PART II — EXECUTION
Visual Skill Building — “Practicum” Designed as the next logical step for graduates of the WTC Part I, every element of this course emphasizes increasing proficiency in the Wyckoff Method through deliberate practice involving rigorous exercises and drills.
Tactics and Trade Management Wyckoff techniques in trade management and visual pattern recognition are further developed through analysis of how the price structure could unfold under different plausible scenarios and how to quickly identify confirmation or failure of each alternative.
Advanced Wyckoff Analysis Meticulous studies of Wyckoff phase behaviors, trend recognition and variations in volume signatures, all illustrated with historical market structures, will deepen your foundational knowledge of the Wyckoff Method, helping you refine and elevate your trading.
Use the drop-down in the price bar to select On-Demand.
Applied Knowledge Your understanding of the Wyckoff Method acquired in WTC Part I will be markedly enhanced through a carefully sequenced series of rigorous, interactive classes.
Drills and Exercises Wyckoff concepts are applied in numerous in-class exercises (“learning by doing”), designed to sharpen your skills in chart pattern recognition and trading tactics.
Concentration on Bias and Timing Special focus on supply and demand confirmation of directional bias and timing, which can help you determine when to establish a position in anticipation of a favorable move.
Price Structure Scenarios In-class drills and discussions help you learn to anticipate future price movement through visualization of alternative Wyckoff price structure scenarios — including how to identify failure or confirmation of each.
Trade Management Clear recognition and best practices regarding entry and exit points, stop-loss placement and movement, and proper
scaling in and out of positions.
Risk Management Basic risk mitigation techniques, including estimating the probable risk and reward of any trade based on recognition of the market operations of institutional players.
Filtering Trade Candidates Exercises to optimize candidate selection using the Wyckoff Method approach to market structure, supply and demand, and comparative and relative strength analysis.
Wyckoff Phase Behaviors Apply knowledge of phase analysis from WTC Part I to practical exercises illustrating how to use typical phase behaviors in trading ranges as timing tools.
Variations in Volume Signatures In-depth study of volume characteristics in different phases of accumulation and distribution in the trading ranges.
Trend Recognition and Analysis Heightened understanding of how institutional players drive different trend stages, each exhibiting typical characteristics to be defined, analyzed, and exploited for profitable trading.
Historical Examples Past illustrations and case studies of market structures to dissect price, volume, and time relationships.
Optimization of Wyckoff Analysis Using Modern TA Tools Deployment of technical analysis tools in concert with Wyckoff analysis to derive deep insights into market conditions, sentiment, and probable future direction.
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. He is also the founder and President of Wyckoff Analytics, 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. 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.
In short, WTC Part I is all about ANALYSIS. In Part I you will acquire foundational knowledge of Wyckoff analysis. Class discussion will center around 1) Price Structural analysis, 2) Volume and Price analysis, and 3) Relative and Comparative analysis. WTC Part II, on the other hand, is oriented towards visual skill building and trade management. Students will be subjected to rigorous drills and exercises designed to develop deeper knowledge and advanced recognition skills. Trade Execution and tactical trading scenarios are discussed and practiced as well.
Yes. Each class has homework that is based on either the “Bias” Game or on the “Process” game. The Bias game is about building the visual recognition skills and correctly identifying the bias for the next move out of a given trading range. This game is extraordinarily popular among students and it covers the majority of WTC Part I concepts.
The Process game is about establishing a suitable routine for your actual trading. Students will be tasked to perform daily and weekly trading routines around their trading plans. All homework assignments in WTC Part II are optional.
There is a very high degree of financial risk involved in trading securities, futures and other financial instruments. You understand and acknowledge that you alone are responsible for your trading and investment decisions and results. The materials presented in this course are for educational purposes only: nothing contained therein should be construed as investment advice. Roman Bogomazov is not a registered investment advisor and does not purport to recommend which securities individuals should buy or sell. Presenter assumes no responsibility or liability of any kind for your trading and investment results. It should not be assumed that investments in or trading of securities, options, futures, ETFs, companies, sectors or any other markets identified and described in this course were, are or will be profitable.