Taylor Trading Technique Services
|Current Electronic Version of Taylor's 1950 "Book Method"
On a BUY Day, we should expect a DECLINE from the HIGH of the SELL SHORT Day to the LOW of the Buy
If the HIGH of the SELL SHORT Day was made LAST then the DECLINE should happen on the BUY Day with a
70% chance of making the LOW LAST. However if the HIGH was made FIRST on the SELL SHORT Day, then
part or all of the DECLINE was already done and should continue on the BUY Day.
Our TTT E-book gives us an idea where the LOW should be and when used in conjunction with other indicators
or systems like MTPredictor to confirm the LOW, then LONG positions may be considered.
Here is a perfect example of the TTT report we had before the start of the trading day. We expected the LOW to
come in around 1262 level. The market gapped down at the open and, as you can see, the LOW was made at
1261.00. We can also see on the chart below that 1261 was right in the MTPredictor Decision Point box. The
market then reversed and climbed 25 points. That was a perfect trade with very low risk and great reward.
|jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only
those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of
see Risk Disclosure