After two+ years, we are once again teaching the highly acclaimed Chart Reading Mastery course in September. To see what we will be teaching and to see how some of the principles apply in the current markets, check out our free webinar. Register to the right for easy access to the webinar. The webinar runs about an hour. I show how several Wyckoff principles taught in the … [Read more...]
Archives for August 2014
When Your Analysis is Wrong – A Lesson in Trading Psychology
Last night, I was looking for the market to react and begin to head lower today (see last post below). That analysis turned out to be wrong. How do you salvage a trading day when your analysis turns our to be flawed? In truth, there are many days that my nightly analysis turns out to be wrong, or, more correctly, the market doesn't do what I anticipated the night before. It … [Read more...]
The Coming Week & Free Webinar
The coming week should be an interesting one. We have a fair amount of reports coming out (Housing, CPI, FOMC Minuets, Jobless Claims) that can cause increased volatility. Two weeks ago the US Stock Market (represented by the S&P e-minis) fell hard. There was follow through to the downside in the early part of the next week, and then the market hit support and began to … [Read more...]