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Wyckoffmethod

Dow Inc Showing Classic Wyckoff DistributionAmazing example on Dow Inc. of a Trading Range following Wyckoff Distribution Schematic #2. ------------------------------------------------------------------ What is a Trading Range? ------------------------------------------------------------------ In an trading range there is a equilibrium of Sellers & Buyers causing price to move sideways but unknown to many the large operators are slowly absorbing all the Supply or Demand of the asset before starting a major campaign. ------------------------------------------------------------------ What is Wyckoff Method? ------------------------------------------------------------------ "One objective of the Wyckoff method is to improve market timing when establishing a position in anticipation of a coming move where a favorable reward/risk ratio exists. In accumulation, the shares purchased outnumber those sold while, in distribution, the opposite is true. The extent of accumulation or distribution determines the cause that unfolds in the subsequent move out of the TR ." Wyckoff Theory & Schematics give us clues to which probable direction the price may head out of the horizontal moving price structure. In a Distribution Trading Range two of the key characteristics are the UTAD (Upwards Thrust & Distribution) above the Trading Range, and the SoW's Signs Of Weakness's with strong volume at the bottom end of the range. ------------------------------------------------------------------ Further Reading ------------------------------------------------------------------ For more information check out Stockcharts.com, Wyckoff Introduction & Tutorial for beginners. school.stockcharts.com For Distribution Schematic #2 for comparison: school.stockcharts.com ------------------------------------------------------------------ If you found the idea informative & insightful then share the love with a like & comment, thank you!
NYSE:DOWShort
by Worth_The_Ri5k
5
Bitcoin wyckoff reaccumulation Is this what we could possibly see over the next 2 weeks? reaccumulation usually can last between 3/6 weeks. as this started the beginning of September I'm very bullish for Q4. after all it is the most bullish quarter in the most bullish year in the BTC 4 year cycle historically (A Reaccumulation serves the same purpose as an Accumulation with one main distinction. An Accumulation stops a downtrend as the Composite Operator begins the lengthy process of Absorbing shares. This begins with the stopping action of a Selling Climax (SCLX). A Reaccumulation is the process of Absorbing shares during an uptrend. It is a pause in a major uptrend that can take weeks to months (sometimes years) to complete. A Reaccumulation will begin with an acceleration of the uptrend into a Buying Climax (BCLX). A BCLX and an Automatic Reaction (AR) set the Resistance and Support areas of this new ‘range-bound’ condition. The trendless trading range will discourage many traders and they will sell shares to move on to other more active stocks. The C.O. uses the release and availability of shares to add to their positions. Wyckoffians will attempt to identify the footprints of the C.O. in the Reaccumulation process to initiate or add to holdings along with the Composite Operator. Often traders will misinterpret a Reaccumulation as Distribution. With careful analysis Wyckoffians can learn to make the essential distinction between these conditions. Recall that Absorption results in Reaccumulation or Accumulation, and price action becomes ever less volatile as the structure comes to a conclusion and the uptrend begins. This is because most of the available shares have been removed from the marketplace)
Long
by Cymoongale
2
Doge: Wyckoff Redistribution RangeIf Doge rejects here its a clear example of Redistribution.. Notice how well price respects the upper trading range. Only if DOGE gets back above 0.22 cents mark or so with STRONG buying volume can this bearish pattern be considered invalid. ---------------------------------------------------------------------------------- My redistribution is based on the characteristics of Distribution found here; school.stockcharts.com Let us remember that Wyckoff is not a CHART PATTERN, it is a METHOD OF TRADING RANGES that can be APPLIED TO ANY RANGE. That means characteristics of Accumulation can be found in Reaccumulation, and vice versa with characteristics of Distribution found in Redistribution. ---------------------------------------------------------------------------------- Thank you traders, Take Caution & Goodluck out there!
Short
by Worth_The_Ri5k
3
Part 2 - How to identify Trend Reversal | SMCPart 1 of this Educational content we looked at Market Structural behavior in reversal of trends. Part 2, we are going to take a look at SMCs. Important things to know about Wyckoff’s Schematics are. Always start of plotting Supply and Demand zones on HTF. Accumulation and Distribution should take place within HTF Supply and Demand zones. An excess of demand over supply causes prices to go up because there are more people buying than selling. But, in a situation where there is more selling than buying, the supply exceeds demand, causing the price to drop. 1. Demand > Supply = Price rises 2. Demand < Supply = Price drops 3. Demand = Supply = No significant price change (low volatility) Re-Accumulation and Re-Distribution takes place in LTF Supply and Demand zones. These moves are done to provide more liquidity and to take out liquidity from them market. As market moves from liquidity to liquidity. In other words, Transfer of weak hands into strong hands taking place. It's not important to identify all the phases of Wyckoff’s Schematics as long as you understand the basic and important laws and principles. This is just the summary of the entire thing, and if you find it useful leave a comment below. And I will be doing a Part 3 , where we will look at how to make entries and how to set possible targets.
UEducation
by DynamicCapital-FX
9
ADAUSD Possible correction | Market outlookUsers are awaiting a hard fork of the Cardano network called Alonzo, which will allow the integration of smart contracts. It will happen during the Alonzo Purple update, which is slated to activate on September 12 – much earlier than investors expected. Currently, smart contracts are already available on the test net, where developers are performing the latest tests of their components. Their launch will allow the creation of decentralized finance applications on the Cardano blockchain, leading to an increase in demand for ADA and an increase in its price.
COINBASE:ADAUSDShort
by DynamicCapital-FX
NAS100 Short from LPSYAnticipating market to rally upwards to mitigate some of the orders left from the extreme which broke structure from the schematic. Orders are from the NY session so will definitely be buy orders in there that needs to be mitigated. Have found my most volumest candle which correlates on the 50m, 5m and 2m timeframes. Sell Limit off the 80% of the 5 minute and have set an alarm off 50% of the 50m to give me a heads up to watch closely. Planning on running this down towards the re-accumulation that happened near the end of August. With the events happening with the world economy and being September, I'm anticipating some downwards movements in the indices. So let's wait and see, happy trading!
OANDA:NAS100USDShort
by teek_aay_
2
Nice catch on GBPUSDBeautiful catch on GBPUSD before weekend Sell Limit off 80% of the 127M candle which initially was the extreme of the leg that pushed price to break the low from 01/09. Price has therefore come back up to mitigate some of the orders in the area which also holds some significance being in the NY session. SL set on the extreme high risking 6.6 pips in order to run this down to the extreme low from 09/09. Will take partials at 1.38000 as price loves the 50s and 80s. Already have set stop loss to break even as its broken some significant structure so now let's wait and see. 24:1 R&R. Lets goooooooo fam!
Short
by teek_aay_
3