October 2018 Special: Projecting Point-and-Figure Price Targets Across Multiple Time Frames
Among Richard Wyckoff’s many contributions to technical analysis is a unique method of estimating price targets using his Law of “Cause and Effect,” in which the horizontal Point and Figure (P&F) count in any trading range represents the Cause and the subsequent trending price movement the Effect. Like many other phenomena in trading, Wyckoff’s Second Law is fractal, and can be profitably deployed in any time frame.
Starting October 4th, Bruce Fraser and Roman Bogomazov will explore this topic in exciting detail in a three-webinar series — Projecting Point-and-Figure Price Targets Across Multiple Time Frames. Those of you who have seen any of Bruce’s Point-and-Figure (P&F) analyses in our weekly Wyckoff Market Discussion or other venues know how, properly done, this technique can identify future price objectives with uncanny accuracy.
Bruce and Roman have conducted several online P&F courses in the past four years. P&F Part I: Setting Price Targets Using Wyckoff Point-and-Figure Projections, is available for purchase here. Part I includes foundational instruction on, among other things, “How to construct a Wyckoff-style P&F chart,” “Basic Wyckoff P&F count guidelines,” and “Using P&F counts in conjunction with bar charts to help time trade entries.”
We are excited to present P&F Part II as our upcoming October Special! This course is based on entirely new material: we will be teaching several of our advanced refinements of this methodology, including some that we have never presented before. Traders who have attended or purchased Part I will gain new practical insights as well as a deeper understanding of this technique.
Here are some of the things we’ll cover in Part II:
Each session will be devoted to a specific time frame (long-term campaigns [months to years], swing trades [weeks to months] and intraday [hours to days]).
We’ll start every case study with a blank P&F chart and then, as the chart unfolds over time, show you our step-by-step process for taking and projecting horizontal counts.
We will cover -- for the first time -- how to analyze the directional bias of a trading range based on P&F analysis alone, as well as how to enhance the quality of your P&F analysis by incorporating trading volume.
As we introduce new concepts through the case studies, we’ll also revisit the fundamentals of P&F horizontal counting, including how to:
Create and annotate Wyckoff-style P&F charts
Correctly identify the count line in a variety of trading range configurations
Designate P&F phases sequentially and project price targets from each
Anticipate the resumption of a trend based on confirming counts of re-accumulation and re-distribution trading ranges
Manage trades once price approaches P&F-based price targets
There is no prerequisite for Part II: Projecting Point-and-Figure Price Targets Across Multiple Time Frames, but we highly recommend that you start your P&F education with the on-demand P&F Part I: Setting Price Targets Using Wyckoff Point-and-Figure Projections.
And remember, all of Part II will be recorded and posted on a password-protected page for one full year, in case you can't be online during one or more sessions. In addition, all participants will receive a pdf file of the slides used in the presentations.
Dates: October 4, 11 and 18; 3:00 - 5:00 p.m. (PDT)
**It’s not too late to sign up for this course! If you register now, you will receive access to the October 4th and 11th session recordings, so you’ll have plenty of time to review them before the next webinar (October 18th)!
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 email@example.com .
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 a trader and educator specializing in the Wyckoff Method of trading and investing, which he has taught for the last five years as an Adjunct Professor at Golden Gate University in San Francisco. 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".