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Old 01-21-2011, 05:58 PM   #881

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Re: Taylor Trading Technique
sell day
finished weak

looking for a short opportunity on monday sell short day
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Old 01-23-2011, 07:39 PM   #882

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Re: Taylor Trading Technique
high made first for a short if at previous resistance highs

low made first for a scalp long

short sell day
---------------------------

Tuesday... the next buy day ... in a continuing up trend

Quote:
Originally Posted by elovemer »
sell day
finished weak
looking for a short opportunity on monday sell short day
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Old 01-24-2011, 11:58 AM   #883

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Re: Taylor Trading Technique
last short sell day was a low made first

this short sell is looking like it may be the same
-------------------------------------------------------------------------------

tuesday ... buy day
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Old 01-25-2011, 04:24 PM   #884

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Re: Taylor Trading Technique
tuesday buy day .... high made last

closed strong
-----------------------------------
market gave it back same day .... rules say close out same day

don't hold out hoping that sell day will follow thru
---------------------------------------

next opportunity is short sell day on thursday
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Old 01-26-2011, 06:32 PM   #885

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Re: Taylor Trading Technique
today was wednesday ... sell day ... strong close.
hints at a penetration on short sell day thursday for a short

friday is going to be a buy day ...

----------------------------------------------------------------

by the way ... i am swing trading... so i am not following Taylor's close out the same day rules all the time
... those rules are for the day to day scalping system

in the case of friday being a buy day .... i WOULD close out the same day if possible... and re-enter sunday evening




Quote:
Originally Posted by elovemer »
tuesday buy day .... high made last
closed strong
-----------------------------------
market gave it back same day .... rules say close out same day
don't hold out hoping that sell day will follow thru
---------------------------------------
next opportunity is short sell day on thursday
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Old 01-27-2011, 12:23 PM   #886

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Re: Taylor Trading Technique
thursday....

so far... very weak pullback

depending on the close.... could set up a buy day on friday penetrating today's low

for a buy point
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Old 01-27-2011, 01:13 PM   #887

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Re: Taylor Trading Technique
if thursday closes at the highs.... there will be no buy day on friday
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Old 01-27-2011, 06:32 PM   #888

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Re: Taylor Trading Technique
at least.... a test of the low... for friday

buy day

.... i don't like buy days when they are on friday
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