
 
(login for full post details)
  #49 (permalink)
Dallas, TX
 
Experience: None
Platform: Ninjatrader
Broker: Zen-Fire
Trading: ES
 
Posts: 15 since Jul 2009
Thanks: 11 given, 20 received

Rich could have not summarized TTT rules better than he did in the previous posts. I also took a little time to read the TTT book which is quite boring...but it is attached here for anyone's reference. But above guidelines are pretty much the summary of the book...

Hope this helps...

Reply With Quote
 
(login for full post details)
  #50 (permalink)
Site Moderator
 
 
sam028's Avatar
 
Posts: 3,639 since Jun 2009
Thanks: 3,766 given, 4,445 received



kashman View Post
Rich could have not summarized TTT rules better than he did in the previous posts. I also took a little time to read the TTT book which is quite boring...but it is attached here for anyone's reference. But above guidelines are pretty much the summary of the book...

Hope this helps...

Sorry Kashman, but this book seems to be copyrighted, I'm removing it from your previous.

Success requires no deodorant! (Sun Tzu)
Follow me on Twitter Reply With Quote


futures io Trading Community Trading Reviews and Vendors > Taylor Trading Technique (TTT)


May 19, 2013


Upcoming Webinars and Events
 

An Afternoon With futures io member TropicalTrader

Elite only
     



Copyright © 2020 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