Timing the Trade the Wyckoff Way Message Board

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Strategies & Market Trends : Timing the Trade the Wyckoff Way

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From: Tokendude	4/8/2015 7:48:43 PM
	Read Replies (2) of 14340

I know some members of BTT have struggled to be successful in spite of the rather simple rules BTT outlines. I also know that BTT doesn't really make "specific" recommendations, but rather gives us multiple ideas to work with. I would like to recommend that those really struggling to be successful, look for the posts BTT makes which come closest as possible to a screaming buy as they will ever give. There have been multiple along the way, but the most recent was in the 3/25/15 e-mail regarding #1 (from this past Sunday's list). It reached what they called a "favorable valuation level". An even stronger comment was "With a mean PT at $42, there is a four to one reward to risk opportunity at $30". I entered this stock the next day at $30.37, and to date (roughly 8 market days later) the position is up enough that a stop can now be placed, giving it considerable room to move and still finish no worse than break even. A comment they made in tonight's email. Of course even these "screaming buy" type of comments don't always work out this well, but if you go back and just look at them you will see that most have been spot on. Roy

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