[elovemer]

exploring the wonders of the Taylor trading methods

[elovemer]

monday is buy day

however friday was a long below previous low

monday could be a long below friday low

[elovemer]

done...... ten points below prev low

Originally Posted by elovemer »

monday is buy day
however friday was a long below previous low
monday could be a long below friday low

[elovemer]

no action on sell day unless to close out longs from buy day

wednesday ... short sell day .... short on a high made first above tuesday high

or a long scalp on a low made first below tuesday

[elovemer]

on short sell day .... go short on a high made first above the prev high

however this is an up trend .... today is only the 2nd day up from the low

also.... has not yet reached prev high around 30

[elovemer]

for thursday ... buy day

don't see much of a chance. because SS day did not put a low in to be tested

buy day taylor rules calls for a long below SS day low on a low made first .... however it is risky with the gap below ... which could fill

[elovemer]

taylor says long below yesterday low .... as per this chart


however i would like a down day first ... or a low to be put in
.... that's a lot to ask for during a strong up trend

[elovemer]

taylor worked

for anyone who went long.... hold on because the high did not come the same day but it was not weak either

monday is short sell day