@@MMFrommelt thanks for following up. I'm case it could be helpful, I use a software that's very helpful for futures trading to identify professional activity. I actually may recall seeing your name on his page, but I recently found a second guy who has a similar set of indicators. I have emini-watch's "better indicators," and I recently found a similar thing but haven't bought them, eminiedge. Which contracts do you trade with 150? I know I sound like a newbie being so verbose here but I'm new to daytrading and still tweaking my trading setup.
please define the breakouts and testing the consolidating range , i face difficulty sometimes in breakouts and testing , i would be thankful for the knowledge
Do you only buy when it fulfills all the criterias? For example, the market is on the downtrend now so the market direction will be bearish. Does it mean we only look to short weak stocks? Thanks.
John, really good question. You can trade counter to the main market trend, but I usually do NOT advise it as a strategy to beginner and intermediate traders. You have to be more skillful in understanding what selection you'd be making and how you'd execute your strategy.
Hi thanks for this video, really appreciate the info put out. can you please tell me how to trade in the shadow of the institutional traders and banks? i seem to be losing. i really dont understand, when huge red selling and candles happen,i do see small green volumes with small green candles appearing, i mean who is buying? when price is declining rapidly? Thanks. :)
It's less useful since forex usually is better traded by buying the bottoms of Wyckoff accumulation, whereas you can buy Wyckoff breakouts easier in stocks since the lower liquidity lets them continue their breakouts.
This guy obviously knows his stuff, but he too quickly brushed over the question I had, which he also recognised most people have too: why is the price rising on falling volume? In volume price (spread) analysis, which I understood to be based on Wyckoff, this would be seen as an anomaly. Can anybody clarify this for me?
Hello downtownCAIRO. Sorry if I had to rush a bit answering your question - I was pressed with 30 mins time limit for a presentation. The rising prices with falling volume is a function of absorption of Supply. When Supply has been mostly absorbed by institutional players, a little Demand can push the prices up. This concept is definitely a part of the Wyckoff Method. We discuss it in details in our Supply/Demand classes. Let me know if you have any further questions by emailing me at wyckoffassociates@gmail.com. Regards, Roman
really appreciate the feedback Roman. I'll follow you up on that email. Does this principle work in all timeframes, and would you say once supply has been absorbed its still a sign of weakness to come, as institutional money will be now looking to offload supply in a distribution phase?
My observation is that it works better on a higher time frames (daily, weekly, monthly). After such Supply dry up and advances in price, a SOW could potentially have two interpretations - a change of character as a change from trending environment to non-trending (this is an element of Re-Accumulation), or a presence of institutional Supply with further price deterioration which indicates a potential Distribution. Hope this helps. Roman
Less so for forex. You can buy the bottom of a Wyckoff pattern in forex but you can also buy breakouts in stocks. Easier to buy Wyckoff breakouts in stocks.
This looks good when you analyse
historical data, however i would love to see a live trading session.
I use this method on intraday charts as low as 150 tick charts and it works just fine :-)
Do you use 150 tick charts for stocks or futures?
I trade futures and now want to experiment with stocks and don't know ideal settings to use.
@@morehn I only trade futures
@@MMFrommelt thanks for following up.
I'm case it could be helpful, I use a software that's very helpful for futures trading to identify professional activity.
I actually may recall seeing your name on his page, but I recently found a second guy who has a similar set of indicators.
I have emini-watch's "better indicators," and I recently found a similar thing but haven't bought them, eminiedge.
Which contracts do you trade with 150?
I know I sound like a newbie being so verbose here but I'm new to daytrading and still tweaking my trading setup.
@@morehn Well I don't use tick charts anymore. My trigger chart is now 15 sec
@@morehn The indicators I use are from MBox wave
watching at 2021.. great content
I wonder why someone would dislike this
please define the breakouts and testing the consolidating range , i face difficulty sometimes in breakouts and testing , i would be thankful for the knowledge
Testing is when resistance becomes support
How do use Relative strength on currency pairs? Does RS work on forex?
very very good!! love it
Do you only buy when it fulfills all the criterias? For example, the market is on the downtrend now so the market direction will be bearish. Does it mean we only look to short weak stocks? Thanks.
John, really good question. You can trade counter to the main market trend, but I usually do NOT advise it as a strategy to beginner and intermediate traders. You have to be more skillful in understanding what selection you'd be making and how you'd execute your strategy.
john lim YES!
do you mean, high volume spike means increased supply ?
If it's beginning an uptrend, that's increased demand.
Hi thanks for this video, really appreciate the info put out. can you please tell me how to trade in the shadow of the institutional traders and banks? i seem to be losing. i really dont understand, when huge red selling and candles happen,i do see small green volumes with small green candles appearing, i mean who is buying? when price is declining rapidly? Thanks. :)
Look up VSA, volume spread analysis. That's a subcategory of Wyckoff analysis that addresses the bars and volume relationship.
appreciate great video useful for forex traders too thank you
It's less useful since forex usually is better traded by buying the bottoms of Wyckoff accumulation, whereas you can buy Wyckoff breakouts easier in stocks since the lower liquidity lets them continue their breakouts.
This guy obviously knows his stuff, but he too quickly brushed over the question I had, which he also recognised most people have too: why is the price rising on falling volume? In volume price (spread) analysis, which I understood to be based on Wyckoff, this would be seen as an anomaly. Can anybody clarify this for me?
Hello downtownCAIRO. Sorry if I had to rush a bit answering your question - I was pressed with 30 mins time limit for a presentation. The rising prices with falling volume is a function of absorption of Supply. When Supply has been mostly absorbed by institutional players, a little Demand can push the prices up. This concept is definitely a part of the Wyckoff Method. We discuss it in details in our Supply/Demand classes. Let me know if you have any further questions by emailing me at wyckoffassociates@gmail.com. Regards, Roman
really appreciate the feedback Roman. I'll follow you up on that email. Does this principle work in all timeframes, and would you say once supply has been absorbed its still a sign of weakness to come, as institutional money will be now looking to offload supply in a distribution phase?
My observation is that it works better on a higher time frames (daily, weekly, monthly). After such Supply dry up and advances in price, a SOW could potentially have two interpretations - a change of character as a change from trending environment to non-trending (this is an element of Re-Accumulation), or a presence of institutional Supply with further price deterioration which indicates a potential Distribution. Hope this helps. Roman
@@downtownCAIRO are you a egyptian christian?
djuru84 personal questions in open public Internet forums like this one are a complete taboo and I guess you won’t get an answer
is wyckoff method use for forex and its all timeframes
Yes
Less so for forex. You can buy the bottom of a Wyckoff pattern in forex but you can also buy breakouts in stocks.
Easier to buy Wyckoff breakouts in stocks.
The rise of sales and demand.
This is university study material.
UMM... UM UM LIKE UMMM UM .... AND UMMM... Driving me nuts!
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Gotta be careful with the spelling of that methodology and the way you pronounce it. Don't want to get it wrong. 😉🤣