THE TAYLOR TRADING TECHNIQUE by George Douglass Taylor TRADERS PRESS" INCORPORATED P.O. BOX 6206 GREENVILLE, S.C. 29606 Books and Gifts for Investors and TradersPREFACE In preparing this work the author has felt the difficulty which arises in a theor practical a subject as speculation ical dissertation on so While trying to describe the action around one kind of trading objective. it is, also, necessary to try to describe the nearby future ‘play’ at the same time, since. the entire method is anticipatory and forecast. This accounts for much of the repetition for in trying to describe the action around a Buying Point. for instance. we must. also. try to describe the action that precedes and leads up to this point. what action. should it occur. it forecasts for the next nearby future move. Though theory and practice are not at variance when combined, yet either without the other proves very unsatisfactory. Thus. the reader should he start with only the theory, will find himself for some time pretty much “at sea” when he comes to actual practice As. however. he gradually obtains some practical experience. he may find this method of trading some use to him. So. also. the seasoned trader. who before, entrusted to luck. keenness of observation. intuition and experience. may find himself in the future much better equipped by acquiring a little theory. While the statements in the work are predicated upon fundamentals, no reader should accept them as hard and fast rules, without exceptions. Statements that have been made are based on a long period of sbservations of what generally takes place. around these objectives but ¢ wader must not be so rigid as to stick to a stubbom theory. Successful speculation is not based on any one set of inflexible rules anda trader must he ready ta change when conditions change. however. the trader who knows how to act when the expected happens. is in a better position to act when the unexpected happens We have included just as much material as we think would be interesting and useful, saving a lot of time and the trouble of wading through a vast amount of superfluous and irrelevant matter. so far as trading with this method is concemed. George Douglass TaylorCONTENTS Introduction 3 Preface by George Douglass Taylor... 4 Chapter | How the Market Trend is Made a3 Chapter Il How to Make Up a Trading Book . 15-18 Chapter III Uses for the Columns and Marks od Chapter 1V The Symbols as Trend Indicators 25 - 28 ChapterV A Buying Day......... 29-31 Chapter VIA Buying Day Low Violation 33 - 36 Chapter VIIA Selling Day : 37-39 Chapter VII A Short Sale Day... Chapter IX A Short Sale at High of Buying Day Made First Chapter X Failures to Penetrate Chapter Xi The Trend Line and Trading Areas - Market Trends. Chapter XII Limit Day Moves 63 - 64 Chapter XIIl_ The Three Day Swing Trader. 69-72 Chapter XV Pertinent Points... 73-76 ILLUSTRATED PLATES AND CUTS December Rye (RZ) Trading Example . 27 USS, Steel (Trends and Movements) 57-58 Cotton July-51 New York (Trends and Movements) 59 Wheat and Cotton (Seasonal Trends} 60 Com and Feed Grains (Seasonal Trends} 61 Soybeans (Seasonal Trends) ; 62 March Soybeans (SH 48-49) Example Daily Trading 34 Supplementary Plates May Wheat (WK 47-48) Yearly Summary 77-81 May Com (CK 47-48) Yearly Summary. ». 82 - 86 Addendum 87-97 Comments on Usage by Linda Bradford Raschke. 99 - 100 Comments on the Tayior Trading Technique from George Angell...... 103-127