Welcome to Wyckoff Trading Methodology
The Wyckoff Method is a technical analysis approach developed by Richard D. Wyckoff. It emphasizes the study of price action and volume, and is used to identify market trends and reversals. This methodology focuses on understanding the underlying supply and demand dynamics in the market. Key components of Wyckoff's work include:
- Analyzing price and volume relationships to determine the market’s current position and likely future direction.
- Identifying phases of accumulation and distribution to understand market cycles.
- Utilizing price patterns like springs, upthrusts, and breakouts to find high probability trading setups.
- Employing a rigorous charting process across multiple timeframes for precise trade execution.