Hi Everyone! The purpose of this video was to provide a correction on a statement made in a previous video and to provide further clarification on common events in different phases of distribution when using Wyckoff Method 2.0.
The following link provides a BASIC understanding of Wyckoff Method 1.0 (Classical Wyckoff Method). What I teach is my own MODERN version of Wyckoff Method that I call, "Wyckoff Method 2.0." Here is the link to BASIC understanding of classical wyckoff method: school.stockcharts.com/doku.php?id=market_analysis:the_wyckoff_method
I do NOT use Point and Figure Charts nor do I use Volume bars like classical wyckoff method. Some may argue I'm not practicing Wyckoff Method if I'm not using Volume Bar Analysis and Point and Figure. Well, to the contrary, I HAVE BETTER TOOLS than Volume Bars and Point & Figure to draw a better conclusion about current events and up-coming events in phases of Distribution or Accumulation. Richard D. Wyckoff would be THRILLED to have these tools I'm using. He did everything MANUALLY back in his day. I guarantee you he would be using the tools I'm using if he were still here with us today.
I hoped this helped provide a bit more clarification about COMMON events in Phases of Distribution for Wyckoff Method 2.0.
Thank you for your valuable TIME and support!
Stay Awesome!
David M Ward Jr
The following link provides a BASIC understanding of Wyckoff Method 1.0 (Classical Wyckoff Method). What I teach is my own MODERN version of Wyckoff Method that I call, "Wyckoff Method 2.0." Here is the link to BASIC understanding of classical wyckoff method: school.stockcharts.com/doku.php?id=market_analysis:the_wyckoff_method
I do NOT use Point and Figure Charts nor do I use Volume bars like classical wyckoff method. Some may argue I'm not practicing Wyckoff Method if I'm not using Volume Bar Analysis and Point and Figure. Well, to the contrary, I HAVE BETTER TOOLS than Volume Bars and Point & Figure to draw a better conclusion about current events and up-coming events in phases of Distribution or Accumulation. Richard D. Wyckoff would be THRILLED to have these tools I'm using. He did everything MANUALLY back in his day. I guarantee you he would be using the tools I'm using if he were still here with us today.
I hoped this helped provide a bit more clarification about COMMON events in Phases of Distribution for Wyckoff Method 2.0.
Thank you for your valuable TIME and support!
Stay Awesome!
David M Ward Jr
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.