Product Catalog The Complete Guide Free Materials Tools for Trading
join-popup-image

Receive all the latest news from Wyckoff Analytics! Weekly notifications about upcoming events, as well as market updates, newly posted articles and videos, delivered straight to your inbox.


By submitting this form, you are consenting to receive marketing emails from: Wyckoff Associates, LLC, 5432 Geary Blvd, #292, San Francisco, CA, 94121, http://wyckoffanalytics.com. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Wyckoff Analytics is committed to protecting your privacy. We do not sell, lease or otherwise provide your personal information to anyone, ever. You can unsubscribe at any time from this list.

Henry O. Pruden Certificate
of Proficiency in the Wyckoff Method
Please complete the information below
And let us know what classes you have taken:
5 MANDATORY COURSES
3 ELECTIVE COURSES
Wyckoff Market Discussion (3+ months) - Use Once
Wyckoff Market Discussion (3+ months) - Use Once
A Detailed Look Into Springboards
Back-Testing/Validating Trading Plan (2017)
Beyond Springs And Upthrusts
High-Probability Wyckoff Trade Set-Ups
Improving Your Wyckoff Swing Trading Results
Intraday Trading Using The Wyckoff Method
Long-Term Campaigns and Tactical Swing Trades
Momentum, Volume And Price Structure
Point-and-Figure Part III
Practices For Successful Trading
Scan For Success Part 1
Scan For Success Part 2
Swing Trading Using The Wyckoff Method
Trading Technical Analysis Signals
Trust the Process (2019)
Upgrading Your Trading Plan (2018)
Wyckoff Market Discussion (3+ months) - Use Once
Wyckoff Market Discussion (3+ months) - Use Once
A Detailed Look Into Springboards
Back-Testing/Validating Trading Plan (2017)
Beyond Springs And Upthrusts
High-Probability Wyckoff Trade Set-Ups
Improving Your Wyckoff Swing Trading Results
Intraday Trading Using The Wyckoff Method
Long-Term Campaigns and Tactical Swing Trades
Momentum, Volume And Price Structure
Point-and-Figure Part III
Practices For Successful Trading
Scan For Success Part 1
Scan For Success Part 2
Swing Trading Using The Wyckoff Method
Trading Technical Analysis Signals
Trust the Process (2019)
Upgrading Your Trading Plan (2018)
Wyckoff Market Discussion (3+ months) - Use Once
Wyckoff Market Discussion (3+ months) - Use Once
A Detailed Look Into Springboards
Back-Testing/Validating Trading Plan (2017)
Beyond Springs And Upthrusts
High-Probability Wyckoff Trade Set-Ups
Improving Your Wyckoff Swing Trading Results
Intraday Trading Using The Wyckoff Method
Long-Term Campaigns and Tactical Swing Trades
Momentum, Volume And Price Structure
Point-and-Figure Part III
Practices For Successful Trading
Scan For Success Part 1
Scan For Success Part 2
Swing Trading Using The Wyckoff Method
Trading Technical Analysis Signals
Trust the Process (2019)
Upgrading Your Trading Plan (2018)
SUCCESS
Your information has been submitted

DISCUSS YOUR CHARTS, ANALYSIS AND TRADING

Be an active member of Wyckoff Nation! Post your chart analysis – past, present or future trades; or post about trading setups or process in general. Discuss Wyckoff related questions with your peers. Make a post and engage with your fellow Wyckoffians!!

  • You must be logged in to reply to this topic.
Viewing 20 reply threads
  • Author
    Replies
    • #5905
      lhomchick
      Participant

      • #5936
        perdurecapital
        Participant

        I have been campaigning this peer of NAT since Dec 2018.  The reaccumulation off the throwback has been very strong with higher highs/lows showing strength and absorption at higher levels.  Best of Luck.

        • #5944
          lhomchick
          Participant

          Awesome, thanks for the input!

      • #5932
        perdurecapital
        Participant

        I’ve been using an equal weight index of US listed Dirty and Clean Tankers as my proxy for the tanker markets.

        • #5939
          Frantz Herr
          Moderator

          Nice work, thanks for posting!

      • #5920
        skoutasg
        Participant

        lhomchick:  Thank you for your reply and explanation.  Keep on trucking!

      • #5910
        skoutasg
        Participant

        Attached is a 30 minutes chart.  Noted is at least 2-waves of redistribution by the COs’.  Looks like a third wave is in process as the top range looks similar to distribution, a characteristic of another redistribution in process.?  Would be nice to know the author’s target price based on either Wyckoffian logic or some other method?

        Attachments:
        • #5916
          lhomchick
          Participant

          I was interpreting the short term action as a MSOS, with a possible BU into 3.20-3.70 area. I suppose the redistribution scenario could fit with the BU reaction scenario.

          I did a couple P&F counts, one with a target of $6.60, which makes sense as a prior level of support turned to resistance during the downtrend. If I enter a position I would be monitoring the price action at previous points of supply from the prior downtrend.

          I’m always interested in feedback on my thought process.

           

          Attachments:
          • #5934
            perdurecapital
            Participant

            I also get confirming counts to 6.40 – 6.60 area for NAT.  The overall picture for the sector is quite good.  Suezmax rates hit 90k today, very good for NAT.

          • #5921
            eranajo
            Participant

            looks great

            thanks for sharing

            Eran

      • #5908
        Frantz Herr
        Moderator

        I like your analysis.  One caveat, note the tendency of price to retest (so far) the wide spread up bars across the range.  Risk management of paramount importance as always…

         

    • #5861
      lhomchick
      Participant

      Any feedback on this annotated chart, and how it can be interpreted in the context of the market?

      • #5864
        skoutasg
        Participant

        $DJI:  This morning’s snapshot may show a UT, a reversal in the offing?  A redistribution prior to further move down?

         

        Attachments:
      • #5863
        Frantz Herr
        Moderator

        Thanks for posting!  It makes sense to use AAPL as a market proxy

    • #5854
      Frantz Herr
      Moderator

      • #5862
        Frantz Herr
        Moderator

        • #5867
          Craig
          Participant

          Frantz,

          Thank you for your incite!  I would be inclined to say this is a Phase |C| UT to be followed by a dropback into a Phase |D| Trading Range?

          Market is very strange today  … have you looked at Stockcharts Industry Summary?  Winning sectors just don’t seem logical.  Could we be seeing some kind of artificial boosting of the market?

          BTW, I wish to thank you for your “Lessons from Trading (Mistakes) Blog.  They are well documented examples that even I can follow and hopefully understand.

          Cheers,

          Craig Moore

          • #5871
            Frantz Herr
            Moderator

            Thanks Craig.  What if I add trend lines? 

            • #5872
              Craig
              Participant

              Frantz,

               

              Thank you for your quick response.  Your Trend lines seriously make the Climactic high an anomalous  overthrow event.  I still  lack confidence to step in and short the apparent secondary high, but I would certainly agree that a drop back is expected.  These are truly exciting & challenging times at present!  I think I am currently in the stop, look & listen mode.  Hopefully the market will not go off and leave me in the dust. 🙂

               

              Cheers,

               

              Craig

            • #5881
              HumbleTrader
              Participant

              Hi Frantz,

              Your chart was incredible. I don’t trade the GC1! – Comex as I’m living in Viet Nam. I’m trading XAUUSD by OANDA and there is huge different between the 2 charts

              Here’s mine

              As you can see, I don’t have that climatic over throw to 1700, instead, due to the lack of liquidity, price can only make it to 1640 and now running into a Trading Range as show in my chart. I’m planning to hold on to my position here and wait for more SOW before decide to close these for new position. What do you think?

            • #5882
              Frantz Herr
              Moderator

              Hi HT!  Nice chart, different in some respects, but the break of the uptrend line that you have labeled as a ChoBe is a commonality.  I like your analysis and I agree with your TR conclusion in this time frame.  Phase |B| can be tricky as you know!  Your entries look good; what was your intention when you entered the trade?  Let that be your compass…

            • #5893
              HumbleTrader
              Participant

              It took me a while to go into a conclusion that Gold under going a selling climax. So after a Climax, there should be an auto rally. I’m not trying to catch the bottom, instead, I’m waiting for a HL and HH. As you can see in the chart, a strong rally labeled UTA – minor SOS with long spread and rising volume signature that result in quite a lot of candle close above the Trading Range. Then price going down very struggle, also the volume decreasing when price go near the lower band.

              I has closed these two positions as price touch the upper band and going down yesterday. It does look like we will soon have a reversal at the end of the Auto Rally.

            • #5875
              Frantz Herr
              Moderator

            • #5909
              Frantz Herr
              Moderator

    • #5847
      Frantz Herr
      Moderator

      Just finished my weekly market conditions review.  Spring is here, so I was looking for some green shoots.  I actually found a few!

      1)  This one is just an indication of how oversold things are right now:

      The S&P 500 closed Friday 24.2% BELOW its 200dma; the Dow Industrials were 29.2% BELOW; the NASDAQ comp was 18.2% BELOW.  Extreme…

       

      • #5848
        Frantz Herr
        Moderator

        2) Sentiment is incredibly bearish:

        The 10dma of the US Equity put/call ratio closed Friday at .982 (highest in recorded history of this indicator!); the CNN Fear and Greed Index ended the week at 8 (four straight weeks at the level of Extreme Fear); the BofA Bull-Bear Indicator was .4 this week (below 2 is a a Buy signal).  Lots of people on the same side of the boat.

        • #5849
          Frantz Herr
          Moderator

          3) For the first time since late December, NASDAQ composite market internals had a positive divergence from price:

          The COMP had a new daily closing low, while its Bullish Percentage Indicator had a higher low and failed to confirm:

          • #5850
            Frantz Herr
            Moderator

            4) Small stocks have been the market’s door mat since mid 2018.  One week doesn’t change a trend, but they showed some signs of life on a relative basis last week:

             

            • #5851
              Frantz Herr
              Moderator

              One final observation just based on personal experience working as a financial advisor and living through 1987 (black Monday), 1989 (S&L crisis), 1991 (Iraq war), 2000 (tech wreck), and 2008 (global financial crisis), and a few others.  There is always a reason to believe the causal event is going to end the world as we know it, and that seems to again be the case at present – but bad times don’t last (good times aren’t permanent either); so I’m staying optimistic and reminding myself of Sir John Templeton’s remark that the four most dangerous words in investing are “this time it’s different.”

    • #5776
      Frantz Herr
      Moderator

      Watching small cap stocks for signs of reversal in deteriorating RS as a green shoot.  S&P 500 currently strongest versus Dow Jones US Total Stock Market index, followed by NASDAQ.

      Individual index RS versus Total US Stock Market

      • #5808
        eranajo
        Participant

        thanks Frantz

        looks interesting

         

    • #5707
      Frantz Herr
      Moderator

      • #5730
        larry aldrich
        Participant

        MDLZ Analysis:  This currently shows what is known as a High Pole Top in p/f lingo..this could easily form into a retrenchment down to the low 40’s and should be monitored with caution. Should reversal occur to 61, it would be a speculative long candidate.

        Attachments:
        • #5737
          eranajo
          Participant

          look nice, will see if it will handle the drops of the market and will keep the reaccumulation form

      • #5714
        skoutasg
        Participant

        My rendition on a weekly chart.  Good move up after reaccumulation.  Sell off halting all future advances.

        Attachments:
        • #5716
          eranajo
          Participant

          thanks Frantz for posting my chart i hope it will solve soon

          even the massive down move of today market

          it looks like it still inside the Daily Accumulation Range

           

      • #5711
        Alessio Rutigliano
        Moderator

        I love this chart, Frantz!

        • #5718
          eranajo
          Participant

          thanks Alessio

        • #5712
          Frantz Herr
          Moderator

          It’s eranajo’s chart; he was having trouble posting it so I did it for him.  Credit where credit is due!

    • #5705
      aBuzz
      Participant

      Here’s my weekend work on SPY. Last week the COs stabilized market with a productive day Friday pushing back into previous TR and turning resistance into support. Any break of that support would likely bring the 2016 demand line into play. If we are not over run with covid-19 news, the market may have a productive week.

      Comments welcome.

      Attachments:
    • #5662
      HumbleTrader
      Participant

      Hi, I’m being confused with the entry on phase |E| – when everything seem to confirm phase |E|. Please kindly look at my chart below

       

      My question is:

      – If I’m going to entry with the Breakout Candle, then where should I place my Stoploss?

      – What should we do when there is less volume when price breakout the upper channel when there was emerging demand right on the lower channel? We can call in less supply, but sometime less supply lead to a false breakout.

      Thanks

      • #5666
        rotageht
        Participant

        – What should we do when there is less volume when price breakout the upper channel when there was emerging demand right on the lower channel? We can call in less supply, but sometime less supply lead to a false breakout.
        If I am interpreting the question correctly, you are asking what to do when price breaks resistance in a horizontal parallel channel on less volume than the volume that lifted price off support in a horizontal parallel channel. When this happens, you can use Volume Spread Analysis to help determine if it is a false breakout. Then look for the confirmation of what the VSA is telling you at the higher price level. This is just what I do. I am sure there are other ways to view breakouts of channels that others can share.
        I was just watching a WTC video from the course I took and it was explained that when price travels in the up trending manner on a decreasing volume signature, supply is locked up.
        Best of luck building your system!

        • #5669
          HumbleTrader
          Participant

          Thanks, I’ll try that in the next try.

      • #5663
        Frantz Herr
        Moderator

        Thanks for posting!   The purpose of this forum is to encourage discussion. Here are a few thoughts that I have; maybe others will comment as well

        What is occurring in the higher time frames?  In my experience a one hour chart can help with trade entry if the bias, timing and character is confirmed by the bigger picture.

        Just relying on what is revealed by this chart, the price behavior after the reversal S-bar late in the day on the 28th looks like local absorption.  In my opinion, if I had entered on the bar you are asking about, I would have put my initial stop around 1301 and would have already trailed it to just below the low of the second to last bar on the chart.  Not investment advice.

        The amount of Demand increased on the last three bars and it was enough to allow price to commit higher.  Local Supply appears to have been absorbed.  Effort and Result are in synch for now in this time frame.

        Perhaps you would consider submitting your trade (after it is completed) to Roman to discuss in ‘Anatomy of a Trade’?  Thanks again for posting!

        • #5665
          HumbleTrader
          Participant

          Thanks for your reply, this is one of my confusing time when I paper trading to build my system. The hardest time come to me when I see volume decrease gradually like the chart above but price still keep going higher.

          I thought that if volume is decreasing, then the up/down move should end very soon. But in most case, it just don’t go that way. In the chart above, I realise the bullish feather like activity, but why the breakout volume is low when the recent S-bar that lead to these movement is in high volume (High volume also mean emerging supply), where are those seller? And do we really need a high volume breakout? Or it just need to be relatively high compare to a few candles before?

           

          Thanks

    • #5640
      Peter Kenny
      Participant

      Crypto Carnage! Eventful day to put it mildly.

      It has been difficult to identify correct Distribution ( or, is it Re-Accumulation?) structure for BTC in part because of the preceding Price Action.

      I think I have it now but would appreciate anyone chipping in. Interestingly the PnF count is accurate.

      Why didn’t I see this sooner   Arrggghh!

       

      Peter

      Attachments:
      • #5643
        Frantz Herr
        Moderator

        Peter, great to see you on here!  You might also try this same post on the ‘Crypto and Wyckoff’ topic threads in the forums, maybe our resident crypto moderator Alessio has some thoughts?  Worth a try…  Frantz

        • #5653
          Peter Kenny
          Participant

          Will do!

    • #5630
      插口
      Participant

      Long-term bias and short-term bias?

      • #5638
        Peter Kenny
        Participant

        eeehhhhh. How do I post a question here? Am I being stupid?

        • #5639
          Peter Kenny
          Participant

          Got it!!!! Right at the end on Page 2 “New Post”

          • #5642
            插口
            Participant

            Yes,sir,wonderful!

Viewing 20 reply threads