The Wyckoff Method: A Tutorial [ChartSchool]
None of the content posted on Aussie Stock Forums should be considered financial advice. Opinions expressed are those of the respective authors and do not represent the views of Aussie Stock Forums management.
Feel free to post. I prefer to see complete analysis in your post rather than a vague reason for a trade. I do answer questions. The more you put in, the more you'll get out. I don't help lazy people, only those who appear to be working to help themselves.
This is Imran Ghani as a Chart Analyst. I have Experience in Trading with Price Action, VSA, Wyckoff..... Learn More
Tradeguider has launched their own whole collection associated with compensated item within the VSA Membership. It’s nevertheless the month-to-month regular membership for that membership however the very good news is actually exactly what possess set you back a great deal has become free of charge. You’ll find a great deal regarding Donald Weis, Dayton, Wyckoff rediscovered, Ben Williams as well as Gavin Holmes.
1. Determine the present position and probable future trend of the market. Is the market consolidating or trending? Does your analysis of market structure, supply, and demand indicate the direction that is likely in the near future? This assessment should help you decide whether to be in the market at all, and if so, whether to take long or short positions. Use both bar charts and point-and-figure charts of the major market indices for Step 1.
When Tom Williams went back to Beverly Hills in the early 1980’s, he began to investigate the possibility of computerizing the system he had learned as a syndicate trader- and so began the evolution of Volume Spread Analysis ( VSA ). With the assistance of an experienced computer programmer, Tom carefully studied thousands of charts to recognize the obvious patterns that were left when professional operators, or Smart Money, were active. This technique, although simple in concept, took several years to write and is now taught as a methodology in combination with software known as TradeGuider .
- Master the Markets. By Tom Williams
- A Complete Guide to Volume Price Analysis. By Anna Couling
- Trades About to Happen. By David H. Weis.