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You are here: Home / Archives for recency effect

They Don’t All Work: UpThrusts and the Recency Effect

December 10, 2013 by DrGary Leave a Comment

Nothing is 100%.  That includes the Wyckoff Method.  Even the best trade setups will fail. That's the nature of this game.  It's all about probabilities. This morning before the US Open, we saw a good sell-off.  The market then pulled back and set up an UpThrust at #1.  Everything looked fine for a nice trade.  But a nice trade didn't happen.  Instead, a minor Spring propelled … [Read more...]

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