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What is the Wyckoff Methodology?
The Wyckoff Methodology is a technical analysis approach to operating in the financial markets based on the study of the relationship between supply and demand forces.
The approach is simple: When large traders want to buy or sell they carry out processes that leave their mark and can be seen in the charts through price and volume.
Wyckoff's methodology is based on identifying that professional intervention to try to elucidate who is in control of the market in order to trade alongside them.
What makes it different from other approaches?
The main advantage that puts this methodology above the rest is that it is based on solid principles; it has a real underlying logic.
Far from all kinds of indicators, it focuses on the study of the interaction between supply and demand; which, as we know, is the driving force behind all financial markets.
What will you learn?
? How markets move. The market is formed by movements in waves that develop trends and cycles.
? The 3 fundamental laws. The only discretionary method that has an underlying logic behind it:
The law of Supply and Demand.
The law of Cause and Effect.
The law of Effort and Result.
? The processes of accumulation and distribution. The development of structures that identify the actions of great professionals.
? The events and phases of the Wyckoff Methodology. The key actions of the market that will allow us to make judicious analyses.
? Operation. We combine context, structures and operational areas to position ourselves on the side of the large operators.
Trading ranges (TRs) are places where the previous trend (up or down) has been halted and there is relative equilibrium between supply and demand.
After all, volume is just that, no more no less. - Van K.
Imo this book is a game-changer. Incredibly detailed - And accessible to the person on the street.