[DbPhoenix]

By "course", I'm referring to his original course. The tape reading segment is called The Richard D Wyckoff Method of Trading in Stocks [no "and Investing"]: A Course of Instruction in Tape Reading and Active Trading and comes to 97p. It may not have been provided to you.

[erierambler]

Originally Posted by DbPhoenix »

By "course", I'm referring to his original course. The tape reading segment is called The Richard D Wyckoff Method of Trading in Stocks [no "and Investing"]: A Course of Instruction in Tape Reading and Active Trading and comes to 97p. It may not have been provided to you.

I think you're right , it wasn't provided to me......hmmm. Doesn't really matter to me though , now I know something new, thanks.
erie

[DbPhoenix]

Getting back to the "open" notch, I've reviewed his original course with this in mind, and I note that he refers to opening prices repeatedly, particularly with regard to figure charts. He further says that one can include them on vertical charts (what we call "bar" charts) "if desired".

I never thought much about this (actually, I never thought about it at all) until sulong asked the question. So, apparently, W thought the open was important enough to mention and include in his evaluation, but not enough to mark on the vertical chart. There may be an answer in there somewhere, but it's 400p. Let's see, to whom shall I assign this project?

[cantana]

Originally Posted by DbPhoenix »

Getting back to the "open" notch, I've reviewed his original course with this in mind, and I note that he refers to opening prices repeatedly, particularly with regard to figure charts. He further says that one can include them on vertical charts (what we call "bar" charts) "if desired".

I never thought much about this (actually, I never thought about it at all) until sulong asked the question. So, apparently, W thought the open was important enough to mention and include in his evaluation, but not enough to mark on the vertical chart. There may be an answer in there somewhere, but it's 400p. Let's see, to whom shall I assign this project?

Thanks for looking into the “open” thingy for me db.

My original thought on it was similar to Erie's – maybe geared towards investors. But as I learned more about W, I realized that he was pretty consistent with his day trading reference, which seemed to contradict the investors assumption.

The reason that the range and close only thing caught my eye to begin with, is that under my current restraints of only having the EOD information on US based markets to go on to come up with some sort of entry and exit tactics, I thought there might have been some sort of message in there I was missing.

Again, thanks to all who responded to my question.

[sneo]

any new link to the 1910 book for download? already have DTB (if the 1910 is the same as DTB, I still want to download it for the sake of a classic =P).

http://www.traderslaboratory.com/fileshare/162498 should still work.

If not, do the legwork yourself and go to Google Books and search for it there.

-fs

P.S. to Mods: Can't attach pdf; File Attachments link is still not working for me here.

Note: since the copyright date has been settled and the link provided, the redundant posts have been deleted. If this is a problem, please PM me. (Db)

[brownsfan019]

I have but one question to DB or anyone using these ideas presented here - is anyone (DB included) using these Wyckoff related ideas to day trade in real-time? Some of the charts and ideas presented look great, but I'm curious how hard or easy this is to decipher in real-time, when it really matters.

I guess it's easy to see a trend day after the fact and easy to say ignore certain tests or whatever you want to call it, but I have to wonder how this operates in real-time conditions.

[DbPhoenix]

I do. Why would I mess with it otherwise? But it's not easy. Simple, but not easy.

I showed in the Cajas Famosas thread what I'll be looking at tomorrow morning. I'll short a choke at 40 or buy a break thru it. That's about it. If it doesn't test 40 at all, I doubt I'll do anything unless it tests 10 again. I have no idea what our friends will do .

BTW, how come the CC is so quiet?