futures.io futures trading
 

Go Back   futures.io

> Futures Trading, News, Charts and Platforms > Traders Hideout > Vendors and Product Reviews


Taylor Trading Technique (TTT)
Started:September 15th, 2009 (12:35 PM) by gio5959 Views / Replies:21,988 / 56
Last Reply:May 19th, 2013 (09:53 AM) Attachments:13

Welcome to futures.io.

Welcome, Guest!

This forum was established to help traders (especially futures traders) by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

We are fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • 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, and we will never resell your private information.

-- Big Mike
     

Reply
 13  
 
Thread Tools Search this Thread

Taylor Trading Technique (TTT)

Old September 15th, 2009, 01:49 PM   #11 (permalink)
Elite Member
Chiron
 
Futures Experience: None
Platform: ninjatrader
Broker/Data: Amp Futures/Zen-Fire
Favorite Futures: ES
 
Posts: 740 since Aug 2009
Thanks: 25 given, 150 received

hi rich - thanks for stopping by and taking the time to answer our questions about the ttt - i believe the ppl that had questions have broken for lunch now - maybe you could monitor this forum to see if they come back and ask questions

Reply With Quote
     

Old September 15th, 2009, 02:01 PM   #12 (permalink)
 Vendor: taylortradingtechnique.net 
Bromont,QC
 
Futures Experience: Intermediate
Platform: NT,TS,Esignal
Broker/Data: Kinetick and AMP futures
Favorite Futures: US Index Futures
 
richbois's Avatar
 
Posts: 30 since Sep 2009
Thanks: 0 given, 22 received

Buy Day 9/15

Today is a Buy day and as mentioned earlier we were to expect a Decline. Yesterday the SS day close on the highs, therefore the decline was not started. In cases like that then we expect a test of these highs before the decline starts.
We also know that ES has a 93% chance of having a Decline on Buy days, even if the Decline is as small as 1 tick. So based on that information it was appropriate to find any excuse to short at or near the open. In the case of ES I had fib at 1047.66 which provided a good entry area for shorts.
In bullish markets, declines can easily be smaller than average and this morning was no exception. Markets retraced 50% and the rally started.
Please feel free to ask questions and I will drop in from time to time to answer them
Thank you for inviting me to join this thread.

Attached Thumbnails
Taylor Trading Technique (TTT)-screenhunter_14-sep.-15-11.00.jpg  
Reply With Quote
     

Old September 15th, 2009, 02:16 PM   #13 (permalink)
Elite Member
Dallas, TX
 
Futures Experience: None
Platform: Ninjatrader
Broker/Data: Zen-Fire
Favorite Futures: ES
 
Posts: 15 since Jul 2009
Thanks: 11 given, 20 received


Hi Richard - I am doing the trial of your service. Was just curious that this rally on the BD means a SD rally has begun? and perhaps a decline from tomorrow's projected high is highly probable? Thanks in advance!

Reply With Quote
     

Old September 15th, 2009, 02:26 PM   #14 (permalink)
 Vendor: taylortradingtechnique.net 
Bromont,QC
 
Futures Experience: Intermediate
Platform: NT,TS,Esignal
Broker/Data: Kinetick and AMP futures
Favorite Futures: US Index Futures
 
richbois's Avatar
 
Posts: 30 since Sep 2009
Thanks: 0 given, 22 received


kashman View Post
Hi Richard - I am doing the trial of your service. Was just curious that this rally on the BD means a SD rally has begun? and perhaps a decline from tomorrow's projected high is highly probable? Thanks in advance!

Thank you for trying my products and I hope you can find the tool as usefull as I do.

Yes the SD rally as begun this morning. As we all know markets rarely move steadily in 1 direction. If we were to close as the current level, we probaly have only done 1/2 the average rally. Sell Days can often be what I call confusing days. By that I mean up down up down etc.

So when we are in the middle of the road like that then it is normal to get a confusing day. If we had closd on the low of the Buy day then it would be much easier to say yes we will go up most of the day on the sell day.

Reply With Quote
     

Old September 15th, 2009, 07:29 PM   #15 (permalink)
Administrator: 'da Big Dawg
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 45,192 since Jun 2009
Thanks: 28,692 given, 78,536 received

Futures Edge on FIO
Hi Rich,

I look forward to monitoring this thread over a few days, I hope you can share two or three days of analysis for us.

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
     

Old September 16th, 2009, 01:37 PM   #16 (permalink)
 Vendor: taylortradingtechnique.net 
Bromont,QC
 
Futures Experience: Intermediate
Platform: NT,TS,Esignal
Broker/Data: Kinetick and AMP futures
Favorite Futures: US Index Futures
 
richbois's Avatar
 
Posts: 30 since Sep 2009
Thanks: 0 given, 22 received

Today's report

Today is a Sell day. On Sell days we should expect a rally from the Buy day low.
Yesterday the decline was small, pointing to a bullish market.

Today ES gapped up at the open and never filled the gap therefore putting TVGR in effect.

TVGR has nothing to do with Taylor and TTT but I found that this rule is very strong.

As we can see on the chart TTT MA D (average rally MA recap) at 1054.90 did offer some resistance and also the 1062 area and that was TTT MA p (average penetration MA recap). The Black lines above if reached, should most likely cap today's rally.

Here is an explanation of TVGR written by Trader Vic

The Trader Vic Gap Rule (TVGR) "If there is a gap, and it is going to reverse, it will do so 10-15 minutes after the opening 95% of the time. Please believe me on the odds, they are real. If the market continues in the direction of the gap after 10 to 15 minutes, it is a strong sign that the move will continue for the rest of the day, closing in that direction as well. Even if the market reverses after the 10-15 minute period, if it fails to fill the gap, odds are that the market will close in the direction of the gap." This Rule is cited from Victor Sperandeo’s book: Trader Vic II: Principles of Professional Speculation, pg. 231



Attached Thumbnails
Taylor Trading Technique (TTT)-screenhunter_19-sep.-16-10.26.jpg  
Reply With Quote
     
The following 2 users say Thank You to richbois for this post:
     

Old September 16th, 2009, 01:44 PM   #17 (permalink)
Elite Member
Bellingham, WA
 
Futures Experience: Intermediate
Platform: Ninja
Broker/Data: Zen-Fire
Favorite Futures: 6E, CL
 
Dragon's Avatar
 
Posts: 494 since Aug 2009
Thanks: 747 given, 251 received

Is there a gap example in that chart you just displayed?

Reply With Quote
     

Old September 16th, 2009, 01:49 PM   #18 (permalink)
 Vendor: taylortradingtechnique.net 
Bromont,QC
 
Futures Experience: Intermediate
Platform: NT,TS,Esignal
Broker/Data: Kinetick and AMP futures
Favorite Futures: US Index Futures
 
richbois's Avatar
 
Posts: 30 since Sep 2009
Thanks: 0 given, 22 received


Dragon View Post
Is there a gap example in that chart you just displayed?

yes today is a good example here is a 3 min chart it may be clearer

Attached Thumbnails
Taylor Trading Technique (TTT)-screenhunter_20-sep.-16-10.48.jpg  
Reply With Quote
     

Old September 16th, 2009, 01:52 PM   #19 (permalink)
Elite Member
Bellingham, WA
 
Futures Experience: Intermediate
Platform: Ninja
Broker/Data: Zen-Fire
Favorite Futures: 6E, CL
 
Dragon's Avatar
 
Posts: 494 since Aug 2009
Thanks: 747 given, 251 received

So this gap indicates a day to take longs then?

Reply With Quote
     

Old September 16th, 2009, 01:56 PM   #20 (permalink)
 Vendor: taylortradingtechnique.net 
Bromont,QC
 
Futures Experience: Intermediate
Platform: NT,TS,Esignal
Broker/Data: Kinetick and AMP futures
Favorite Futures: US Index Futures
 
richbois's Avatar
 
Posts: 30 since Sep 2009
Thanks: 0 given, 22 received



Dragon View Post
So this gap indicates a day to take longs then?

It means longs are prefered and if you want to short than extra care should be exercised.

I took 2 short trades on TF today, but took very quick profits 1st for 7 ticks 2nd for 1 point

Reply With Quote
     

Reply



futures.io > Futures Trading, News, Charts and Platforms > Traders Hideout > Vendors and Product Reviews > Taylor Trading Technique (TTT)

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Events (4:30PM ET unless noted)
 

Peter Davies: Getting Started in Scalping/Ultra Short Term Trading

Aug 25

FIO Journal Contest with over $2000 in prizes [entire month]

September

John Hoagland (TopstepTrader): agenda TBA

Sep 1
 

John Grady (sponsored by Jigsaw Trading): Choosing the right market

Elite only
 

Ferran Font Ramentol (sponsored by Stage 5): Scalping the Order Book in the HFT world

Elite only

Brannigan Barret: agenda TBA

Elite only

FuturesTrader71: agenda TBA (part 4 of 4) [w/book giveaway]

Elite only
 

Tradovate: the modern, cloud-based futures trading platform

Sep 22
 

Jigsaw Trading: Standalone Tools now available

Sep 26

Suri Duddella: The 10 Basic Trading concepts to follow in the Markets (part 2 of 2) [w/book giveaway]

Elite only

Linda Bradford Raschke: agenda TBA [w/book giveaway]

Elite only

Raymond Deux (NinjaTrader): NinjaTrader 8 overview and Q&A

Elite only

An Afternoon with FIO trader bobwest

Elite only

NinjaTrader 8: Programming Profitable Trading Edges w/FIO member shodson

Elite only

An Afternoon with FIO trader GFIs1

Elite only

MarketDelta Cloud Platform: Announcing new mobile features

Oct TBD
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
MedianRenko Trading Technique JohnnyCash The Elite Circle 141 July 24th, 2014 01:46 PM
Market Profile One-Time Framing Technique Silvester17 Traders Hideout 129 May 19th, 2013 11:32 AM
Emotional Freedom Technique (EFT) cory Psychology and Money Management 8 September 17th, 2011 02:15 PM
FOREX Targets, Stops and Entry technique, thoughts please....... mdsvtr Currency Futures 11 March 2nd, 2011 10:17 AM


All times are GMT -4. The time now is 10:55 AM.

Copyright © 2016 by 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 2016-08-25 in 0.12 seconds with 20 queries on phoenix via your IP 54.166.148.252