Wyckoff Method Questions Answered

What is the Wyckoff Method?

The Wyckoff Method is a technical analysis methodology based on identification of the dominant force, Supply or Demand, selling or buying, and its effects on the price action behind activities by institutional investors and traders.

Does the Wyckoff Method work?

Yes, the Wyckoff Method works very well in the current markets, including equity markets, cryptos, futures and Forex. You can apply Wyckoff Method in different time frames: intraday, daily, weekly, and monthly, because of the method’s focus on the price structure and the forces behind them. The major obstacle though is the ability of a trader to practice countless hours developing proficiency and higher-level skills of recognition and execution.

Does Wyckoff Method work in the Forex market?

Yes, the Wyckoff Method can be used by Forex traders to identify price structural changes that lead to the change in bias. This allows the Forex trader to overcome the lack of volume data available. In fact, for the first five years of his trading career, Roman Bogomazov traded Forex using only the Wyckoff Method.