Here is an example of Distribution in Wyckoff Schematics. Here as you can see you could easily trade with the smart money and take huge profits if you just understood how smart money move the market in order to get where they want. It works on all timeframes in reverses areas, where you believe, based on your analysis that the market is likely to reverse.
Wyckoff theory is a way to understand where the smart money(Institutions & Large banks) want to move the market and when you can enter and add to your profitable entries. If you understand the way smart money moves the market, then you can profit with them! It can be used in all timeframes.
Textbook educational example of the Wyckoff Price Cycle, focusing on; Accumulations, Distribution, Markups, Markdowns, The Spring and UTAD. The graphic doesn't take into consideration the finer details of both the accumulation &/or distribution schematics nor does it focus on the re-accumulation / re-distribution schematics. Please see our other ideas for a...
Accumulation schematic #1 Wyckoff Event and Phases The Wyckoff Method was developed by Richard Wyckoff in the early 1930s. It consists of a series of principles and strategies initially designed for traders and investors. Wyckoff dedicated a significant part of his life teaching, and his work impacts much of modern technical analysis (TA). While the Wyckoff...
Nearly 100 years ago, Richard D Wyckoff born in the 19th century was a famous stock trader and investor. Wyckoff developed and carved out a revolutionary and ground breaking methodology which interlinked the institutional activities and large organisations to price movement within the chart. Wyckoff’s method and edge is based on logical reading of price action and...
If you search up the schematic for wyckoff theory we might be looking at the beginning of the accumulation cycle
27 Mar 2020 - last hour sell off with big spread looks threatening. Yet, it still formed a higher low and within the H1 up channel. Expect a test of the bearish last hour bar during non-RTH on Monday. A break of the up channel and 2500 should send ES to test 2400-2450. Overall H1 structure - potential up thrust of 2550 level followed by a test (last hour bar...
Hello Traders ! Today I would like to share with you an addition confirmation why I shorted EURUSD. I used Wyckoff Market Phases Market Phase: - Accumulation Phase: During a bull market, the accumulation phase begins when the informed investors usually enter their positions. - Re-Accumulation Phase: As soon as the price leaves the accumulation phase and the new...
Xiaomi stock price jumped across the creek as the company announced the launched its low cost 5G phone today. Related Article Today's action is different from previous rallies as price broke above a significant resistance level that we call The Creek, a resistance level within the accumulation set-up. With this break out, we expect stock price to move into Mark...
PS - Preliminary Support (buys provide a bounce to slow move down) SC - Selling Climax (Buys absorb remaining sells , end of panic sell off) AR - Automatic Rally (Price rise caused by volume buys and lack of sells on the orderbook) ST - Secondary Test (retest of support, may occur multiple times) Shake Out - Volume sell to drop price encouraging inexperienced...
Team, Welcome to another overview of the long term landscape of the market. It's been several months now since we've turned bearish on the overall market and although nothing seems to have happen yet, I just want to say that NOTHING HAS CHANGED (STILL BEARISH!). * TAKE AWAY FROM POST: We're expecting to see A Weaker Dollar A Rise in Gold Prices A...
Gold is expected to be trading in re-accumulation instead of distribution in view of a "Spring" event. Spring is a exhaustion of supply, indicating demand is expected to be back in control. A breakout from the creek (resistance), we will expect Gold to trade further. 1st TP: 1,550 level (Previous high +2.618% Fibo) 2nd TP: 1,600 (Whole Number Effect + 4.236$...
ESQUEMA BÁSICO DE DISTRIBUCIÓN #1
Wyckoff Distribution playing out perfectly in USDCAD.
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...