Description
David Weis’s book, Trades About to Happen, is the definitive book on adapting the classic work of Richard Wyckoff to today’s markets. Dr. Gary Dayton, a long-term student and friend of David’s, walks you through David’s work, chapter by chapter, detailing all the elements that made David the greatest modern proponent of the Wyckoff Method.
In these in-depth and detailed video reviews and application of David’s book, Dr Gary brings alive his approach and insight and explains how to utilize the principles behind Wyckoff’s work and make effective trades with this method in current markets. He shows how David constructed intraday wave charts similar to Wyckoff’s originals, how to properly draw support/resistance lines, how to accurately interpret price bars and volume without derivative indicators, and how to conceive the market’s structure in terms of trading ranges (one of the most unique features of Weis’s book) where the struggle for dominance is played out between buyers and sellers and where we can recognize clear action signals at key turning points.
One of the most valuable assets of Daivid’s book is what he called his “trade finder.” It’s a conceptual map of the market that highlights the very best locations to find trades. David often said you don’t drop a line in the middle of the lake if you are fishing for big trout. Instead, you look for sunken logs, rocks and other structures. This is where the fish are, and it’s also where the best trades are located – at market structure. David has lots to say about structure and how to visualize the market. Most traders look for trades that create trends. As you will learn, David’s map of the market isn’t about trending. Once you understand David’s approach, you will never see the market in the same way again.
Dr. Gary’s indepth review and teaching of David’s book is part of the Ultimate Wyckoff Teaching Series has 12 recordings, each is 1.5 hours long.
This is part of the Ultimate Wyckoff Teaching Series. The complete series include:
- Richard Wyckoff’s Case History of the New York Time Average of 50 Stocks in 1930-31
- David Weis’s book: Trades About to Happen
- David Weis’s 2 chapters on bond futures in the book: Chartng the Market: the Wyckoff Method
- Tom Williams’s book: The Undeclared Secrets that Drive the Stock Market
Bill Hoey –
Dr. Gary’s review of David Weis’s “Trades About To Happen” is an encyclopedia full of knowledge and understanding of the Wyckoff Method.
Dr. Gary’s in depth analysis really brought David’s book to life for me. I had previously read the book three times and couldn’t quite understand the concepts as well as I would have liked. When I went through all of the 12 video sessions the light bulb came on, all of the dots connected for me. Dr. Gary explained things in a clear, down to earth manner. I highly recommend this exceptional course, it will build a solid Wyckoff foundation for you.