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Cause vs. Effect / Point & Figure

Cause and Effect

March 15, 2017-8:02 am traderscott 0

Cause and effect is another great tool developed by Richard Wyckoff.  The point and figure chart is the key to this, and is discussed in the video. Point and figure charts set price objectives by gauging...

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Selling Climax/Buying Climax

March 14, 2017-11:37 pm traderscott 0

Selling/buying climaxes are in the Ending Action (EA) category, which means it’s a powerful enough countervailing force to stop the down/up trend. The only way this could happen is for the big interests to come...

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Gap Up From Lows With Previous Spring – New Spring #1

March 14, 2017-6:39 pm traderscott 0

This is another gap up trade. This one is from the lows, but with a spring already in place, thus a pretty bullish situation. But remember, when the gap up is right from the lows,...

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Springs and Upthrusts

March 14, 2017-5:39 pm traderscott 0

Springs and upthrusts are very powerful tools. In fact, there are traders who focus almost exclusively on those two types of setups – that’s how powerful and profitable that they are. Springs and upthrusts are...

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Approach

Be a Winner/Video

March 13, 2017-11:22 pm traderscott 5

I don’t use any moving averages, as I would rather buy into a sell stop run, and then sell at the 50 day, and let someone else take it from there. Certainly a possibility of...

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Short Term Gap Trading

March 12, 2017-10:35 pm traderscott 2

Using gaps up in price as signs of strength is a potentially great strategy, but it needs filters. Like where did the gap originate, and has there been a decent area of accumulation built up...

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Gold March Seasonals Video

March 12, 2017-5:03 pm traderscott 0

  There is a belief in PMs putting in a mid-March low as part of a seasonals tendency. This is on a more intermediate to longer term look. Let’s take a look.      ...

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Supply vs. Demand Video

March 12, 2017-2:56 pm traderscott 0

Supply vs. demand is a very complex subject, but it is not worth the effort to figure out every detail about it. We just need to know how to implement in a real world trading...

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Gap Up With Absorption #1

March 12, 2017-1:23 am traderscott 0

Gap up with absorption #1 is another numbered trade which is a setup with pretty high probability potential. The details are explained in the video....

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