Gary is a Master teacher and a Master at reading the markets. His heart is compassionate. His patience is amazing. These combinations are almost unheard of from those who teach market technique. But the thing that is most important is that Gary is teaching Wyckoff method, a way that I feel is head and shoulders above any conceptualization of market phenomenon out there. It is about focus and becoming excellent at a thing that is very difficult to master. Dr. Scott H. Winkler
Q: I tried to register for your free products, but the system kept saying that the user name already exists. What should I do?
A: In that case, there should be a box in the sign in page. Click the link where it says: 1. Existing members, please click here. If you forget your member login info, please email us @ support@TradingPsychologyEdge.com
Q: I want to add comments to the blog posts. How do I do that?
A: First click the heading of the blog post you want to comment, a comment field will be shown at the bottom of the blog post and you can add comments then.
I purchased the webinar about Wyckoff springs. At the end of the video at about 128 minutes there is a spring, but why is it a valid spring? The trend is up, but before the spring there is a deep fall in price on high spread and high volume. This looks like weakness and it was said that springs after such price action is likely to fail. Also there is no breakout of the down trend.
Thanks for purchasing the Spring Webinar. Springs are one of my favorite trades.
The Spring example you refer to is on the 60-minute S&P emini chart. There is a sharp selloff that runs about 25 or more points. That is quite a run for the S&Ps to make without a corrective rally on that time frame. You are right, it occurs in an uptrend. Very often in an uptrend, such a sharp reaction is a shaking out of weak players. Such a flush allows for a transfer of contracts and a rally to new highs. Here, the Spring confirms the shake out. Note that bars 2 & 3 labled on the chart have significantly smaller spreads and significantly less volume than on the reaction down to bar 1. This is one of the key things we look for. It confirms that whatever selling had existed has now dried up. You can see that the Spring–finding no more supply–produced an immediate, strong rally. It then gave a second opportunity for entry on the Test as price came back down into the very high volume area, holds a higher low, and again we see less volume. The market then rallies to new highs.
Study these and your own examples carefully. Put in some good practice before trading these live. Sometimes, like this Spring, they seem scary, or at least counterintuitive. You may find them difficult to trade without the practice.
I registered to preview the “reading the markets” but the website keeps bringing me in a loop without being able to get to that “free” stuff.
Appreciate a solution.
Sorry to hear you are having trouble. You should have received two emails from Trading Psychology Edge. One of them contains a link to “Confirm your email”. It’s possible that it was delivered to your spam folder, so be sure to check there.
“Dr. Gary Dayton: Sure. In fact I’ve got a section on mindfulness and your listeners can download a free mindfulness exercise there as well. And that’s at http://www.tradingpsychologyedge.com. ”
Which is exactly the link of the exercise you talked about? Thank you.
I maybe will take the Weis Wave Seminar on August, the 17.
Im wondering if the Wise Wave indicator for Tradestation is protected or crypted?
As a trader im always interested in how indicators are calculated.
During the webinar, David will review the composition of his wave indicator and also some of Wyckoff’s work on which it is based. So you will get a good understanding of it. The code itself is protected.
Deep Practice is awesome, and your webinars on the 3–10 and the Weis Wave have yet again helped take my market reading ability to another level. Do you ever use the 3–10 and Weis Wave together (perhaps on different timeframes)? If so I hope you will at some point review in Deep Practice.
I was didn’t sign up for the webinar/ Weiss plug in offer for $500 that was given a few weeks ago.
Is it possible to get the Weiss plug in and access to the taped webinar?
Thanks
Lisa
It was a very informative webinar and the plug-in, of course, works very well once you understand how to use it. The webinar givess you all the details. And, yes, you can now purchase it and view the recorded webinar. You can do so at this link: http://www.tradingpsychologyedge.com/weiswave/
Joe,
All the wave retracement values David uses in his Weis Wave are found on page two of the installation & Instructions pdf sent with the indicator. He covers the wave retracements for US Stocks, the S&P and Nasdaq e-minis, Currencies, Corn, Soybeans, Gold, Silver, Cocoa and other futures markets. He told me today that he plans on sending out occassional trade setups to the webinar participants, so watch for that.
hi dr. gary i’m interest in david weis wave and i am using tradestation,how do i plug in the weis wave indicator? do i need to write a pogram for the indicator?can you explain to me please. peter.
Peter,
The Weis Wave Plug-in will automatically load into TradeStation when you open the file. In the file you receive with the Plug-in is a set of instructions to guide you step-by-step through the set-up. It is a simple procedure. Also, the instructions include the Wave retracement settings David uses on various markets. You should have no difficulties with loading and setting up David’s indicator, but if you do, we are here to help you get up and running.
Hi!
How long are the recordings for “mindfulness” and the one for “fear”? Are they much different than the ones recorded in Big Mike’s Trading?
Thanks
Victor
Both are significantly longer than the 40-minute BMT webinars and both cover a lot more ground. The Big Mike events were introductions to mindfulness and fear. Each were a review of my mindfulness article I wrote for SFO Magazine, with the fear event discussing fear from a mindfulness perspective.
The products here are comprehensive. The fear tutorial has a workbook included and takes the approach that fear is natural, cannot be avoided, but correct trading behavior when understood as high value actions and mindfully applied can be made even when a trader feels fear. A process is detailed that when followed and practiced, can help minimize fear and its influence on our trading and promote sound trading behavior. Mindfulness has multiple applications in trading. It is a skill that when developed, can help the trader build focus and concentration. It goes hand-in-hand with fear, but it also stands on its own as a valuable skill. Two guided mindfulness exercises are included in the tutorial.
The best path is through Chart Reading Mastery. In this eight week course, we review the key elements of Wyckoff in depth. We add information about specific and tradeable market behavior that occurs over and over. Most importantly, we spend a good deal of time focusing on market structure. Most attendees say that the course advanced their knowledge substantially, and the information on market structure was something they had never heard about nor realized before, and that this has made the difference in their trading.
No doubt that Chart Reading Mastery may be a sizable commitment. If that is true for you, try something smaller first. Wyckoff in the Modern Markets I &II will give you a sense of how I approach the markets through the Wyckoff lens and also how I teach. Also, the Spring and Up Thrust tutorials discuss an individual Wyckoff trade setup in an in-depth fashion. These will give you a sense of how I approach the classic material of reading the market by its own action.
Yes, Chris I do. I don’t always show it in the blog charts, but it is on my trading charts. Because it does such a good job of assessing supply and demand in the market waves, it is often better than looking at standard volume data. It is the best indicator I know, hands down.
You can get a copy of the 3–10 oscillator indicator for Ninja Trader with the 3–10 Tutorial. There is no extra charge. We also have it for Trade Station.
The Weis Wave plug-in will help with the TradeGuider Setups. For example, a TG test after stopping volume or climactic action can be further clarified with the Weis Wave. The Weis Wave will show the amount of volume on the wave containing the test bar. You have a nice filter with the Weis Wave, as it is assessing waves and not just individual bars. Please note that the Weis Wave does not plug into the TG software. You will need TradeStation, Ninja, MultiCharts or MetaStock for the Weis Wave plug-in. TradeGuider has VSA plug-ins for each of these software packages, so you can use both VSA and Weis Wave on the same charts with one of these charting platforms.
Q: I tried to register for your free products, but the system kept saying that the user name already exists. What should I do?
A: In that case, there should be a box in the sign in page. Click the link where it says: 1. Existing members, please click here. If you forget your member login info, please email us @ support@TradingPsychologyEdge.com
Q: I want to add comments to the blog posts. How do I do that?
A: First click the heading of the blog post you want to comment, a comment field will be shown at the bottom of the blog post and you can add comments then.
Hi,
I purchased the webinar about Wyckoff springs. At the end of the video at about 128 minutes there is a spring, but why is it a valid spring? The trend is up, but before the spring there is a deep fall in price on high spread and high volume. This looks like weakness and it was said that springs after such price action is likely to fail. Also there is no breakout of the down trend.
Hi Daniel,
Thanks for purchasing the Spring Webinar. Springs are one of my favorite trades.
The Spring example you refer to is on the 60-minute S&P emini chart. There is a sharp selloff that runs about 25 or more points. That is quite a run for the S&Ps to make without a corrective rally on that time frame. You are right, it occurs in an uptrend. Very often in an uptrend, such a sharp reaction is a shaking out of weak players. Such a flush allows for a transfer of contracts and a rally to new highs. Here, the Spring confirms the shake out. Note that bars 2 & 3 labled on the chart have significantly smaller spreads and significantly less volume than on the reaction down to bar 1. This is one of the key things we look for. It confirms that whatever selling had existed has now dried up. You can see that the Spring–finding no more supply–produced an immediate, strong rally. It then gave a second opportunity for entry on the Test as price came back down into the very high volume area, holds a higher low, and again we see less volume. The market then rallies to new highs.
Study these and your own examples carefully. Put in some good practice before trading these live. Sometimes, like this Spring, they seem scary, or at least counterintuitive. You may find them difficult to trade without the practice.
Good luck with trading Springs.
I registered to preview the “reading the markets” but the website keeps bringing me in a loop without being able to get to that “free” stuff.
Appreciate a solution.
Sorry to hear you are having trouble. You should have received two emails from Trading Psychology Edge. One of them contains a link to “Confirm your email”. It’s possible that it was delivered to your spam folder, so be sure to check there.
Dear Dr Gary,
In your interview at http://www.traderinterviews.com/free/2010–03-07_Pulling-the-Trigger.php, there is this excerpt:
“Dr. Gary Dayton: Sure. In fact I’ve got a section on mindfulness and your listeners can download a free mindfulness exercise there as well. And that’s at http://www.tradingpsychologyedge.com. ”
Which is exactly the link of the exercise you talked about? Thank you.
Best –
Clarence
Please ask to make Weis Wave Plug-in for Ninjatrader. Thx
Hi Clarence,
The free mindfulness exercise is available in the free resources section of the website (see Free Resources tab). You can access it here:
http://www.tradingpsychologyedge.com/free-resources/mindfulness-skill-builder/
Gary
Hi,
I maybe will take the Weis Wave Seminar on August, the 17.
Im wondering if the Wise Wave indicator for Tradestation is protected or crypted?
As a trader im always interested in how indicators are calculated.
Thank you and Best Regards,
Mike
Hi Mike,
During the webinar, David will review the composition of his wave indicator and also some of Wyckoff’s work on which it is based. So you will get a good understanding of it. The code itself is protected.
Marc,
We will look into it.
Hi Dr. Gary,
Deep Practice is awesome, and your webinars on the 3–10 and the Weis Wave have yet again helped take my market reading ability to another level. Do you ever use the 3–10 and Weis Wave together (perhaps on different timeframes)? If so I hope you will at some point review in Deep Practice.
Thank you,
Michael C
where can i find the retrace values David Weis uses for different markets?
I was didn’t sign up for the webinar/ Weiss plug in offer for $500 that was given a few weeks ago.
Is it possible to get the Weiss plug in and access to the taped webinar?
Thanks
Lisa
Hi Lisa,
It was a very informative webinar and the plug-in, of course, works very well once you understand how to use it. The webinar givess you all the details. And, yes, you can now purchase it and view the recorded webinar. You can do so at this link: http://www.tradingpsychologyedge.com/weiswave/
Joe,
All the wave retracement values David uses in his Weis Wave are found on page two of the installation & Instructions pdf sent with the indicator. He covers the wave retracements for US Stocks, the S&P and Nasdaq e-minis, Currencies, Corn, Soybeans, Gold, Silver, Cocoa and other futures markets. He told me today that he plans on sending out occassional trade setups to the webinar participants, so watch for that.
hi dr. gary i’m interest in david weis wave and i am using tradestation,how do i plug in the weis wave indicator? do i need to write a pogram for the indicator?can you explain to me please. peter.
Peter,
The Weis Wave Plug-in will automatically load into TradeStation when you open the file. In the file you receive with the Plug-in is a set of instructions to guide you step-by-step through the set-up. It is a simple procedure. Also, the instructions include the Wave retracement settings David uses on various markets. You should have no difficulties with loading and setting up David’s indicator, but if you do, we are here to help you get up and running.
Do your deep trading practice webinars use the Weiss indicators or the momentum indicator? or just price and volume charts?
We work mostly with price and volume but will be adding the Weis Wave in the new year.
Hi!
How long are the recordings for “mindfulness” and the one for “fear”? Are they much different than the ones recorded in Big Mike’s Trading?
Thanks
Victor
Hi Victor,
Both are significantly longer than the 40-minute BMT webinars and both cover a lot more ground. The Big Mike events were introductions to mindfulness and fear. Each were a review of my mindfulness article I wrote for SFO Magazine, with the fear event discussing fear from a mindfulness perspective.
The products here are comprehensive. The fear tutorial has a workbook included and takes the approach that fear is natural, cannot be avoided, but correct trading behavior when understood as high value actions and mindfully applied can be made even when a trader feels fear. A process is detailed that when followed and practiced, can help minimize fear and its influence on our trading and promote sound trading behavior. Mindfulness has multiple applications in trading. It is a skill that when developed, can help the trader build focus and concentration. It goes hand-in-hand with fear, but it also stands on its own as a valuable skill. Two guided mindfulness exercises are included in the tutorial.
All the best,
Gary
Hi Dr. Gary,
I am interested what will be usual path to Wyckoff through your courses cause I see that you had 3 of them.
Thanks,
Neb
London
The best path is through Chart Reading Mastery. In this eight week course, we review the key elements of Wyckoff in depth. We add information about specific and tradeable market behavior that occurs over and over. Most importantly, we spend a good deal of time focusing on market structure. Most attendees say that the course advanced their knowledge substantially, and the information on market structure was something they had never heard about nor realized before, and that this has made the difference in their trading.
No doubt that Chart Reading Mastery may be a sizable commitment. If that is true for you, try something smaller first. Wyckoff in the Modern Markets I & II will give you a sense of how I approach the markets through the Wyckoff lens and also how I teach. Also, the Spring and Up Thrust tutorials discuss an individual Wyckoff trade setup in an in-depth fashion. These will give you a sense of how I approach the classic material of reading the market by its own action.
I would like to know whether the Weis Wave plug-in works in Trade Guider set ups.
Hello,
Can you please tell me where I can get the 3–10 Momentum Oscillator for NinjaTrader?
Thanks,
Mark Meninger
Hi Gary,
Just curious, Do you use the Weis Wave on your daily trading?
Yes, Chris I do. I don’t always show it in the blog charts, but it is on my trading charts. Because it does such a good job of assessing supply and demand in the market waves, it is often better than looking at standard volume data. It is the best indicator I know, hands down.
You can get a copy of the 3–10 oscillator indicator for Ninja Trader with the 3–10 Tutorial. There is no extra charge. We also have it for Trade Station.
Hi Andrew,
The Weis Wave plug-in will help with the TradeGuider Setups. For example, a TG test after stopping volume or climactic action can be further clarified with the Weis Wave. The Weis Wave will show the amount of volume on the wave containing the test bar. You have a nice filter with the Weis Wave, as it is assessing waves and not just individual bars. Please note that the Weis Wave does not plug into the TG software. You will need TradeStation, Ninja, MultiCharts or MetaStock for the Weis Wave plug-in. TradeGuider has VSA plug-ins for each of these software packages, so you can use both VSA and Weis Wave on the same charts with one of these charting platforms.