October 2018 Special: Setting Price Targets Using Wyckoff Point-and-Figure Charts
Legendary trader and educator Richard Wyckoff based his investment decisions primarily on analysis of market structure, supply and demand, and comparative strength. A final, critical component of Wyckoff’s trade selection and management was his unique method of identifying price targets using Point and Figure (P&F) projections.
During three two-hour sessions, Roman Bogomazov and Bruce Fraser, both nationally recognized Wyckoff Method experts, will explore in depth how to use Wyckoff’s P&F methodology to estimate price objectives for both long and short trades. Starting with Wyckoff’s Second law of "Cause and Effect," where the P&F count in a trading range represents the Cause and the subsequent price movement the Effect, Roman and Bruce will cover:
How to construct a Wyckoff-style P&F chart
Basic Wyckoff P&F count guidelines and modern applications
Using P&F charts to decide whether a given trade has a favorable reward-to-risk ratio
P&F Phase Analysis to predict shorter- and longer-term price objectives
Using P&F counts in conjunction with bar charts to help time trade entries and exits, including how to stay with a profitable trade through normal corrective reactions
Numerous P&F case studies of stocks, market indices and futures
All sessions will be recorded and posted on a password-protected page for participants to access and review for one full year. All participants will receive a pdf file of the slides used in the presentations. Note: Webinar links for the October 4th session will be emailed on October 3rd.
Dates: October 4, 11 and 18; 3:00 - 5:00 p.m. (PDT)
Important - PLEASE READ: We will email webinar links and any announcements related to this course to the email address that you have on file with PayPal. If you would prefer to receive all course-related information at a different email address, please let us know as soon as possible by contacting us at firstname.lastname@example.org .
For more information about the Point-and-Figure series, please watch the short introductory video below. (Please note: the video includes the course start date of the 2017 PnF series; this year the course begins on October 4, 2018)
About the presenters:
Roman Bogomazov is an internationally recognized expert and educator on the Wyckoff Method of trading and investing. He is an Adjunct Professor at Golden Gate University in San Francisco, where he has taught the Wyckoff Method together with the late Dr. Henry ("Hank") Pruden and Bruce Fraser. He is also President of Wyckoff Associates, LLC, an enterprise providing online Wyckoff Method education to traders throughout the world (www.wyckoffanalytics.com). Using WyckoffAnalytics.com as a thriving trading community platform, Roman has developed a comprehensive educational curriculum covering basic to advanced Wyckoff concepts and techniques, as well as visual pattern recognition and real-time drills to enhance traders’ skills and confidence. In the last 3 years alone, Roman has conducted over 700 classes and presentations, and has taught collaboratively with many Wyckoff experts and traders. Roman is considered a teaching authority on the Wyckoff Method by traders around the world. A dedicated and passionate Wyckoffian, he has used the Wyckoff Method exclusively for his own trading for the last 20 years. Roman has also served as a Board Member of the International Federation of Technical Analysts and as past president of the Technical Securities Analysts Association of San Francisco.
Bruce Fraser has taught graduate courses in Technical Analysis at Golden Gate University since 1987. Along with the late Dr. Hank Pruden, he developed curriculum for and taught many courses in the Technical Analysis Graduate Certificate Program, including Technical Analysis of Securities, Strategy and Implementation, Business Cycle Analysis and the Wyckoff Method. He has been a devoted Wyckoffian for the past 35 years, using this method as the foundation for his trading and investing. Bruce publishes a popular educational blog at StockCharts.com, entitled "Wyckoff Power Charting".