069 – Wyckoff and Volume Trading Specialist – Interview w Tim Ord

Timothy Ord is an award winning market analyst who has a proven track record of 35 years of market success.  He is President, Editor, and Publisher of The Ord Oracle, which is an electronic advisory newsletter that recommends S&P, NASDAQ, and gold stock trades. Tim is frequently listed as one of the top-ten market timers in the country. Timer Digest ranked him the #1 gold timer for the one-year period ending January 13, 2006 as well as the #2 gold timer and the #5 S&P timer for 2004.

Show Notes

• Tim's education in mathematics made him naturally inclined towards the quantitative aspects of trading, which technical analysis heavily relies on.
• He emphasized the importance of volume in confirming price movements. High volume often indicates strong conviction behind a price move, whether up or down.
• He stressed that making mistakes and experiencing losses are part of the learning process in trading.
• Tim expresses a clear preference for candlestick charts over bar charts due to their visual clarity and ease of interpretation.
• Tim explains his preference for trend trading over day trading. He believes that capturing longer-term trends offers better risk-reward opportunities compared to the rapid, high-frequency nature of day trading.
• Tim discusses a long position he took on the S&P 500 in April, explaining his rationale based on technical indicators and market sentiment at the time.
• He shares his current market outlook, noting the volume observations that led him to his present positions.
• Tim elaborates on his use of the VIX (Volatility Index) as a gauge of market sentiment.
• Tim talks about his market newsletter, which he publishes regularly.

This podcast is brought to you by https://www.insideouttrading.com, where the focus is specifically on CONSISTENCY, so you'll find all sorts of unique resources to help you trading profitably and with confidence.

• Book a free consultation with Brian here ? https://insideouttrading.com/book-a-call-w-brian/
• “The Science of Consistency Applied to Trading” video — https://insideouttrading.com/register-for-the-science-of-consistency-masterclass/
• The Proven Formula for Consistent Monthly Profits — https://www.insideouttrading.com/
• “Enough To Be Dangerous” short report — https://www.insideouttrading.com/enough-to-be-dangerous-report/
• Work with Brian — https://www.insideouttrading.com/schedule-a-call-with-brian/

About the podcast

• On Spotify – https://podcasters.spotify.com/pod/show/brian-mcaboy8
• On Apple Podcasts – https://podcasts.apple.com/us/podcast/consistent-profits-podcast/id1677400820
• On YouTube – https://www.youtube.com/playlist?list=PLWBHY_-GTmgEQmz302Iog3bi5xnIF1xyZ
• On Google Podcasts – https://podcasts.google.com/feed/aHR0cHM6Ly9pbnNpZGVvdXR0cmFkaW5nLmNvbS9ibG9nL2NhdGVnb3J5L3VuY2F0ZWdvcml6ZWQvZmVlZC8
• On Radio Public – https://radiopublic.com/consistent-profits-podcast-6Bx9yM
• On iHeartRadio – https://www.iheart.com/podcast/269-profit-by-design-trading-p-109844703/

How to connect

• Website: https://www.ord-oracle.com/
• Book: https://www.amazon.com/Secret-Science-Price-Techniques-Spotting-ebook/dp/B0096C9V94  
• Linkedin: https://www.linkedin.com/in/tim-ord-b3092311/
• Twitter: https://x.com/ordoracle

What’s important to you about trading?  Comment below