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Day Trading with TTT and other tools


Welcome to this new thread, where we can share trading ideas and our thoughts on the Taylor Trading Technique.

Anyone with questions on TTT, this is the place.
How did you guys play yesterday SSD in the stock indexes?
Originally posted by Durendal

How did you guys play yesterday SSD in the stock indexes?


I rarely trade on rollover day and yesterday was no exception
It is very much a SS Day on CL as per your count Richbois
Click image for original size
cl ss day
Originally posted by rigel

It is very much a SS Day on CL as per your count Richbois
Click image for original size
cl ss day



yes i had a few customers emailing me with success stories today.

Go TTT Go

LOL
As usual it comes down to the actual entries and exits, when the general tendency is to fool oneself that one could catch that whole move afdter watching the chart in hindsight, when we all know that the corrections in the middle are not easy to ride out.
Originally posted by Durendal

As usual it comes down to the actual entries and exits, when the general tendency is to fool oneself that one could catch that whole move afdter watching the chart in hindsight, when we all know that the corrections in the middle are not easy to ride out.


I rarely get the whole move but there is different tools to help with that like the ATR stop.
For those who follow the GBPUSD, here is a good example on how to trade a Buy Day.

GBPUSD had closed near the highs on Friday. We know that a Buy day means that we will get a decline from the SS day high. Market oppen and tried twice to get above the Previous Day High and Failed. That was the entry point to short.

At this point we need to worry about taking profits. As we can see on the attached chart TTT MA Decl, which is the average decline on Buy Day for the last 20 cycles, was at 1.5039, and the Previous Day Low at 1.5022. This would the place where the longs would do battle and the trade should normally end.

Now that we know that the Buy Day Low could be also in, Long positions could also be taken.

This was a good example of how we can go short on Buy Days and also where a long position could be taken at the BDL.

Click image for original size
screenhunter01 mar 15 06 56
Nice Buy day trade on TF this morning at the open.

We opened and reached TTT levels and reversed hard. We were also just at the DP zone on 240 min chart and we had a TS4 on MTP on the 3 min chart. Lots of divergence on both 1 min and 3 min.

Nice payoff so far.
Click image for original size
screenhunter03 mar 22 11 28

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screenhunter04 mar 22 11 29

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screenhunter05 mar 22 11 29
Nice trade on OIL also

Today was a SS day and it opened below the Buy Day Low. We know have very good odds of atleast getting back to the BDL at some point today.

We made it and just made it. that was a $3 move cant complain here either as we rallied from in between the 2 penetration levels.

Click image for original size
screenhunter06 mar 22 15 49
Richard :
friday april 2 its a short trading day , why to skip it ?
monday february 15 also was short , but u count it per TTT
why it was different ?
thanks , great and pleasant easter holiday to all !!
I hope all you TTT traders had a good 2014 and I wish you all a better 2015
Richard