Product Catalog The Complete Guide
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, https://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
High Probability Wyckoff Trade Setups
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
Scan For Success Part 3
Swing Trading Using The Wyckoff Method
Trading Technical Analysis Signals
Trust the Process
Wyckoff Market Discussion (3+ months) - Use Once
Wyckoff Market Discussion (3+ months) - Use Once
High Probability Wyckoff Trade Setups
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
Scan For Success Part 3
Swing Trading Using The Wyckoff Method
Trading Technical Analysis Signals
Trust the Process
Wyckoff Market Discussion (3+ months) - Use Once
Wyckoff Market Discussion (3+ months) - Use Once
High Probability Wyckoff Trade Setups
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
Scan For Success Part 3
Swing Trading Using The Wyckoff Method
Trading Technical Analysis Signals
Trust the Process
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.
  • This topic has 1,037 replies, 38 voices, and was last updated 2 weeks, 6 days ago by juanmatow.
Viewing 109 reply threads
  • Author
    Replies
    • #9526
      Frantz Herr
      Moderator

      New thread

      • #9553
        skoutasg
        Participant

        FB: Let’s play the bias game with FB. Accumulation or distribution, and why?

        Attachments:
        • #9561
          Kenneth
          Participant

          Agree with Arkad with short term distribution

          Would say needs confirmation as it is looking a little undecided on which way it wants to go to be honest.

          Attachments:
        • #9556
          ArkadiyRezviy
          Participant

          potential distribution/imho

          Attachments:
      • #9550
        Kenneth
        Participant

        Views on CNFR?

        Weekly is starting markup?

        CHoB and CHoCH

        This is another that did not show much negative price reaction from the March Madness dips

        • #9552
          skoutasg
          Participant

          Ken: Agree with your assessment. IMHO, confirmed by the daily chart as well. Buckle up for a wild ride.

      • #9539
        Kenneth
        Participant

        CLRO Accumulation

        Long term Monthly has been distribution with it looking like it is forming a multi-year accumulation base.

        Intermediate Weekly bias is accumulation.

        What I like is the near non existant march madness dip that is everywhere.

        Bars: March madness bars have very little effect with subsequent lows as it only scores a HL. This suggests that strong hands are involved here.

         

        • #9543
          skoutasg
          Participant

          KEN RE CLRO: You nailed it. IMHO, await earnings report on 3/30 for further evaluation.

      • #9532
        skoutasg
        Participant

        CVS: Yes, this much maligned blue chip may be poised to exit its accumulation trading range (TR). Will Smart Money await earnings on 2/16 before it commits to the campaign? IMHO.

        Attachments:
      • #9527
        ArkadiyRezviy
        Participant

        Base Game # EBAY )

        • #9531
          ArkadiyRezviy
          Participant

          distribution/imho

          • #9534
            skoutasg
            Participant

            Arkadiy: Undecided on EBAY. Price just came out of a reaccumulation range on the daily chart. The weekly chart evidences a buying climax (BC) which TR will turn out as another reaccumulation or distribution. Therefore, I’m out for now. IMHO.

            Attachments:
            • #9537
              ArkadiyRezviy
              Participant

              stoutasg,the question is what do we have – re-accumulation or distribution. I am confused by E / R.If you have an effort expressed the result should be in proportion to the effort. If a stock has been moving up every day with a two point spread every day with ten thousand shares and it breaks into the high ground with twenty thousand shares and a half point spread for a couple of days straight we know supply is coming in and is overcoming the demand. This is an effort that is not having an proportionate result, therefore the stock is likely to be in trouble and have a reversal in its movement.Time will put everything in its place

            • #9538
              skoutasg
              Participant

              Arkadiy: Good observation. I’m a long-term investor, not trader, so my bias is always on the weekly chart. IMHO, all trading ranges are manipulations initiated by the Smart Money. The Wyckoff method is a study of these manipulations, IMHO. I am a Wyckoff believer, but I am not wedded to classic Wyckoff. Imagine if today’s chart tools were available to Mr. Wyckoff? At the end of the TR, price can only move up if the Smart Money is accumulating; down if the Smart Money is distributing. Therefore, what is the TR telling us about the “Composite Man’s” intentions should be our focus? My 2-cents.

    • #9503
      Frantz Herr
      Moderator

      New thread

      • #9518
        Kenneth
        Participant

        VTVT Accumulation

        Here is my interpretation of the price action for accumulation.

        VTVT W Acc

        • #9525
          skoutasg
          Participant

          Kenneth/VTVT/ACCUMULATION: Agree

        • #9522
          shhmi9
          Participant

          at present for me it is not good

          big shadow and big volume

          Attachments:
        • #9519
          ArkadiyRezviy
          Participant

          K: it seems to me that more proof is needed.
          Maybe I’m wrong.

          Attachments:
          • #9521
            Kenneth
            Participant

            Agree needs confirmation but it could be ok a small position for a campaign setup.  There is still that area of resistance above marked in the yellow lines as well.

            So maybe starter position in this area marked LPS BUC with SL just below the uptrend line.  Maybe better is wait for SBar here on low volume.

            I just really like the supply line descending there with HH’s and HL’s

            And the two large volume lines at the beginning and the ending of the range there I do not think are that much of a problem because they do not carry any supply with them.  The last one was just a test of the upper TR.

             

            • #9524
              Kenneth
              Participant

              This price action would be very frustrating for me.  Looks like it is finally going to take off and it just does not, weak hands leaving left and right.

    • #9474
      Frantz Herr
      Moderator

      New thread

      • #9484
        martied
        Participant

        My first post of a chart annotation. Thoughts on my interpretation are most welcome!

        • #9566
          martied
          Participant

          Well, I guess there was no interest in my post. But, this is a 1 minute chart of the YM futures. I started annotating 1 minute charts when Roman B posted a video containing a paper trade he was doing using the 1 minute NQ. He went through his thought process and worries during different steps of the trade. I found this interesting. I’ve discovered that you can see a LOT of Wyckoff on a 1 minute chart especially during the European hours. Anyways, I hope somebody finds this helpful!

          • #9567
            Frantz Herr
            Moderator

            Hi martied, thanks for your post!  Price and volume behavior is always interesting regardless the time frame.  Do you trade intraday?

            I don’t trade intraday myself, but I have been through the tape reading sessions Roman did last fall most of which were devoted to the lower time frames.  For his intraday trades I recall him saying he uses the 1 minute interval to define structure after he has analyzed the environment at the higher time frames.  He wants to know whether he’s trading with the higher time frame trend or counter to it, so he develops his strategy off the higher time frames and uses the 1 minute for execution.

            Many of us on the forums are trading during market hours here in the US.  It is cool if you are operating in what are the overnight markets for us.  Please continue to post your charts, the object is for us to learn from one another.

            • #9593
              martied
              Participant

              I’m using the 1 minute so I can see a lot Wyckoff in a short period of time and if watching live my feedback from the market is usually very quick. The 1 minute charts are mostly for learning purposes but I will be doing paper trades to see if my judgement concerning the structures I see are correct as well as getting a feel for the markets. There is nothing better than live markets to learn from! I will look into Roman’s tape reading videos, thx for the info and thx for your feedback!

        • #9486
          skoutasg
          Participant

          M: Can you give us a stock symbol and chart length? Thank you.

          • #9487
            martied
            Participant

            Well, the point is to interpret using only the Wyckoff method as taught by Roman. No symbol, price or chart length should be required. I think I’ll keep it to myself until I have some replies to my interpretation. Thanks!

            • #9497
              Peter Lauterbach
              Participant

              skoutasg: hate to spoil the party, its the Dow Jones mini futures contract – it says it right there in the middle of the chart! maybe I´ll comment on the annotations later.

      • #9481
        ArkadiyRezviy
        Participant

        Good afternoon friends, what do you think about this and what are your opinions on the labeling

        • #9509
          Kenneth
          Participant

          Let me play devils advocate here and definitely just an option to think about.

          Long term my opinion is still distribution.  There was long term support that was broken through easily enough on lesser volume.  This looks to me like it has become resistance that has had three attempts against it and that is where price is sitting right now.

          Short term daily would like to present a distribution pattern.

          So bias opinion for me is distribution long term and short term until there is more evidence.

          • #9515
            ArkadiyRezviy
            Participant

            Sign Of Weakness (SOW): is an action which shows that SUPPLY is in control. The reaction will decline with a widening spread, increased price weakness, and increased volume, evidence of increased and heavy selling, this is BEARISH. The (SOW) is usually proceeded by a T/R. If the T/R was in an uptrend it would have been stopped by the (PSY), (BC), (AR), (ST). The T/R will end, on the far right hand side, it may end its move with a classic (UT) or (UTAD) or it may NOT. It may simply have a (SOW) and a (LPSY) with perhaps lower tops and lower bottoms. Any possible or potential (SOW) must be confirmed, denied or left in doubt by the SUBSEQUENT rally. The critical thing is NOT HOW FAR the stock rallies, the critical thing is HOW it RALLIES. If it rallies with a gradual decrease in demand, evidenced by a narrowing spread and decreased volume, and with a lower top this COMPARATIVE lack of DEMAND would PROVE and CONFIRM that the previous reaction was a (SOW). Thus DO NOT take a speculative position until you see an (UT) or an (UTAD), or where there is no (UT), the first place to take a position is on the (LPSY) after the (SOW) and aim to pyramid with the coming trend.
            P.S.Kenneth,thanks for the kind words for me

        • #9495
          shhmi9
          Participant

          I think accumulation

          Attachments:
          • #9499
            shhmi9
            Participant

            if it accumulation target about 70S

            Attachments:
            • #9501
              ArkadiyRezviy
              Participant

              S9:I think more, plus we have two segments to count. Given that small-cap stocks are stronger than large-cap stocks, this might be a good game. Maybe.

            • #9502
              ArkadiyRezviy
              Participant

              *stronger at the moment.

            • #9504
              shhmi9
              Participant

              yes 70 minimal

        • #9488
          skoutasg
          Participant

          AR: Nice call identifying the selling climax (SC) using volume. Looks like an accumulation trading range. May breakout on this leg. If so, await test before entering?

          • #9491
            ArkadiyRezviy
            Participant

            *skoutasg

          • #9489
            ArkadiyRezviy
            Participant

            Stutags,thanks. i think the entry time was on friday using stop below 32 imho

            • #9492
              skoutasg
              Participant

              AR: No problem with the move. I think you called it correctly. Best case, it could take a leg down before completing the accumulation, then breakout? Worst case, it flips to redistribution from here? Only the Master’s of the Universe know for sure. Happy trading.

            • #9493
              ArkadiyRezviy
              Participant

              Thanks again, I just don’t know English well, that’s why I’m laconic

            • #9512
              Kenneth
              Participant

              Price action is multi culture, no words necessary.  Love seeing your charts as they speak way more than anything.

    • #9449
      Frantz Herr
      Moderator

      New thread

      • #9459
        shhmi9
        Participant

        Ebay. Is it good signal tp buy? Target 85-100$

        Attachments:
        • #9468
          skoutasg
          Participant

          S9/EBAY: IMHO, agree good entry point as price has broken the most recent reaccumulation TR. Happy trading.

        • #9462
          Peter Lauterbach
          Participant

          Dzien dobry :), it looks like an upthrust after distribution, at least wait for a backup. There was no buying climax at the beginning of the trading rage. Should have bought during grudzien 15 and afterwards …

          • #9471
            Kenneth
            Participant

            Am seeing Distribution as well.  As Peter mentions it was better buying during December.

            Attachments:
          • #9470
            shhmi9
            Participant

            hey z Polski jestes?

            • #9473
              Peter Lauterbach
              Participant

              nie, ale moja dziewczyna jest Polska

            • #9478
              shhmi9
              Participant

              jak mnie rozpoznałeś?

              Napisałeś dzień dobry

            • #9498
              Peter Lauterbach
              Participant

              your charts have labels in polish so that was easy …:)

            • #9513
              shhmi9
              Participant

              ta proste to było

              nie umiem dobrze angielskiego ale czy zrozumiałem ze jakąs ksiązke napisałes?

      • #9455
        Peter Lauterbach
        Participant

        1. British Pound spring yesterday, wait for test;

        2. Natural Gas classic Wyckoff action – see chart. Annotations on the figure and weekly chart are automatically transferred from the daily which sometimes is a little confusing.

        • #9457
          Frantz Herr
          Moderator

          Peter, I’m curious about your natty trade management?

          • #9458
            Peter Lauterbach
            Participant

            Frantz, I trade mainly futures based on wyckoff. No indicators or candle charts, just basic OHLC and volume. My trade management is based on position sizing and risk no more than 1 % to 2 %. Mentors were Hank (RIP) who became a good friend and van Tharp as to position sizing. Hank actually asked me to include a soybean trade in his book which I had published live.

            I dont day trade, unless I get stopped out immediately, otherwise I follow thru as much as I can take emotionally – as you know which is a strain on your psyche sometimes –

            Today I bought the (potential) spring in 30 year bonds ZB and went short corn ZC.

            As stocks are concerned I see an UTAD on AMZN.

            But I dont trade a lot, but wait for high conviction trades.

            • #9479
              skoutasg
              Participant

              Peter//ZB: Respectfully, are you looking to enter a short-term trade as you indicate you bought? IMHO looks like distribution. I concur with your comments on AMZN (UTAD = distribution) and short /ZC (BC). By your post, I’m assuming you did not mind comments?

              Attachments:
            • #9475
              Frantz Herr
              Moderator

              Peter, respect!  You remind me of Stanley Kroll.  It is very cool that you were friends with Hank Pruden, and I can tell that risk management is first and foremost in your executions.  I was wondering about your preferred setups, although looking at the charts of the trades you mentioned gives me a clue.  I love your approach of waiting for high conviction trades, did you have to learn to be patient or does it come naturally?  Thanks!

            • #9476
              Peter Lauterbach
              Participant

              Frantz: thanks for your interest, I am happy to answer any questions because at this time I am home/office bound, cant travel and have concentrated on my trading with plenty of time.

              For me, patience and restraint are the key to paradise. Fomo and its cousin – not pulling the trigger – are the road to perdition. To safely navigate between these two opposing fields is the challenge and KISS.

              To stay the course, for the former I use the basic Wyckoff methodology, waiting for ending actions. Important here is position sizing. I have a basic size I go into every trade and double up quickly as soon as the trade works out (in accordance with Wyckoff principles). When early and my conviction is not so high I go in with half the contracts. Example the T-bond trade I put on Friday, here I went in half size because the spring was not completed yet, and, therefore potential only.
              Also, in groups that are strongly correlated, like grains, I start with just one group member before expanding. Example my corn trade Friday, I intend to add soybeans only after the corn trade has worked out.

              To overcome the latter, Hank told me this story about WWII british pilots using a statue to overcome stage fever before a mission which they placed on a spot high up in their quarters where everyone could see it. So most of the time the statue was facing the wall, but when a mission was imminent, they turned it around facing the crews. Silly, but when everyone saw it facing them they lost their fear and proceeded!

              To apply this principle I use a little wooden buddha (see pic) which I put on my trade sheet containing potential trades in front of my trading monitor: when trades are in stalking phase, the buddha faces me and I will not hesitate. It also keeps me from straying away into emotional trades or trades I didn’t plan thoroughly. It actually works!

              BTW, which Merrill Lynch office did you work out of? Long time ago, I had a contractual arrangement with Merrill out of NYC.

            • #9558
              Frantz Herr
              Moderator

              Hi Peter, thanks for the reply and sorry for my delayed answer; life sometimes intervenes…

              I believe you have identified two of the major pitfalls I routinely face: FOMO and not pulling the trigger.  I am currently watching a Mark Douglas workshop on YouTube.  It’s all about execution.  I can be highly proficient at Wyckoffian analysis and fail miserably if I am unable to execute when it is giving me an edge.  I love your Hank WW II story and your Buddha adaptation!  I use something a little different but it keeps me between the ditches.

              I haven’t always paid heed to money management, and most of the time I got away with it.  Unfortunately for me, in 2012 I got killed in precious metals mining stocks and learned my lesson and it won’t happen again.

              Thanks for the screen shot of your work area.  I see the KISS principle at work.

              I started at Merrill in 1985 in my home town of Lancaster, PA after leaving a previous career as a road warrior.  Charlie Merrill brought Wall Street to Main Street and it was a great company and culture.  Unfortunately, Stanley O’Neal and a consenting board of directors destroyed the franchise.  Still, it was the best job ever invented for a while, and I built lifelong relationships with many great people during my 32 year career.

              Thanks again for your feedback.

               

    • #9433
      Frantz Herr
      Moderator

      New thread

      • #9439
        skoutasg
        Participant

        SPY/ALERT: This ETF on daily chart is now under distribution, IMHO. Comments?

        Attachments:
        • #9444
          Curt Miller
          Participant

          To me it’s still too early to call it distribution.  There appears to be a change of behavior accompanied with high volume.  I don’t see a change of character yet but that could change with price action.  I feel like a pullback/consolidation is due but I can’t let my emotions start taking short positions if the price action doesn’t confirm it.

          • #9452
            skoutasg
            Participant

            CURT/SPY: Your analysis was correct. Attached a revision chart on the daily. My initial count, view was wrong. Here’s the alternative version. New trading range now forming after BC. IMHO.

            Attachments:
          • #9447
            skoutasg
            Participant

            Curt: Yes, don’t commit until you are sure the trading range (TR) is complete.

      • #9436
        Curt Miller
        Participant

        Lately I’ve been having trouble executing on my entries.  I do all my research, mark up the chart, determine the bias, etc however when my trigger hits I hesitate to enter the trade.  I think because I’m still relatively new to the Wyckoff method of trading I am still lacking confidence.  I second guess myself and pass on the trade.   Has anyone dealt with anything similar?  If so, what have you done to help overcome this?

        • #9438
          Kenneth
          Participant

          Curt I am also working through this as well.  Did not pull the trigger on a couple now even though I see it sitting on the top of the TR.  Hopefully it is temporary and maybe just a little “hectic life syndrome” where work is not allowing me to plan to the extent of where I am confident.  Do not want to make a hurried rash trade without a complete analysis.

          Frantz.  Thanks for those suggestions.  Makes sense about the reducing entry size.

        • #9437
          Frantz Herr
          Moderator

          Curt, a tendency we share.  Two ideas: 1) reduce your entry size ad absurdium, but enter the trade – even if it’s for just one share; and 2) read Mark Douglas

          ‘Trading in the Zone”.

          • #9443
            Curt Miller
            Participant

            Ken:  Same here with me.  I’ve fallen victim to the “hectic life syndrome” as well.  Trying to balance my primary career with a side hustle in trading.  I’ve got triggers that alert me when action should be taken but for some reason I still want to analyze the chart more and see if there was anything I missed.  This delay results in me missing the trade.

            Frantz:  Thanks for the suggestions.  I have read Mark Douglas’ book.  Is there any section in particular you feel I should review?

            • #9445
              Frantz Herr
              Moderator

              Curt, I really think it’s worth studying the entire book when I’m having issues with my mental game.  I just pulled out my copy and I’m going to be reading it again cover to cover myself.  Frantz

    • #9407
      Frantz Herr
      Moderator

      New thread

      • #9429
        Peter Lauterbach
        Participant

        Frantz, I`ve been reading your rule-based explanation in your SQQQ trade, but cannot match your entries and exit prices (5.73, 5.33) for august 2020. The ETF traded around 20-25 at that time, so what am I reading wrong here?? Thanks.

        • #9430
          Frantz Herr
          Moderator

          Hi Peter, first – thanks for reading my blog, and you remind me that I am behind schedule to write the next one in the new series so I am going to get to work!

          To answer your question: SQQQ is a leveraged inverse ETF.  The way the leverage is achieved is through futures contracts.  Every time they roll the contracts there’s slippage which causes the price of the ETF to decay over time.  On top of that, the ETF is designed to give you a multiple of the daily change in the underlying index.  If you think about how percentages work, a decline of x percent requires a rise of >x to get back to even and this adds to the decay; and in a market uptrend, the compounding effect on an inverse ETF like SQQQ causes very large price declines.  Because of the decay, eventually the ETF has to do a reverse split.  The charting services all adjust their charts for the splits so that explains the discrepancy: my trades were pre-split and the chart is now post-split.  Here’s the history of SQQQ’s splits:

          As an aside, I ignored my Rule #1 and took an intraday stab at SPXS last Friday with predictable results (for me).  Having rules works for me, but only when I follow them!!!

          • #9432
            Peter Lauterbach
            Participant

            got it! thanks.

      • #9414
        shhmi9
        Participant

        dlx accumulation?

        Attachments:
        • #9422
          skoutasg
          Participant

          J9: I agree the prior TR is an accumulation. To me, price has broken out. Will there be a retest before launch? Do you have a price target, margin of safety?

          Attachments:
          • #9424
            shhmi9
            Participant

            about 53 $

    • #9386
      Frantz Herr
      Moderator

      New thread

      • #9412
        skoutasg
        Participant

        BA: Interesting daily Chart in which price has BUEC. Note also the lack of volume, which ordinarily is the last test by SM to shake out remaining retail sellers prior to markup? However, don’t think the time is right as earnings report not out until 4/28? For me, since the dividend has been suspended, no interest here, but tempting. Your thoughts?

        Attachments:
      • #9410
        skoutasg
        Participant

        PM: Yuck, I know Philip Morris. We are capitalist are we not? He’s the daily. Looks like the rocket is ready to launch, IMHO? My price target is $144. Your thoughts?

        Attachments:
      • #9408
        skoutasg
        Participant

        GSK: One ugly chart. IMHO, this baby went from reaccumulation until price action turned to distribution after 3/20/2020, culminating in a selling climax (SC). What’s interesting is what the price action shows so far. My price target is $48.16 if my count is correct. May I have your input, especially those proficient with the figure chart?

        Attachments:
      • #9402
        Peter Lauterbach
        Participant

        Analysis of accumulation in USD/GBP futures based on daily Wyckoff analysis. I am new to this forum but an old loyal Wyckoff hand. Chart seems to be on springboard after levitating into the higher fringes of this trading range and absorbing supply within the tight range over last 7 days.

        Attachments:
        • #9404
          skoutasg
          Participant

          Peter/GBP/USD: Welcome and thank you for contributing your comments. Hope you do regularly. Not sure if we are talking about the same currency pair as I found a chart under GBP/USD on my platform. Attached my weekly chart, which confirms we are in an accumulation TR. My daily chart also confirms and also documents price has left the TR now heading toward your target. Happy trading.

          Attachments:
          • #9406
            Peter Lauterbach
            Participant

            Thanks, yes, we are talking about the same chart, in my case the Globex March futures. Symbol 6bh1. I only trade futures markets, rarely stocks and options. No day trading.

            The figure chart targets work astoundingly accurate in futures. The one shown is just the first one. Should the trade work out, there are much higher objectives later.

      • #9397
        Kenneth
        Participant

        Continuing with skout’s  suggestion this one I found interesting VRAY: Reaccumulation or Distribution?

        • #9398
          Kenneth
          Participant

          Forgot to attach chart

          My analysis:

          Attachments:
          • #9400
            skoutasg
            Participant

            Ken/VRAY: My interpretation below, IMHO. Happy trading.

            Attachments:
    • #9349
      Frantz Herr
      Moderator

      New thread

       

      • #9393
        skoutasg
        Participant

        XEL: My friends, forget about GME AMC and the rest, let’s get down to basics: Reaccumulation or Distribution?

        Attachments:
        • #9395
          Kenneth
          Participant

          Skout: Agree.

          IMO it is dist

          Attachments:
      • #9376
        ArkadiyRezviy
        Participant

        what is it?

        Attachments:
        • #9378
          skoutasg
          Participant

          AR/SNDL: Automatic reaction (AR) of the apparent low, IMHO.

          • #9380
            ArkadiyRezviy
            Participant

            look at the volume, it is negative)

            • #9381
              skoutasg
              Participant

              AR: Yes, you are correct I missed the volume profile. Here is another interpretation, imho.

              Attachments:
      • #9370
        ArkadiyRezviy
        Participant
        • #9372
          ArkadiyRezviy
          Participant

          Vno,xlre

          • #9383
            skoutasg
            Participant

            AR/VNO/XLRE: The question is, when will you pull the trigger? Await exit from the trading range (TR) followed by a retest, imho? My interpretive charts attached below:

            Attachments:
      • #9367
        Kenneth
        Participant

        Wow some really weird price action lately.

        Nokia subjected to a pump and dump?  Any other views?

        NOK pump and dump

      • #9361
        shhmi9
        Participant

        seems like accumulation?

        Attachments:
        • #9364
          Kenneth
          Participant

          My view on WFC

          Intermediate – Distribution so may be in a redistribution area.

          Short term Daily – Re-accumulation after that decline ??  Definitely needs confirmation.

          Confirmation would be a break above the long term resistance area and top of TR with a sign of strength and conviction.

          POE#1 – starter here on the intermediate BUC for those looking to start a campaign.  SL would be somewhere in mSOS/LPS area.  Not sure to tell the truth.

          Swing trade would be BOE to start at top of Range and SL just under long term support and add on with a pullback and test BUC.

          • #9379
            skoutasg
            Participant

            Ken/WFC: Agree with S9 that we are looking at accumulation so far, IMHO. Confirmed by both daily and weekly charts.

      • #9358
        skoutasg
        Participant

        GME/Gang: Can anyone explain what is going on with this stock? I’ll go out on a limb with my attempt to explain. Your input? As the media has portrayed, the action looks to me like a gigantic short squeeze initiated by the Smart Money (Institutions, Funds, Market Makers). Their only goal was to clear from their books unwanted shares they have been holding for decades. They initiate the squeeze by causing the price to rise, triggering short stops (buy orders) placed by the public or not so smart, uniformed institutions or funds still holding short positions. Media is claiming this was a coup by the public investors, hardly. IMHO.

        Attachments:
        • #9363
          Kenneth
          Participant

          Skout what you have mentioned is as far as I know as well.  Saw it taking off and watched some of the up and down but never understood myself what was happening.

          • #10272
            Padawan
            Participant

            A wonderful forum to learn the method of Wyckoff for a beginner. I have a question. Wyckoff spoke on the concept of a Springboard. He mentioned it numerous times in his book. It was a position where he believed the stock was prepared for a mark-up. What is the criteria for a Springboard? In a Bullish scenario do we need to see a rally with good spread and volume and then the reaction having lower volume (drying up)? The chart is an example in what I am referring to. The black line shows strong demand coming into the market. Thus, we have a strong rally. The following reaction green line shows supply is low compared to the rally.

             

             

             

             

             

          • #9392
            Kenneth
            Participant

            Skout: Here is some discussion of what happened through the lens of the Wyckoff Method.  https://twitter.com/i/status/1355267170381524997

    • #9291
      Frantz Herr
      Moderator

      New thread

      • #9346
        shhmi9
        Participant

        what about cdr (cyberpunk2077)

        Attachments:
        • #9354
          skoutasg
          Participant

          S9: Not sure of the stock symbol? GPW or CDR?

          • #9355
            shhmi9
            Participant

            cdr on gpw

            • #9356
              skoutasg
              Participant

              S9: CDR or Cedar Realty Trust? GPW or Georgia Electric Power? The latter I cannot get data on my platform or yahoo finance.

            • #9357
              shhmi9
              Participant

              cdprojekt on warsaw stock gpw

      • #9339
        Kenneth
        Participant

        BYND and BWA are out of my price range as I prefer lower priced stocks.

        BWA was a chart that I posted a couple of days ago and skout made a good observation that I think is right on the nose about the redistribution changing to accumulation.

        Changes will happen on the lower time frames before they are seen on the higher.  There are a few other stocks in this sector – Auto Parts – where I have seen activity recently as well.  Maybe this is due to people wanting to avoid public transport due to 2020?

        What are other’s view here.  The following stock fits my price range.

        Long term bias Monthly Accumulation

        Medium term bias Weekly Accumulation

        Short term bias Daily – Break out already.

        Since this has already broken out on an SOS / SBar.

        Something that might be interesting is entry analysis.  How would one approach this stock for entries.  Might be good topic for the Slack channel as well.

        For me POE#1 is a pull back to 2.10 area for starter and then POE#2 would be a BOE 2.55.  S/L 1.65 which is two supports back.

         

        • #9343
          skoutasg
          Participant

          KEN/SYPR: After the action on 1/26 you may have already given up on your idea?

          Attachments:
          • #9348
            Kenneth
            Participant

            Was thinking the same thing.

          • #9345
            skoutasg
            Participant

            Can anyone explain the apparent manipulation here since the same pattern appears repeatedly on the daily? What’s the strategy of the Smart Money (the “Composite Man”)?

      • #9331
        shhmi9
        Participant

        EPR acumulation

        Attachments:
        • #9334
          skoutasg
          Participant

          S9:EPR: Okay, looks like the trading range is an accumulation. To confirm, look for the crossing of the creek with a retest before entry.

          Attachments:
          • #9336
            shhmi9
            Participant

            good skout

      • #9325
        Kenneth
        Participant

        I worked this one up last week and totally forgot about it.  Do not usually trade stocks this amount but thought it looked interesting none the less.

        It had just had the SBar off the bottom.  Still nice move.

        Attachments:
    • #9263
      Frantz Herr
      Moderator

      New thread

      • #9301
        skoutasg
        Participant

        AAPL: How they lie. Looks to me AAPL is in distribution? Your opinions?

        • #9318
          Kenneth
          Participant

          IMO AAPL is still in an uptrend and we are just seeing HH’s and HL’s right now.

          • #9333
            skoutasg
            Participant

            KEN/AAPL: You may be correct. However, by my count, the TR just completed looks more like distribution. If I am correct, soon the price will slowly drop so as not to prompt panic selling. IMHO. I have no ownership interest, so my speculation is just that. Can’t wait to find out?

             

      • #9288
        ArkadiyRezviy
        Participant

        nok.

        Attachments:
        • #9312
          Kenneth
          Participant

          Here is my take on NOK.

          Long term bias is accumulation.

           

          Attachments:
          • #9327
            Kenneth
            Participant

            Short term Distribution on Daily??

            UTAD ?

            Attachments:
        • #9293
          skoutasg
          Participant

          AR/NOK: IMHO too early to tell if accumulation or redistribution. Will price jump across the creek or continue in the TR that is the question?

          Attachments:
          • #9298
            ArkadiyRezviy
            Participant

            thanks skoutasg!I think this is a very interesting chart. Difficult. Probably SOS might be waiting for us

            Attachments:
            • #9300
              skoutasg
              Participant

              AR: You know the Smart Money (the “Composite Man”) are magicians. They never lose money, we do. What looks like it’s going up is the reverse. What looks like it’s going down is also the reverse. Best to learn their tactics.

          • #9295
            shhmi9
            Participant

            hey skoutasg

            What is the platform that doyou use? Tradestation?

            • #9297
              skoutasg
              Participant

              S9: TOS out of habit because been with them 10+-years. Tried TV but left the pro platform because most posts were about crypto currency, which is not my bag. Wyckoff is the only method to trade or to follow your investments. Same patterns repeat over and over. What’s not to like?

      • #9284
        shhmi9
        Participant

        virgin reacumulation?

        • #9287
          skoutasg
          Participant

          SPCE/FDP: SPCE has already broken out of an accumulation TR now in mark up. FDP now in accumulation trading range where she breaks remains the question? You’re looking to trade the swings?

          • #9310
            Kenneth
            Participant

            SPCE in Markup as Skout has pointed out.

            looking at the range marked #5 and #6 bars maybe see some type of consolidation here if it follows the same sort of swing pattern.

             

            Attachments:
        • #9285
          shhmi9
          Participant

          virgin

          Attachments:
      • #9282
        shhmi9
        Participant

        FDP acumulation?

        Attachments:
        • #9308
          Kenneth
          Participant

          Long term bias Distribution IMO.

          Not sure short term to tell the truth.

          Attachments:
      • #9267
        Kenneth
        Participant

        Distribution.  What does everyone else see?

        Bias Longer term Distribution

        Bias Short Term Distribution

        • #9280
          skoutasg
          Participant

          KEN/BWA: Here’s another look. This stock looks like it was in redistribution until 3-20 happened. The Smart Money absorbed those shares sold by the public, then proceeded to markup up the stock so to distribute the shares accumulated on 3-20. Thus, I’ve named the trading range redistribution to accumulation to accommodate the reversal. Of course, where the price goes from here is only in the minds of the SM. IMHO.

          Attachments:
          • #9307
            Kenneth
            Participant

            Skout: Like your take here and definitely looks that way.  Will keep that UTAD on there until there is a confirmation.  Personally not looking to trade this right but thought the chart was interesting.

        • #9278
          Curt Miller
          Participant

          I’m thinking accumulation at this point.  Lets see what it does at resistance level.

          Attachments:
        • #9274
          skoutasg
          Participant

          BWA: Looks to me like a reaccumulation on the daily chart and an Accumulation on the weekly. IMHO.

          Attachments:
Viewing 109 reply threads
X