Know when to hold em, Know when to fold em!
Wyckoff Method - 1: Methodological Structure - Market Cycle 4 replies
Wyckoff method journals 5 replies
VSA/Wyckoff Trade Journal 16 replies
Keeping focused with demo account (Price action & Wyckoff) 10 replies
DislikedIt is Sunday and liquidity will be out of sync as all sundays. I am not sure if I will be putting a trade on until late in the evening.Ignored
Disliked
Buy @ 1.2262
Initial SL @ 1.2230
Target (unofficial) 1.2380 (remember this can be broken or it could act as resistance) We also manage the trade as the market continues to do what it wants to do.Ignored
Dislikedtol, great trade! I'm not a Wyckoff expert, neither newbie...I've just a general idea of that but it surely seems a Wyckoff pattern, with a quite evident distribution before the down move. Just to know if I caught this right... please keep on posting charts here, I find them interesting, as well as the fact that many Wickoffians/VSA'ers use bars instead of candlesticks...Personally I struggle every time I put a bars chart, I'm so used to candles...but you think bars are actually better or you just like them? I don't trust all those campaign in...Ignored
DislikedBars show the same information as candles and it makes no difference which you use.Ignored
DislikedI guess teaching materials use bar charts so people get used to them. Anyway, I don't really look at distribution/accumulation because I find it just hurts my interpretation of charts. I also am not a Wyckoff guru. I mix a few trading styles into something I like.Ignored
DislikedI will show a standard template, where there is a candle. Below, the pattern with bars - where only the price. That please, and take it. But, I'd rather look at the template, where only the bars - price. I marked the thin line of 200 MA. This resistance. Here it is often the correct input. The price began training. Today I prepared the bidding for 1 hour.Ignored