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Dogpile

Taylor Trading Technique

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Dang mits, you are being awful hard on Twiz.

He is in a thankless position.

This link (unless he edits it out :rofl: ) sums up his plight

I like Monkeys. A little too much perhaps

 

I read the " I like Monkeys" story and do recognize that I alone am responsible for my actions, but I do feel a need or a sense of a need to blame you for making me completely waste unrecoverable time.

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I read the " I like Monkeys" story and do recognize that I alone am responsible for my actions, but I do feel a need or a sense of a need to blame you for making me completely waste unrecoverable time.

 

MM,

Even though I prefer your precious time is never wasted - if you walked into it, I can offer no apologies…

…(albeit public), that post was a note clearly addressed to Mits and it was clearly about the situation Twiz is in and Mits’ treatment of Twiz.

 

Considering that most of my posts are intended for a very small audience rather than ‘the large one’, one option is to consider putting me on ignore. I’m rarely attempting to add broad value to the site... beyond occasionally sincerely trying to keep a topic on topic...

…add to that that my constructs of economics, etc are at considerable variance from the dominant mainstream economic, etc. paradigms

…add to that that my communication skills suck… and that trading offers me an easy perennial dodge to developing them to the levels of quality that most work requires...

 

speaking of value…

members (and owners) need to acknowledge that the ‘good stuff’ is never going to be laid up in posts. The vendors provide only so much before requiring payment. And non vendors, like myself, for the most part wouldn’t ‘provide’ even if you did pay

… Basically, trading forums never provide answers to the ‘great’ trading questions.

The quality of the replies is in inverse relationship to the quality of the queries… yada yada….

To be anti – anti ‘vendor’, or anti ‘non-sharers’, or anti ‘stupid’ , or anti…etc. - is for the most part a waste of personal energy… to complain or even wish that a broadly applied collegial attitude by all members would make for ‘answers’ or worthwhile reading is also, for the most part, a waste of personal energy…

It's a worthy thought experiment to ask if a digital currency could also act as a reserve currency.

 

Hoping you didn’t bother to read this,

 

Taylor be rolln over in his grave...

 

zdo

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MM,

Even though I prefer your precious time is never wasted - if you walked into it, I can offer no apologies…

…(albeit public), that post was a note clearly addressed to Mits and it was clearly about the situation Twiz is in and Mits’ treatment of Twiz.

 

Considering that most of my posts are intended for a very small audience rather than ‘the large one’, one option is to consider putting me on ignore.

 

If you had really meant it for mits only, then you would have PM'd him.

 

I am not able to put you on ignore, because then I wouldn't be able to know what you are going to say next.

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If you had really meant it for mits only, then you would have PM'd him.

 

 

'addressed' to ... not meant for only

I rarely speak PM... open conversations... and if other peeps 'listen'...

 

I am not able to put you on ignore, because then I wouldn't be able to know what you are going to say next.

 

ain't dat a bitch? I'm in the same dam bind with you too ;):)

 

ya'll have a great weekend.

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Hi guys,

 

This thread amazing, reading WHY' posts awesome. I keep reading it but not finish yet. I trading gold according to TTT but recently Larry Williams calling for short SP500 on last Wednesday so i eager to trade SP500 now. I respect his way trading but seems not suitable for my style. Now I stick to TTT and glad when Larry answered me that he valued TTT much as well.

 

About LBR, she good at explaining Taylor but she applied more Toby Crabel who I will read his stuff soon.Toby compensated very well to Taylor. Also ROC2 of Linda taken from Toby

 

On the last page of TTT, Linda had some words and she said she followed 4 role models: Larry, Taylor, Toby and Bob Buran. The last one i never heard of but I will find out soon after grasping all ideas from the rest of 3

 

Good luck

Edited by Jeffreyvnlk
grammar

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Tony Crabel book is a must read, "Day Trading with short term price patterns and opening range breakout" Linda Bradford Raschke also wrote a excellent book, "Street Smarts: High Probability Short-Term Trading Strategies ", read these 2 books and they will improve your trading

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Tony Crabel book is a must read, "Day Trading with short term price patterns and opening range breakout" Linda Bradford Raschke also wrote a excellent book, "Street Smarts: High Probability Short-Term Trading Strategies ", read these 2 books and they will improve your trading

 

Actually I know TTT from Street Smart. Toby book already on my bed but hesitated to reading because his stuff as hard as Taylor's

 

This is my pic of gold from TTT with frequencies

TTT.png.7d8442689d53159f91ef0d99685a0255.png

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According to my marking, today all the sell days for oil, gold and SP500:

- Oil expected BV today then rally according to Larry (another techinquie not realting to TTT at all). Also by Linda teaching we can see a coil and NR7

- Gold already gets BV in Asia today, expected deep down before rally

- Sp500 just watching the close. Would short sales tomorrow. R just recovered 2/3 of D

 

TTT focused on BV

Edited by Jeffreyvnlk

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The formula used for the Taylor rule looks like this:

 

 

i= r* + pi + 0.5 (pi-pi*) + 0.5 ( y-y*).

Where:

 

i = nominal fed funds rate

r* = real federal funds rate (usually 2%)

pi = rate of inflation

p* = target inflation rate

Y = logarithm of real output

y* = logarithm of potential output

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The formula used for the Taylor rule looks like this:

 

 

i= r* + pi + 0.5 (pi-pi*) + 0.5 ( y-y*).

Where:

 

i = nominal fed funds rate

r* = real federal funds rate (usually 2%)

pi = rate of inflation

p* = target inflation rate

Y = logarithm of real output

y* = logarithm of potential output

 

Hi tradelab,

Are you serious or is this your way of saying TTT is hogwash?:(:(

If the former , please explain how you worked this out?:confused::confused::confused:

Please add some real numbers.Oil markets perhaps!!;)

regards

bobc

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Hi tradelab,

Are you serious or is this your way of saying TTT is hogwash?:(:(

If the former , please explain how you worked this out?:confused::confused::confused:

Please add some real numbers.Oil markets perhaps!!;)

regards

bobc

 

What's really sad is that TL members posted almost 1190 posts working on this topic and the whole time it could have been handled with just that one formula ... thx o3!

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Hi everyone. 

Excellent thread. Thanks to everyone who has contributed, it has been a massive help in learning to understand the TTT method.

Is anyone still using pure Taylor method? I see some people have their own interpretation of Taylor's method but I would like to understand pure Taylor before deviating. 

I have gone through the whole thread I feel I am understanding the core concepts to the method but am having a little trouble getting the entries and exits right. I am using just a standard online broker I have some questions that if someone could help answer would be great.

1) without having access to time & sales data ("the tape") how would you monitor price action for entries at or around previous highs & lows? Are there certain indicators like volume that could be used?

2) Can the method be used with a spread bet account and be profitable is it better for cfd/share dealing? 

3) From what I understand Taylor was more concerned with daily data but what intra day charts would be useful?

I have only been studying TTT for about the last month or so and I haven't traded it live yet so just using a demo. Im based in the UK so will mainly be looking to trade stocks on LSE. I haven't got much experience in trading live. Would really appreciate any input. There will probably be more question so just hope we could maybe get this thread up and running again. 

Thanks in advance for your time 

 

Farridin

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On 06/02/2015 at 11:24 AM, tradelab03 said:

The formula used for the Taylor rule looks like this:

 

 

i= r* + pi + 0.5 (pi-pi*) + 0.5 ( y-y*).

Where:

 

i = nominal fed funds rate

r* = real federal funds rate (usually 2%)

pi = rate of inflation

p* = target inflation rate

Y = logarithm of real output

y* = logarithm of potential output

This is JOHN TAYLOR not George Douglass Taylor so this something completely different?

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5 hours ago, FarridinK said:

This is JOHN TAYLOR not George Douglass Taylor so this something completely different?

you are right nothing to do with TTT

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12 hours ago, FarridinK said:

Hi everyone. 

Excellent thread. Thanks to everyone who has contributed, it has been a massive help in learning to understand the TTT method.

Is anyone still using pure Taylor method? I see some people have their own interpretation of Taylor's method but I would like to understand pure Taylor before deviating. 

I have gone through the whole thread I feel I am understanding the core concepts to the method but am having a little trouble getting the entries and exits right. I am using just a standard online broker I have some questions that if someone could help answer would be great.

1) without having access to time & sales data ("the tape") how would you monitor price action for entries at or around previous highs & lows? Are there certain indicators like volume that could be used?

2) Can the method be used with a spread bet account and be profitable is it better for cfd/share dealing? 

3) From what I understand Taylor was more concerned with daily data but what intra day charts would be useful?

I have only been studying TTT for about the last month or so and I haven't traded it live yet so just using a demo. Im based in the UK so will mainly be looking to trade stocks on LSE. I haven't got much experience in trading live. Would really appreciate any input. There will probably be more question so just hope we could maybe get this thread up and running again. 

Thanks in advance for your time 

 

Farridin

I am probably to only Pure TTT guy out there. After 10 years of doing Taylor  i still dont beleive in changing the cycles when it dont suit you. Exact Entries and Exit are not really part of the Taylor method. This method gives you guide lines. My system has improved over the years and added Ranges and Standard Deviations to the basic method. 

Taylor used daily date to calculate his ranges and targets for the next day. Believe it of not it still works after 70 years. The intraday data is used for entry and exit . Yes it is not evident but that comes with experience. I find that trading stocks with TTT is very hard, Futures are easier. I guess you could use Future levels to trade CFD's   but i havent tried thatInsert other media

Richard   TaylortradingTechnique.com

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42 minutes ago, richbois said:

I am probably to only Pure TTT guy out there. After 10 years of doing Taylor  i still dont beleive in changing the cycles when it dont suit you. Exact Entries and Exit are not really part of the Taylor method. This method gives you guide lines. My system has improved over the years and added Ranges and Standard Deviations to the basic method. 

Taylor used daily date to calculate his ranges and targets for the next day. Believe it of not it still works after 70 years. The intraday data is used for entry and exit . Yes it is not evident but that comes with experience. I find that trading stocks with TTT is very hard, Futures are easier. I guess you could use Future levels to trade CFD's   but i havent tried thatInsert other media

Richard   TaylortradingTechnique.com

Hi Rich,

Thank you for your reply. 

Have you been trading pure Taylor all that time or do you use it along side other methods? 

So do you use time & sales data as Taylor mentioned with regards to looking for support buying etc?

Please could you explain how he used the previous days ranges for targets? I think I understand that on a buy day you would use the ss low to look for support for entries and the buy day high is your sell day objective, SS you use the sell day high to look for resistance for entries and the ss day low as possible exit for you ss trade. Im still trying to figure out how to use the decline and rally columns to gauge future movements as there doesn't seem to be any similar price movements. Im keep a book on 3 stocks right not not to trade live but just for educational purpose. Would you recommend trying TTT in the Futures Market instead? 

Also if price gaps down on open on SS day, trades down all day and rallies up a little from towards the end of the day to maybe half the days range, with the high of the day as the open price would that be low made 1st or high 1st? 

By the way working my way through my pivots. Hopefully will pick up some more helpful tips. 

Thanks again for your time.

 

Farridin

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The beat goes on, after all these years...........

Hi Farridin

If you wanted to learn to play golf, what would you do?

Read everything you can find on Golfers Laboratory. Study all the books on the subject.Talk to lots of golfers.And practise on the range... lots.     SIM . Then you have a few real games.Not quite what you expected.you need some lessons!

The same with TTT. Find a mentor.And if you have to pay Richbois, it will save you years of struggle.

You must have the same chart as the expert and follow him with the count, see when he enters/exits. Otherwise you are wasting your money.

Try Elovermore, if hes still around.

And after all the lessons, you will face five up days in a row  F..k   Nobody explained this

And the you face  nine down days in a row, double f..k

Good luck

bobc

PS Dont listen to zdo

 

 

 

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This is absolutely incredible, that after all these years this thread is still alive, the last time I posted here was back in 2011, best wishes to all the newcomers that are learning about the Taylor method for the first time

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12 hours ago, bobcollett said:

 

The beat goes on, after all these years...........

Hi Farridin

If you wanted to learn to play golf, what would you do?

Read everything you can find on Golfers Laboratory. Study all the books on the subject.Talk to lots of golfers.And practise on the range... lots.     SIM . Then you have a few real games.Not quite what you expected.you need some lessons!

The same with TTT. Find a mentor.And if you have to pay Richbois, it will save you years of struggle.

You must have the same chart as the expert and follow him with the count, see when he enters/exits. Otherwise you are wasting your money.

Try Elovermore, if hes still around.

And after all the lessons, you will face five up days in a row  F..k   Nobody explained this

And the you face  nine down days in a row, double f..k

Good luck

bobc

PS Dont listen to zdo

 

 

 

Hey captain Bob!

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10 hours ago, Patuca said:

Hey captain Bob!

Hey Patuca

How you doing?

I was thinking about you the other day. I  have this option on the Brooklyn Bridge and I know how you love a bargain.

Let me know

Kind regards

bobc

 

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Hi Farridin

Some more morality

John the apostle wrote Revelation. He then helped George Taylor write TTT.

Both incomprehensible

You can use both books to "press"leaves.

Theres another thread on TL ," Beyond Taylor ", which has some useful info

It was started by Mishibushi, a London car dealer, but very knowledgable.

The posts used to be numbered, but no more

Look for Patucas posts from  page 29. He is the only trader I have seen to start a book,trade daily using TTT, document it, and show a profit

Worth a read

Regards

bobc

 

 

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6 hours ago, bobcollett said:

Hi Farridin

Some more morality

John the apostle wrote Revelation. He then helped George Taylor write TTT.

Both incomprehensible

You can use both books to "press"leaves.

Theres another thread on TL ," Beyond Taylor ", which has some useful info

It was started by Mishibushi, a London car dealer, but very knowledgable.

The posts used to be numbered, but no more

Look for Patucas posts from  page 29. He is the only trader I have seen to start a book,trade daily using TTT, document it, and show a profit

Worth a read

Regards

bobc

 

 

Hey Bob, 

Really appreciate the input, will certainly check those out. Also sounds like you have a negative view on the Taylor method. Am I right?

I get your thoughts in your previous post about a mentor and I agree that having a mentor can certainly speed up the learning process, maybe its something I will look into a some point but I am hoping this thread will have a lot of the answers. Especially if we can get some activity going on the thread again. There must be people out there still trading this method and also those new to it like myself wanting to learn.

To be honest I ended up skipping past a lot of elovermore posts as I found his post as hard to read as the Taylor book itself. Also from what I picked up on he was explaining/trading it in his own way compared to how WHY?, Dogpile & Richbois explained everything. I certainly made progress from WHY? posts. Its a shame he hasn't been on TL for sometime.

I live in London myself so maybe can try get in touch with Mishibusi and thanks for letting me know about the beyond Taylor thread will certainly be going through that. 

Many thanks.

Regards,

Farridin 

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12 hours ago, bobcollett said:

Hey Patuca

How you doing?

I was thinking about you the other day. I  have this option on the Brooklyn Bridge and I know how you love a bargain.

Let me know

Kind regards

bobc

 

LOL

I’m doing good. Haven’t been posting much on Traderslab. Been posting some on elitetrader.

Mitzy still around?

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Quote

I see some people have their own interpretation of Taylor's method but I would like to understand pure Taylor before deviating.


You can’t understand anything “before deviating”. .. you already deviated.  There is no such thing as pure Taylor.  Even Taylor himself had no “pure Taylor“ to utilize. Consciously or not, you are already running some variant of TTT in your head. 
... ie ... It is impossible to not have your own interpretation... Nothing wrong with that ... and nothing wrong with TTT


And it is impossible to have your own interpretation     https://www.real.video/5811888545001


btw to believe in TTT you must believe in ‘campaigns’, very short term campaigns in this case... ie you have to be a con spiracy theorist :).  I should know... I’ve always been a con spiracy theorist:)

... Sun Tzu wrote “Engage people with what they expect; it is what they are able to discern and confirms their projections. It settles them into predictable patterns of response, occupying their minds while you wait for the extraordinary moment — that which they cannot anticipate.”  If you are going to persist with TTT or similar methods, learn to type the auction.  That way you’ll know when to and when not to TTT (more generally aka cycles) ie you know when ‘your little’ TTT crowd can still play  and when they have to  step aside instead of trying to beat down (or up) larger crowds of much more motivated participants...

PS Don’t listen to zdo
 

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