Wyckoff playbook

4/12/2017 The Essential Wyckoff Playbook DR GARY DAYTON Disclaimer IT SHOULD NOT BE ASSUMED THAT THE METHODS, TECHNIQUES, OR INDICATORS DISCUSSED IN THIS PRESENTATION WILL BE PROFITABLE OR THAT THEY WILL NOT RESULT IN LOSSES THERE IS NO ASSURANCE THAT THE STRATEGIES AND METHODS PRESENTED WILL BE SUCCESSFUL FOR YOU, OR THAT YOU WILL BECOME A PROFITABLE TRADER THE PAST PERFORMANCE AND RESULTS OF ANY TRADING SYSTEM OR TRADING METHODOLOGY ARE NOT NECESSARILY INDICATIVE OF FUTURE RESULTS YOU SHOULD NOT TRADE WITH MONEY THAT YOU CANNOT AFFORD TO LOSE EXAMPLES DISCUSSED AND PRESENTED IN THIS PRESENTATION ARE FOR EDUCATIONAL PURPOSES ONLY THESE ARE NOT SOLICITATIONS OF ANY ORDER TO BUY OR SELL DR GARY DAYTON AND TRADINGPSYCHOLOGYEDGE.COM AND ALL AFFILIATES ASSUME NO RESPONSIBILITY FOR YOUR TRADING RESULTS NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSESS SIMILAR TO THOSE DISCUSSED IN THIS PRESENTATION THERE IS A VERY HIGH DEGREE OF RISK IN TRADING YOU ARE ENCOURAGED TO CONSULT A CERTIFIED FINANCIAL ADVISOR BEFORE MAKING ANY INVESTMENT OR TRADING DECISION HYPOTHETICAL, HINDSIGHT, OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS UNLIKE AN ACTUAL PERFORMANCE RECORD, HYPOTHETICAL, HINDSIGHT, OR SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING ALSO, SINCE SOME OF THE TRADES DISCUSSED IN THIS PRESENTATION HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE DISCUSSED AND/OR SHOWN 4/12/2017 Copyright Please be aware that the material presented in this webinar, including PowerPoint documents, video and audio recordings are copyrighted materials Your use of these materials is limited for your personal use only You may not reproduce, translate, store in a retrieval system or transmit in any form or by any means these materials for resale, redistribution, electronic display, or any other purposes, including but not limited to books, pamphlets, articles, video- or audiotapes, blogs, file-sharing sites, Internet or intranet sites, and handouts or slides for lectures, workshops, or webinars, whether or not a fee is charged Written permission to reproduce these materials for these or for any other purposes must be obtained from the author and owner of this intellectual property, Gary Dayton COPYRIGHT 2014 GARY DAYTON & PEAK PSYCHOLOGY, INC All Charts created with charting packages developed by: TradeStation Technologies, Inc Trade Guider, LLC MultiCharts, LLC 4/12/2017 Why This Course?  Difficulties of discretionary trading  Simple, straightforward approach  Small number of setups Wyckoff Playbook – Trade Setups Occur frequently Straightforward Not a lot of complicated elements Easy to identify Simple to execute Straightforward profit targets Produce good profits 4/12/2017 What We’ll Cover Trading Wyckoff Wyckoff Market Principles ◦ The Wyckoff Playbook: Trade Setups ◦ UpThrust ◦ Spring ◦ Sweet Spots in a Trend ◦ Bonus Trade Setups ◦ First Higher High ◦ First Lower Low ◦ ◦ ◦ ◦ ◦ ◦ ◦ ◦ ◦ Supply & Demand Effort vs Result Accumulation & Distribution Line of Least Resistance Overbought/Oversold Market Structure Climactic Action Shortening of the Thrust Pulse-Rest-Pulse Wyckoff Playbook PRIMARY TRADE SETUPS: UPTHRUST 4/12/2017 Wyckoff UpThrust Wyckoff UpThrust – Example: GC Daily 4/12/2017 Wyckoff UpThrust – Example: CL Daily Wyckoff UpThrust – Examples: ES Hourly 4/12/2017 Wyckoff Playbook PRIMARY TRADE SETUPS: SPRING Wyckoff Spring 4/12/2017 Wyckoff Spring – Examples: ES 60-Minute Wyckoff Spring – Example: CL 240-Minute 4/12/2017 Wyckoff Playbook PRIMARY TRADE SETUPS: SWEET SPOT IN TRENDS Sweet Spot in Trends 4/12/2017 Sweet Spot: Trends – Example: CL 240-Minute Sweet Spot: Trends – Example: ES 60-Minute 10 4/12/2017 ES – Thursday ES – Thursday 48 4/12/2017 ES – Thursday Thursday Trading CRUDE OIL (CL) 49 4/12/2017 CL – Thursday CL – Thursday 50 4/12/2017 CL – Thursday CL – Thursday 51 4/12/2017 CL – Thursday CL – Thursday 52 4/12/2017 Thursday Trading GOLD (GC) CG – Thursday 53 4/12/2017 CG – Thursday CG – Thursday 54 4/12/2017 Friday Trading S&P E-MINI (ES) ES – Friday 55 4/12/2017 Friday Trading CRUDE OIL (CL) CL – Friday 56 4/12/2017 CL – Friday CL – Friday 57 4/12/2017 Friday Trading GOLD (GC) GC –Friday 58 4/12/2017 GC –Friday GC –Friday 59 4/12/2017 Summary of Trades NEXT STEPS Last Week of Wyckoff Trading: April 3-7, 2017 60 4/12/2017 One Week of Wyckoff Trading: mid-October 2016 Wyckoff Playbook – Objectives Occur frequently Straightforward Not a lot of complicated elements Easy to identify Simple to execute Straightforward profit targets Produce good profits 61 4/12/2017 Next Steps Practice Identify  Execute  Manage  Evaluate Deep Practice Thank You! drgary@tradingpsycholgyedge.com 62