Wyckoff Morning Trade Yesterday, a Wyckoff Spring lit the market and triggered a strong rally. Last night in the Asian and European session, there was not much trading and no real follow through to the upside (you see this clearly on the tick chart). What trading did occur left us overbought in the trend channel. What happened to all that buying from … [Read more...]
The Beauty of Wyckoff Trading
The Beauty of Wyckoff Trading Many times throughout the trading week, we can see the beauty of Wyckoff Trading. Setups occur that most traders are unaware of, don't require expensive and confusing indicators, and set up in such a way that the the risk is lessened. It really is a beautiful way to trade. We will be having a free webinar on the Wyckoff Method on Wednesday, … [Read more...]
Free Webinar Today: Wyckoff Principles
Free Webinar Today: Wyckoff Principles We will be holding a free webinar today on Wyckoff trading principles. We will start at 4:30 PM ET and run about 35-45 minutes. We will look at recent market action in the S&Ps, Crude Oil, and the GBP-USD FX Cross. We'll see how Wyckoff principles played out in these markets across different time frames. Want to see how to use … [Read more...]
Wyckoff Trading Method Follow-Up
Here’s a follow-up to my earlier post on trading the Wyckoff Trading Method off the 4-hour chart. Although the Wyckoff Trading Method does not integrate the various time frames in its analysis (it uses the P & F Chart for the higher time period), the weekly, monthly and other higher time periods can shed a lot of light on the anticipated next move of the market. It was … [Read more...]
Frustrated Traders About to be Rewarded
The market has frustrated traders lately. The S&Ps have been stuck in a 12-point trading range over the last three days. While this can present frustrating trading, the good news is that it will end shortly. When it does, we should see the market move smartly. Both the daily and the weekly charts indicate weakness has entered the market. By these charts, we may see a … [Read more...]