Author Archives: Dr. Gary

Three Shorts

Three nice shorts set up today.  The first occurred just before 11:00 AM EDT.  The mar­ket traded within the overnight range dur­ing the first por­tion of the US morn­ing ses­sion.  We could see some weak­ness come in after 10:00, but … Con­tinue read­ing

Chart Reading Mastery Starts Wednesday & FX Spring

Not every trade works out.  We dis­cussed the spring on the USD-JPY FX Cross mar­ket on the 4-hour chart in the free webi­nar held this week­end (video avail­able at link below).  We were look­ing for a pull­back into the blue … Con­tinue read­ing

FX Trade & Link to Free Webinar

Yes­ter­day, we had a large turnout for the free webi­nar we did as a pre­view to Chart Read­ing Mas­tery.  Thank you to every­one who came!  Sev­eral peo­ple reg­is­tered but were unable to attend.  So we have pro­vided a link below … Con­tinue read­ing

Something for the Longer-Term Trader

We tend to focus on the small, intra­day time frames on this blog.  That’s nat­ural, because that is the bulk of my trad­ing.  I received a request, how­ever, for a chart of the Weis Wave on a weekly basis, which … Con­tinue read­ing

Free Chart Reading Webinar

We are hav­ing a free webi­nar tomor­row to pre­view our Chart Read­ing Mas­tery course that begins next week.  This course is designed for traders who would like to learn to read the mar­ket by its own action using the Wyck­off … Con­tinue read­ing

Will the Stock try to Market Rally Tomorrow?

As we antic­i­pated last night (see that post by click­ing here), we saw fur­ther down­side today.  Despite the sell­ing, we were not able to go down to the next sig­nif­i­cant level of sup­port (1380 area).  We, instead, held higher. Hold­ing … Con­tinue read­ing

The Weekly is the Key

Today we saw fur­ther down­side con­sol­i­da­tion, as we expected.  I noted last night that more con­sol­i­da­tion was likely and that if the mar­ket did start to sell off today, it could push down to the 1400 level, then the 1395 … Con­tinue read­ing

Stock Market: More Consolidation?

In yesterday’s post, I noted that although the mar­ket ral­lied strongly the day before, a pull­back was likely.  I said watch for a pull­back into the 1405 — 1400 area.  You can see that post by click­ing here. We did indeed … Con­tinue read­ing

Another Rally Yesterday

I just came back from a con­fer­ence in Boston on new advances in psy­chol­ogy.  It’s was very inspir­ing.  I learned a lot of new things in the field that are applic­a­ble to our trad­ing.  I’ll write on some of these … Con­tinue read­ing

Yesterday Low the Key Level

As I detailed last night, yesterday’s low was indeed the key level for today.  The pull­back this morn­ing went under­neath yesterday’s low, then, as expected, ral­lied higher.  A nice spring.  If still long, con­sider tak­ing at least a piece off … Con­tinue read­ing