Richard Wyckoff TRADING COURSE (WTC) – SPRING 2019
Richard Wyckoff TRADING COURSE (WTC) – SPRING 2019
Richard Wyckoff TRADING COURSE (WTC) – SPRING
Understand the laws, principles and techniques developed by Richard Wyckoff to track and trade in harmony with the big money, represented today by investment banks, hedge funds, pension plans and other large institutions.
Use practical tools to apply this timeless methodology; by learning to “read the market” you can trade alongside large institutions that generate (and stop) big trends.
Anticipate market direction through analysis of price, volume and time, without the need for additional indicators.
The Price Cycle Recognition of institutional presence and activity throughout the entire Price Cycle: Accumulation, Mark-Up, Distribution and Mark-Down
Behavioral Market Analysis Understanding the motivation and behaviors of different groups of market participants, including the Composite Operator, at different junctions within the Price Cycle
Change of Character Identification of changes in behavior and the overall change of character from a trending to a non-trending environment and vice versa
Wyckoff Phase Analysis Recognition of Wyckoff Phases within a trading range as timing tools
Wyckoff Events Structural signals in a trading range — including climaxes, tests, springs, upthrusts, and signs of strength — that signal and confirm the emergence of Wyckoff Phases
Re-accumulation vs. Distribution Distinguishing typical characteristics of these trading ranges in order to properly analyze Wyckoff Phases and Events
Supply and Demand Understanding the two forces that move all markets — this is the cardinal principle underlying the Wyckoff Method and several other approaches to technical analysis
Effort (volume change) versus Result (price action) Confirmation (harmony) and failure (divergence) as technical analysis tools to predict future price behavior
Volume and Spread Analysis (VSA) Bar-by-bar analysis of price and volume action to predict the most probable near-term move in market direction
Volume and Swing Analysis Swing-by-swing analysis of price and volume action to help anticipate when and where the next large opportunity is likely to occur
Volume Phase Analysis Identification of volume signatures characteristic of specific phases of accumulation and distribution trading ranges
Comparative Analysis Foundations of comparing multiple instruments to each other in order to gauge potential future
outperformance
Relative Analysis A modern tool for comparative analysis of different financial instruments and how to choose the best ones to trade
Advantages of Relative Strength Understanding the benefits of applying relative strength analysis to select the best trade candidates, particularly at market turns
Top-Down Analysis Introduction to top-down analysis of sectors, industry groups, and stocks