The Taylor Trading Technique Today
Traders look for the market to test or "violate" the previous day's low.
A failure to hold the early high indicates the beginning of a markdown phase, leading into the next Buy Day. Key Analytical Concepts The Taylor Trading Technique
Traders look to sell into the strength of the rally at "objective price levels" near the prior day's high. Day 3: Sell Short Day Traders look for the market to test or
Identify a market bottom and initiate a long position. The Taylor Trading Technique
The market often opens with an upward gap or makes an early high before reversing sharply.
Anticipate a decline and initiate a short position.
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