FORD GOING THROUGH WYCKOFF ACCUMULATION: PROFITABLE ENTRIES SOON
If you are new to Wyckoff accumulation or distribution, please visit https://school.stockcharts.com/doku.php?id=market_analysis:the_wyckoff_method
Unless you are familiar with the different steps in the Wyckoff method, some of the terminology and price stages will not make any sense to you, so I encourage you to read up on Wyckoff theories.
A couple of points to know:
-Fed is releasing expected rates tomorrow. Some say an almost 50% chance that they will ease rate increase down. No matter which way it goes, I believe that the rate increase (at any point basis) has already been "built into the cake", so to speak. I believe most people are net short the entire market structure, which makes for a very painful lesson to the common trader when market makers find liquidity to offset retail trader sheep behavior.
-Ford itself is at least short term accumulating while the markets in general are quietly building up steam to break short sighted sellers that only equate an economy in turmoil into market selloffs.
-Think about it... If shorting the market in general at a time when market weakness and fear are at an all time high was lucrative, THE COMMON RETAIL TRADER WOULD BE A MILLIONAIRE. But you're not... So why isn't it that easy? Because if it was, everyone would literally be doing it.
-Market structure strives on one main component: the majority cannot win. And if the majority are all going one way, it better not be the right way, or their way must be altered or manipulated to be the wrong way. This is the only way to keep the powerful in power, and power structures intact.
-The only way to survive as a trader is to recognize when that altering (or better yet, manipulating) is being done.
What to understand about the chart:
-Liquidity is what drives the market. Better yet, what drives the market makers.
-To understand when there is a fundamental shift (or reversal) by a market maker, you have to understand the signals they give, to give yourself a chance to get into the market with them.
-Markets in general are directional towards either supply, or demand. THE WAY PRICE REACTS TO LIQUIDITY IS WHAT ULTIMATELY DETERMINES REVERSALS.
-In Ford's case, the market structure changed to go towards the upside of liquidity last Monday. Market makers are now reacting to that shift, and manipulating the markets to position themselves for the perfect profit opportunity.
-This is where Wyckoff's work comes into play...... Once we have established that the market made a change in behavior, the Wyckoff structure begins to form. (In this case, being an accumulation pattern since we have shifted from price falling from liquidity, to all of a sudden pushing above it).
*I WILL BE MAKING A VIDEO ABOUT THIS SHORTLY TO EXPLAIN IN DETAIL*
(NOTE: FORD IS AN OPTIONABLE STOCK, SO YOU CAN "SHORT" IT BY PURCHASING PUT OPTIONS WHEN THE TIME COMES)
Unless you are familiar with the different steps in the Wyckoff method, some of the terminology and price stages will not make any sense to you, so I encourage you to read up on Wyckoff theories.
A couple of points to know:
-Fed is releasing expected rates tomorrow. Some say an almost 50% chance that they will ease rate increase down. No matter which way it goes, I believe that the rate increase (at any point basis) has already been "built into the cake", so to speak. I believe most people are net short the entire market structure, which makes for a very painful lesson to the common trader when market makers find liquidity to offset retail trader sheep behavior.
-Ford itself is at least short term accumulating while the markets in general are quietly building up steam to break short sighted sellers that only equate an economy in turmoil into market selloffs.
-Think about it... If shorting the market in general at a time when market weakness and fear are at an all time high was lucrative, THE COMMON RETAIL TRADER WOULD BE A MILLIONAIRE. But you're not... So why isn't it that easy? Because if it was, everyone would literally be doing it.
-Market structure strives on one main component: the majority cannot win. And if the majority are all going one way, it better not be the right way, or their way must be altered or manipulated to be the wrong way. This is the only way to keep the powerful in power, and power structures intact.
-The only way to survive as a trader is to recognize when that altering (or better yet, manipulating) is being done.
What to understand about the chart:
-Liquidity is what drives the market. Better yet, what drives the market makers.
-To understand when there is a fundamental shift (or reversal) by a market maker, you have to understand the signals they give, to give yourself a chance to get into the market with them.
-Markets in general are directional towards either supply, or demand. THE WAY PRICE REACTS TO LIQUIDITY IS WHAT ULTIMATELY DETERMINES REVERSALS.
-In Ford's case, the market structure changed to go towards the upside of liquidity last Monday. Market makers are now reacting to that shift, and manipulating the markets to position themselves for the perfect profit opportunity.
-This is where Wyckoff's work comes into play...... Once we have established that the market made a change in behavior, the Wyckoff structure begins to form. (In this case, being an accumulation pattern since we have shifted from price falling from liquidity, to all of a sudden pushing above it).
*I WILL BE MAKING A VIDEO ABOUT THIS SHORTLY TO EXPLAIN IN DETAIL*
(NOTE: FORD IS AN OPTIONABLE STOCK, SO YOU CAN "SHORT" IT BY PURCHASING PUT OPTIONS WHEN THE TIME COMES)