How To Trade Like Banks Using Accumulation & Distribution | WYCKOFF Trading Course For Beginners
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- Опубліковано 15 жов 2024
- Discover a price action trading course using Wyckoff method, to trade like banks on Forex & stock market. In this video you’ll learn:
• What is Wyckoff theory and how to perform a Wyckoff analysis (smart money concepts)
• What are Wyckoff accumulation and distribution zones and what are main price structures in a Wyckoff cycle
• How to make money trading stocks and Forex market using Wyckoff strategy (on different trading platforms: Tradingview, Thinkorswim, Webull, Metatrader 4 etc)
• How to read Wyckoff price cycle and how Wyckoff trading works in Forex and stock market
• How to read price action and volume using Wyckoff method (how to buy and sell using Wyckoff theory)
• How to interpret Wyckoff price structures when trading stocks (Wyckoff trading explained for beginners)
• How to correctly trade Wyckoff cycles (in a trading strategy)
• How to identify trends and take signals using Wyckoff theory and simple price action (with many examples)
• How to take long and short positions with Wyckoff signals
• What are the best signals offered by Wyckoff method
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I love how you show so many different examples of how it can play out after you explain the strategy. For beginners particularly it helps a lot!!!! You are a perfect teacher. Thank you for all your works! Obviously I am waiting for the advanced Wyckoff strategy
Read this book
The Wyckoff Methodology in Depth: How to trade financial markets logically (Trading and Investing Course: Advanced Technical Analysis Book 1)
I always thought the Wyckoff method is complicated, even as a summary. But you made it such that a beginner like me can understand the concept. Can't wait for the advanced version. Great teacher and thumbs up!
Glad you liked it!
I have watched this video right now and immediately I can see how it is manifesting on my trades. You are great teacher indeed. You made seemingly difficult stuff look so simple. I will continue to follow you. Well done.
Thanks a ton!
I just found out today regarding this method and it is amazing. i need to do lots of backtesting. In daytrading, Im using 45 range chart on the NQ, volume up and down below, candlestick + eiquivolume which makes the candlesstick wider when plenty of volume executed during the mark up/down. 15 minutes chart on the left side to see the levels but seriously, the lever we need to really watch is the high and low of the range during ACCUM/DISTRI phase. this is the holy grail IMO because volume is one of the very few indicators that is reliable. Thank you my friend.
👍👍
Wow, Brilliant... I've waiting for someone that will explain Wyckoff in a simple... This was truly brilliant.. I'll test this on different chart..
You're very kind! Thank you!
Finally, a Wyckoff Video that's easy to digest! Thank you! Hope to see more videos on the topic!
More to come!
Must admit the simplicity of it due to how he explained it was very helpful
This might be the finest trading video I have ever seen.
👍
Ur the best teacher in the world. Brilliant teaching , brilliant graphics in the videos can make even the beginners understand easily . Thumbs up 👍
Thank you kindly! 👍
One of the best Wyckoff explanations I’ve seen. Subscribed.
Thanks and welcome👍
This is mind blowing, I watch it repeatedly to get every words. My trades experience exponential growth after applying the strategy, you are a genius!!! I wish I can subscribe to your channel a million times,great stuff
Glad you enjoyed it!👍
I'm in for those "advandced" Wyckoff videos!
Cool!
More advanced videos! 🙌
@@TheSecretMindset do you have the more advance Wyckoff method sir?
Lol!
I trade strictly Wyckoff. The only indicators I use are the 200ma and volume. 200ma gives me the overall trend and the volume lets me know when the markup or markdown is soon to happen (start making determinations at this time).
Learn to read the patterns of Wycoff and it makes trading fairly easy/predictable. I can generally get 50 pips per day with a single markup or down, sometimes 80+ with several markups and downs per day.
Legend!
What timeframe do you trade?
I follow my trades on the 1hr and make my entries on the 15min.
I can see the details of wyckoff more clearly on the 15min than I can other timeframes.
If u can elaborate further, plse do so.
So, following Wyckoff, u disregard traditional s/r?
Yes I disregard traditional support and resistance but I do recognize areas of support and resistance within the pattern itself with the knowledge price will linger around or possibly pull back some in these areas when I'm placing my entry.
The areas of supply and demand, accumulation and distribution, are generally viewed as larger areas of support and resistance in themselves where price lingers and eventually breaks out from. Learning the Wyckoff pattern within these areas is an accurate prediction of that breakout.
the best channel on youtube for technical analysis, truly great, thanks
👍 Much appreciated!
Only channel I have the bell clicked. Comprehensive and easy to understand. Well done.
Wow, thanks!
All, and I mean ALL of your videos are SO informative that I cant compare it to any other channel. Thank you for make me understand the market so much better. This is my favorite channel at this moment
Appreciate it! 👍
Most Excellent Explanation and Analysis. I am an old man. About 60 years ago I borrowed the Wyckoff Course from a friend and laboriously made copies on the New IBM Photocopier at the college library. It cost me a nickel a page. For cost comparison a 6 oz bottle of Coca-Cola at the time was 6 cents, the machines took a nickel and a penny. My education budget for the year was $1,000-$1,200 dollars, that was tution, room and board, books and everything, but I could make about that much in a summer. My personal "entertainment" budget was $10 per week and that included laundry and dry cleaning. I didn’t have a lot of fun, but that's not the reason I was there. And I did get a degree which has paid for itself a thousand times over. Neither of my parents graduated from high school and I was the first to get a degree in a very large family with many cousins. Knowledge is priceless, but its tricky and takes experience to apply.
Thanks again my friend.
👍👍👍
Systematic and concise explanation as always. Would love to see more content on Wyckoff, especially the advanced stuff. Keep up the good work!
Much appreciated!
You do have a way of explaining things so everyone would understand, All your videos are Gems; Thank you for all the knowledge you share. I've learnt a lot from watching your videos.
I appreciate that!👍
Ready for advanced vids. Thanks for taking the time.
Oh man! Wonderful explanation. Thank you. Please, bring us lots and lots of more Wyckoff stuff.
More to come!
Brilliantly explained. Looking forward to advanced Wyckoff lessons!
More to come!
Superb video. Brilliant explanation. Thank you.
More videos on Wyckoff would be greatly appreciated.
Thanks, will do!
Looking forward to advanced Wyckoff videos. Thanks for making these videos.
More to come soon!
beautifully illustrated and explained
This is the best explanation of the Wyckoff method on youtube, Thank you brother.
Glad it was helpful!
Huge fan of the Wyckoff method! Love the vid bro! Keep em coming 👏👏👏
More to come!
Great, thank you and voting for more videos on volumes 👍🙏
Noted!
Best video I have ever seen! Thank you so much!
Thanks a ton!
Always the best from you my man! Thanks and keep up the great work!
Much appreciated!
You are the BEST among the youtube trading education... i am your big fan and i always share and recommend to my friends or whoever looking for studying trading...
Thanks for all your kind lecturing
All the best
Thank you so much 😀
This was such a good explanation with amazing visualizations. THANK YOU !!!
👍
WYCKOFF analysis is looking forward to a long time, thank you for your video
Thank you too!
Congratulations , your video is one of the best i ever seen , very simple, lots os examples, and charts, congratulations, greetings from Portugal
Thanks a ton! 👍
What a quality content! Thank you for these videos, they are gold to those that want to listen and then check by themselves how they test in real trading
👍
good job man you deserve more than a thank you....God bless you lad and keep on educating us
👍
Very informative video...Need more video about Advance wyckoff method.....
Noted!
awesome. I've been reading the wyckoff book and this helps a lot to have a visual
Glad it was helpful!
Check out Mindset's video called 'How To Trade Like Banks | SUPPLY And DEMAND Price Action Course for Beginners'.
Wyckoff is basically the patterns the price follows as it moves to and from supply and demand.
@@captsean660 i saw it. Was a great one as well
That was Awesome!
MORE WYCKOFF VIDEOS PLEEEAASSSEEE!!!!
Sure thing!
Thank you for all your videos. They are very educational and greatly appreciated.
So nice of you👍
Okay so how long do these phases usually last and how do they act in ETFs.
Beautifully and logically explained. Better it will be, if there is any indicator or combination of indicators also mentioned to help monitoring the trend after identifying. Hope u would oblige.
Monitor divergences on momentum oscillators.
Thank you for your efforts, we're looking forward to watching the advanced wyckoff theory
More to come!
Thanks man I am practicing now, great video 🎉🔥
Keep it up👍
This was a very simple video. very easy to grasp😍
👍
brilliant content man🔥🔥..would love if u can make videos on how to apply it on intraday and swing basis. i knew these concepts and currently working on using on intraday basis with the overall price action
Noted!
Very illuminating video, simple and lucid explanations.
Appreciate that!
You make things so easy to understand you are great 👍🏻
Happy to hear that!
Fantastic video, I’m Waiting to dig deeper in this topic
More to come!
GURUJI you are Best TEACHER.......
You're too kind!
Through out the video which time frame are u talking about? Or is it independent?
Mostly higher time frames.
Thank You so much for valuable insights 🙏
Great video! The examples are really helpful.
Glad to hear that!👍
If you could Please do more videos on Wyckoff theory that would be awesome.Thank you 🙏
Very soon 👍
Excelent video. I'm expecting your advance Wykoff Method video. Many thanks.
Coming soon!
Brilliant!!! Thank you. Looking forward to the advanced Wyckoff video
Coming soon!👍
Very well done. Best Wyckoff explanation.
Many thanks!
Another great video. Please How can we get volume in Forex? I heard it is not possible in real time
You can use OBV on Forex, instead of classic volume.
Writing comments just to increase engagement on your channel for its growth. BTW it was a awesome video.
Legend! Thanks for that!
Is this method suitable for scalping/ day trading? Or is it mostly for swing trading?
It works on lower time frames. If you pay attention to volume, you're good to go.
@@TheSecretMindset thanks!
So can we look at Distribution and Accumulation on a 15 min chart like this video, or do we look on the Daily or does it even matter? Thanks.
Now see 1 hour in video
Great video, this is true to form and well spoken.
👍
i learned a lot from this channel....thank you...
Glad to hear that!👍
Thank you for this content. More power
Amazing way you explained. You made it easy to understand, thank you my kind bro. Yes Please can you make one video about Wyckoff more deep.
Thank You 😊✌
Sure thing!
@@TheSecretMindset Thank you so much my kind bro 🤗
your vieos are the most useful videos for me.. thanks a lot
So nice of you👍
NICE INSIGHTS .... THANKS
What volume indicator do you use for Forex trading?
Volume spread for VSA
@@TheSecretMindset thank you so much for replying. I greatly appreciate the time, effort and excellence you put into your videos. Blessings!
Thank You for this valuable information hope you will bring another strategies.
More to come!
Best video explaining wf method, simple and excellent 👌 ready for more … thanks for this amazing work
Thanks a ton👍
Pls make videos on advance wyckoff trading
Thank you so much 💕
Noted👍
Sometimes there is accumulation and continuation instead of reversals, this happens quite often especially when there is a news event related to the instrument you are trading.
👍re-accumulation, yes
The strategy works on every stock/forex/index?
👍
Thank you sir very simply explained very useful and educational video
You are welcome
You get us rich from this. Thanks!
👍
What time frame do you recommend to analyze accumulation and distribution. Also, do you recommend using another sma number or only use 50 sma?
H4 is a good start. Of course, you can use other common MA (100, 200)
VERY WELL MENTORED . THANKS
Great explanation!
Congratulations for such amasing and detailed explanation 👏 👍
👍
What great learning video sir, thanks for providing such great knowledge. Big salute to you sir
👍
I so needed to hear this right now, thank you. 🙏
Glad it was helpful!
Hey thank you for the information , I wanted to ask if maybe you can make videos about nas100 and us30 and gold
👍
wonderful thankful for your videos
Actually a really good video..Thanks very much.
Glad it was helpful!
It actually was..Really appreciate it. Cheers
Melhor Professor 😎😎
Best teacher 😎😎
Thanks a lot :D!
notification gang! Thanks TSM!
Legend!
That Exxon chart at the end looked iffy. For identifying higher/lower volume are you just looking at the tops of volume spikes? Or are you looking at those tops of vol spikes only when the volume is otherwise consistent?
Great information bro. Awaiting for more videos
More to come!
@@TheSecretMindset thanks
The Wyckoff method is an advanced trading strategy but if you're starting you sure can give it a try, just practice it a lot until you know it is like the back of your hand.
Thanks for your help
👍
Hello great video and explanation! Many thanks! Can I ask what indicator you used at the bottom of the screen for volume and does the colour of that bar - red or green - for that indicator mean anything or is it all about the height? Thanks for your help 👍
It's standard volume indicator on Tradingview, Green=bullish volume, Red=bearish volume.
@@TheSecretMindset thank you! 😊
Does this work with any chart or just the yearly chart?
Any chart, but higher time frames are more accurate.
@@TheSecretMindset thx
Great and informative video sir. More please 🙂🙂💲💚
More to come!👍
Such a great video. thank you so much for putting this together and making it so easy to understand !
Thank you too!
Liked and sub, love your content as always up for more trading knowledge looking forward to.
👍 Thanks and welcome!
Does Wyckoff method works in Cryptocurrency Trading?
Yes
extremally mind blowing
Really well done ... both subject matter and illustration of concept. I recently studied Accumulation and Distribution relative to swing trading - seemed like longer timeframes. Can you use the Distribution and Accumulation analysis for short term trading? And does it work with HI-VOL momentum stocks?
You can use the concept for day trading, yes.
@@TheSecretMindset Thank you for the reply ... actually studying the Acc/Distr indicator on Think or Swim now.
tanks for this video
you are best
You are freaking awesome. Thx!!
Glad it helped!