Richard Demille Wyckoff Method

Hello,

just wanted to post this as a " practice chart ", any criticism and changes welcome. I am not memorizing every tiny movement, but I am trying to practice " seeing " this better. On Daily and 4 H it is fairly obvious, but 1H and lower still gives me headaches.

Thank you for the charts and very good thread.

Mike

Hello Friends

I trade for past 8 years and this Jan 2013 i found this method and I was able to buy low and sell high.

And March was a dream I made 16 successive winning trade in live using this method and so pleased. (3000 to 14000 pounds) in no time. My dreams of hard work became a success. (WHat a feeling)

But from April I was caught!! (trend moves)

Forex does not offer clear Wyckoff sometimes reversals could happen without proper tests (Shakeouts and Uptrusts).

2 Scenarios I am unable to work out ( If anyone can throw some experience on this would be greatly appreciated.

1. Continuing trends - Wyckoff reversals were just retracementss(downtrend here no reversals after set ups) - Unable to differentiate between reversals and
retracements.

2. Some time tops / or bottoms without set up - Just immediate change of direction

Would appreciate if any of you can shed some light on this. I use only 1 hour charts for USD crossed and JPY Crossed and for Others 4 hours (usually for low range
currencies)



http://clip2net.com/clip/m90706/thum...clip-122kb.png

Hi Forexpiet,

Thank you interesting my charts.
The date I post was the date appeared on the day.
Actually I use both M1 and H1 tf, for the EU I posted on H1 TF.
One month ago I got flash when I woke up about the VOID.

I studied them and still studied the VOID and got that I presumed that the MM (market maker) use them
which intend or not I not sure but the price always ,I believe, come back to the VOID the MM started.

I found the VOID on three phase.
1.Mark up phase - the VOID may one to three position ,as minimum, along the way up begining at the bottom of the Mark up phase .
2.Mark down phase , same as item 1 but the VOID start from the top along the way.
for item 1-2 the VOID to be close when the Mark down or Mark UP appear at last phase of the cycle.

3.Accumulation
3.1 VOID openned and close on this phase . such EU open 1-3 void along the way up then suddenly down to close three that voids.
3.2 VOID openned cloe to the price and close suddenly.

So, above from my studied and still continuing studying.

sorry my english language , I am from Thailand.

The attached EU chart just captured few minuted ago, you can compare with the chart previously I uploaded .
You can see that on the attached chart ,currently the EU made UTAD and seems go down to close the VOID.
The hilighted blue the candle almost touch the 1.31879 Price but not yet.
I hope the Voide to be close today.

And UJ I posted since 27 July 2013 comparing current chart.

The Void would be
100.120
100.065
99.970
99.804
99.668
99.573
99.319
99.189
98.922
98.692

and seems that the 98.692 to 99.319 closed already.

EU study on H1 with Kengleobard Void

Next round of EU , just study only from wckoff and KengLeobard Void System.

After hit the bottom Void then I guess that
1.Accumulation
1.1 AR automatic rally 30-50pips
1.2 come back down to be ST (secondary test)
.....
... until SOS,SOS,

the next round VOIDS would be

1.33402 -
1.33288 -
1.33191 -
1.32528 -
1.32483 -
1.32380 -

My TP almost hit before the bottom Void.

Just study phase Wckoff with my Voids system.
The UJ next round.
This round still in progress Mark up phase.

Next round Voids.
97.773
97.896
98.026
98.150
98.230
98.326
98.437
98.551
98.723
98.879
99.270

Hello Keng

Thanks and nice charts. I did a different analysis and I was in the wrong side of the market

I thaught considering EU break over 1.33 was a High demand volume up bar (MU bar or you it was BC) and start of reaccumalation (you got it right as distribution) triggered on UTAD

My problem is always how to differentiate between
High demand Volume bar (Start of reaccumalation) Vs Buying Climax (Start of Distribution)
High supply Volume bar (Start of redistribution) Vs Selling Climax (Start of Accumalation )

Please can you share some light on this thanks...

Sorry dint get what you mean by MU and VOID System please can you explain those as well thanks

Hello, Adler.

I am going to try answer your question and sorry for my english.
What I study and found would be:

a) M1 wckoff cycle + M1 wckoff cycle + ..... = One H1 wckoff cycle
b) still in progress study for bigger time frame.

What I mean is you may go to the lowest timeframe M1 firstly checking what happen on this timeframe I thought you will say VOW! and smiling in your face.
H1 timeframe speed slowly than M1 , yes offcourse. H1 candles resulted from sum of M1 candles.

The H1 candle which shown word UTAD may be Mark up phase when you see in M1 chart ??
We may need to see the wckoff cycle from the lowest to highest , my opinion.

UJ would be the pair I studied and easy to find wckoff cycle ,wckoff cycle and wckoff cycle.
EU would be the pair harder then UJ to find on the M1 tf as same theory chart.

Actually I try to identify three phase firstly on M1 then H1 or H4
1.MU - Mark up phase
2.Accumulation or Distribution phase
3.MD - Mark down phase

after that I will find SC or BC then guess AR,ST,ST ,Creek and SOS and make lines on the chart .
Whether I miss the point I am going to guess new points.
And guess two way such:
a) MU, Distribution, MD
or
b) MU, (re) Accumulation, MU again
and need to see M1 as well

News also effected the chart . MM they know and make lines on chart before it happen -always. When the News come out with the same side of the lines chart the MM made (MM plan) the price go up(or down) quickly on MU (or MD) phase. On opposite ,the Price slow go down (or up) a bit because the price come out with the opposite side of the line chart the MM made but the Price then will come back to the MM plan - still be with MM plan.

The Kengleobard Voids () going to assist me and confidence me the Price will be come back to me again.
And also help me choosing what wckoff line chart I made would be selected to be the first line chart of me (my chart plan) .
Then monitoring the actual chart .


Keng.

EU current chart.

We can see that the M1 wckoff cycle not yet completed , I 'd like to see Mark down(sorry edited)
phase of this cycle.
And we can see the the M1 lates wckoff cycle is a subset of H1 wckoff.

UJ current chart.

EU study wckoff cycle on M1.

EU made bull trap(UTAD) on M1 latest cycle.
So I added sell more.

UJ going well on H1 cycle

KengLeobard VOIDS

100.120 - await
100.065 -await
99.970 await
99.804 await
99.668 fullfill
99.573 fullfill
99.319 full fill
99.189 fullfill
98.922 fullfill
98.692 fullfill

EU mark down M1 now. TP around 1.3200

MM do it again and again. Boring!

MU,accumulate or ditribution and MD (or MU) on M1

NFP News trade with Kengleobard Voids

MM made two void as shown as dot line and fullfill.

And yes my Voids still work great I love it
sorry too much happy.


EU the yellow Voids to be close 50%

What I surprise would be the MM made price fastest speed than I guess..

And this is UJ and my Voids yellow hilighted for new wckoff cycle.