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 volume.
The Wyckoff method provides traders and investors with the tools, knowledge and ability to exploit markets movements consistently, whilst minimising risk exposure and aiding capital preservation, across multi-asset classes.
The Wyckoff methodology provides the opportunity to select high probability trading opportunities with a solid reward/risk
The detailed image / graphic is a typical 'basic scheme of accumulation focusing on the Phases and different key metrics / elements that make up all of the moving parts.
PS = Preliminary Supply
SC - Sellers Climax
AR =Automatic Reaction
ST = Secondary Test
UA = Upthrust Action
ST as SOW = Secondary Test as Sign Of Weakness / Sample of Weakness in test function
SP = Spring
Test = Test Spring
LPS = Last point of Support
BU = Back Up
BUEC = Back up to the Edge of the Creek
SOS = Sign of Strength
Best Regards
Phantom
The Wyckoff method provides traders and investors with the tools, knowledge and ability to exploit markets movements consistently, whilst minimising risk exposure and aiding capital preservation, across multi-asset classes.
The Wyckoff methodology provides the opportunity to select high probability trading opportunities with a solid reward/risk
The detailed image / graphic is a typical 'basic scheme of accumulation focusing on the Phases and different key metrics / elements that make up all of the moving parts.
PS = Preliminary Supply
SC - Sellers Climax
AR =Automatic Reaction
ST = Secondary Test
UA = Upthrust Action
ST as SOW = Secondary Test as Sign Of Weakness / Sample of Weakness in test function
SP = Spring
Test = Test Spring
LPS = Last point of Support
BU = Back Up
BUEC = Back up to the Edge of the Creek
SOS = Sign of Strength
Best Regards
Phantom
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.