I trade volume and follow smart money first and foremost! Then I use Fibonacci Retracements, fractals, Wykoff method, Elliot Wave Theory, volume profile, price action, order flow, diagrams, astral, news, and last fundamentals.
Synchronicity Of Effort and Result: The one of the supply and demand rule of Wyckoff Trading Method. Analyse the Market Correctly to get an idea about reversals from a level. this Concept Works 95% - 100% If Analysed Correctly. Note: This is not an investment Advice. Trading Involves High Risk!
Monitoring the formation of the Wyckoff accumulation pattern on LINKBTC price action. Preliminary Support (PS) : where substantial buying begins to provide pronounced support after a prolonged down-move. Volume increases and price spread widens, signaling that the down-move may be approaching its end. Selling Climax (SC) : the point at which widening spread...
This is a good example of the relationship between supply and demand, accumulation and distribution (see the 1m chart insert from Friday 17th September). Price is constantly fluxing between the two forces deciding who has control of the market. At the point where the recent high fails to break, this is a strong signal that sellers could be in control and shorts...
Very often the main issue for traders is to just on time (quickly?) spot on chart correct patterns that may warn traders about incoming to market Supply or Demand. Everyone tries to catch reversals as this is beginning of potentially long new trend. And asking yourself try to answer honestly to yourself - how often you skipped the move because you didn't notice it...
Wyckoff was a pioneer in the technical analysis of the stock market in the early 20th century. He established the Stock Market Academy in 1930. The main course is to introduce how to identify the dealer’s process of collecting chips and the process of distributing chips/judge. Second and third, in the basic law of "causality", the horizontal P&F count within the...
This is a Smart Money Concepts Diagram With Labeled Wyckoff Accumulation And Distribution Schematics. These are the main smart money trade setups that you will find in your charts, this is how smart money (big banks, funds, composite man, etc.) manipulate markets to engineer liquidity. Wyckoff methods teach a bigger picture view of the markets and why they are...
Dollar gains on upbeat US Retail Sales data. Gold Slips from 1 month peak. Gold case study of last week action using Wyckoff method, Market structure, Liquidity concept and SnD.
This trading method was developed by Richard Wyckoff in the early 1930s. It consists of a series of principles and strategies originally designed for traders and investors. Wyckoff devoted much of his life to studying market behaviour, and his work still influences much of modern technical analysis (TA). Currently, the Wyckoff method is applied to all types of...
Richard Ney spoke about think of the market like a warehouse, the owners of the warehouse CM (composite man) needs to fill the building with inventory, they need to sell some as they acquire more - issuing news releases of their grand launch. But their whole objective is to buy at the wholesale rate & sell at retail prices. Think of this in a simple chronology...
This is Wyckoff's Accumulation phase that is tricky to understand, Wyckoff's methods are real smart money concept. Actually Wyckoff's understand how SM place their orders. So after a long time by studying markets sir Wyckoff distributed his knowledge between public. And reality is Support and Resistance work but not so nicely SM know how retail traders trade the...
A typical candle will have an Open, High, Low, Close. You will see these referred to in some text, articles and indicators as O,H,L,C Below is the structure of both a Bullish (Green) & Bearish (Red) Candle The cycle shown below, is the action within a candle, think about this – the candle opens at say 100, it dips to 95 and starts gaining ground to 120, before...
Accumulation: Wyckoff Events school.stockcharts.com PS—preliminary support, where substantial buying begins to provide pronounced support after a prolonged down-move. Volume increases and price spread widens, signaling that the down-move may be approaching its end. SC—selling climax, the point at which widening spread and selling pressure usually...
For those of you not familiar with Dow Theory. Here's a simple introduction. Nothing technical just a "welcome to" type of educational post. Short History Dow Has 6 Rules - these are known as the 6 Tenets Dow is mostly known (most obvious - the Dow Jones Industrial Average) Other tools and techniques can fit into the Dow Theory, such as Elliott and...
Richard Demille Wyckoff (1873–1934) was an early 20th-century pioneer in the technical approach to studying the stock market. He is considered one of the five “titans” of technical analysis, along with Dow, Gann, Elliott and Merrill. Analyses of Trading Ranges One objective of the Wyckoff method is to improve market timing when establishing a position in...
Wyckoff's three laws: Supply and demand. Cause and effect. Law of effort. Saved for personal and public curve representation and visuals on a large time frame.
On many websites educating us in relation to various trading methods and trading psychology we see often Wyckoff Schematics in relation to Distribution and Accumulation. This example presents IOTAUSD trading pair, but obviously could be used on others. It's quite complex and extensive for beginner traders to wrap your head around but if true and spotted early...
After my last educational wyckoff post - I had a lot of comments, questions and so on. The idea was to post the basics and show the concept - there has been a lot of the overlay, breakdown and other people jumping on this. It was a move we called on the 18th of March (see the "they blew up the rocket" post). In terms of some simple education, Wyckoff is deep and...