The Wyckoff Method, pioneered by Richard Wyckoff, a prominent figure in the early 1900s stock market, remains a powerful technical analysis-based trading approach. This article delves into the intricacies of the Wyckoff Accumulation and Distribution phases, fundamental to this method.
Who was Richard Wyckoff?
Richard Wyckoff, a highly successful American...
The Wyckoff Method involves a five-step approach to stock selection and trade entry, which can be summarized as follows:
Determine the present position and probable future trend of the market. Is the market consolidating or trending? Does your analysis of market structure, supply and demand indicate the direction that is likely in the near future? This...
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...
Hi traders!
Today we gonna show you some alternative patterns of Wyckoff reaccumulation. Hope, you'll find it useful!
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions.
Good morning, traders. Alts continue to push upward while Bitcoin moves sideways. A preview of things to come? Most likely. While a true alt season won't begin until Bitcoin finishes a true bull run, we should see good days for alts along the way at these points where we find Bitcoin consolidating/moving sideways. I realize there are people out there calling for...
