Gary Dayton – Chart Reading Mastery
Description of Chart Reading Mastery
Taught by Dr. Gary Dayton, a Wyckoff expert, trading psychologist and trading educator, Chart Reading Mastery focuses on reading the market via price bars and volume. The course consists of eight 1 1/2 hour weekly sessions – that’s eight weeks of in-depth education on how to read the market by its own actions using the Wyckoff method.The recording of the last course is available so you can study the best course for trading at your convenience.It’s no secret that the markets offer tremendous opportunities every day.
What would it be like for you to see these opportunities as they unfold? What would it be like for you to clearly see the trade set ups … to know where to enter … and to know where to take profit? Where would your confidence be if you know in advance that the trend was about to change – that you could really read this in your charts? How would you feel if you could do this with any market on any time frame?Well, all of this is very possible.
Learn To Understand Market Structure – The Key to Trading
Most traders start with indicators or specialty software that can be helpful, but frustratingly confusing as well. A trade setup works wonderfully one day. Then, just a few days later the exact same setup fails. Why? Because the market structure on the first trade was conducive to that trade; on the second exact same setup, it wasn’t.
You can take any trade setup and dramatically improve it with a sound understanding of market structure. We will show you how to read market structure so that you can anticipate ahead of time what the market is likely to do next.
The Professional’s Winning Edge
Most professional traders don’t rely on indicators for their trading edge. Their big advantage is that they know how to read price bars and volume. This is a significant advantage. Combined with an understanding of market structure, the ability to read the market bar-by-bar is the quintessential professional’s edge. It is what makes them professional. They are not relying on the standard indicators everyone else is using – if they did, they would be in the same boat that 85-90% of all traders are in: a sinking ship of failure. Instead, they have developed the ability to see buying and selling in the markets they trade and whether demand (buying) or supply (selling) is dominant and in control.
Combined with an understanding of market structure and exactly where to take trades, the pro trader has a great advantage in trading the markets. You can have this same advantage with an understanding of how to read the market by its own actions and some good, old fashioned hard work.
What will you learn in Chart Reading Mastery?
Chart Reading Mastery is unique in that it offers what no one else provides: a proven method of reading the market through price bars and volume in conjunction with market structure. Remember, structure is the professional’s edge that they filter all of their trades. We will show you exactly how to do this and more than that, we will show you exactly where to find your trades.
And, it’s not just a couple of hours with a few charts! Chart Reading Mastery:
- Runs for Eight Weeks – yes, you read that right. This is an eight week program where we meet (via the internet) for eight weekly sessions usually lasting between 90 and 120 minutes per session.
- Is a complete course in reading the market. You will learn:
- All about market structure
- How to construct the three types of proper trend lines
- Reading the waves of the market – a little-practiced method that keeps you on the right side of the market
- Shortening of the Thrust – highly reliable and easy to see ‘market tell’ that the trend is about to change
- Clustering of Closes – market behavior that occurs in certain areas that market the end of a move
- How to read buying and selling in the price bars
- Understanding demand and supply – these are the only things that move the market
- The significance of high volume – this tells the pro trader whether a trend will continue or abort
- Major indications of strength as they appear on the chart – showing demand has come in or supply has dried up and extremely helpful in knowing what to anticipate next
- Major indications of weakness showing selling has come into the market and sellers are taking control
- How to integrate market structure with price bar and volume characteristics as well as the major signs of strength and weakness
- Absorption of supply – what it is, where to find it, and how to assess it. Absorption tells us in advance that higher prices are yet to come
- Several important principles of price behavior – these are market ‘laws’ that precede price action and give you a heads up on where some of the best trades can be made.
- A map of the market that gives you a strong model showing you where to find the best trade setups. This is kept on every graduate’s trading desk and is their road map of the market and choice trade setup location
- How to create reliable trade setups – we take all that has been learned and bring it into focus with a clear, complete format on how to create trade setups for yourself. This isn’t like you read in all the trading books. It is a complete description of the trade setup with clear guidelines on the market structure you are looking for plus clear trade management components
- Several high odds trade setups are shown with all the details, including the vital market structure conditions we look for in making these profitable trades
- How to develop mastery in your trading – we give you the specific steps based on 35+ years of scientific research into excellence and mastery and show you how to apply this to your chart reading and trading skill development. Trading is not easy, but it definitely can be learned. This is the secret to developing real expertise and mastery in your trading.
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