Wyckoff Trading Analysis - Point and Figure

roosh

Does anyone here use Wyckoff analysis, in particular point and figure charts?

dartboardio

I don't use it per say well I do definitely use supply and demand areas when trading. It's been a huge benefit to me and it's the main thing I use on a naked chart with no fancy indicators

I have done a bit of reading into Wyckoff but only around the supply and demand areas, is there lots of areas to be studied?

roosh

dartboardio wrote: »

I don't use it per say well I do definitely use supply and demand areas when trading. It's been a huge benefit to me and it's the main thing I use on a naked chart with no fancy indicators

I have done a bit of reading into Wyckoff but only around the supply and demand areas, is there lots of areas to be studied?

Honestly, I'm not sure. I don't trade that much so I've only read a few articles on it. I'm not aware of the depth of the literature on it but it sounds like a lot of the different market structures you hear about either stem from Wyckoff or are explicable within the theory itself. It does seem to be very much about supply and demand also.

The impression I get is that combining knowledge of S&D with knowledge of the market structures of Wyckoff could be quite insightful.

Would you have any recommendations for resources on learning about supply and demand, or at least being able to read it better?


Here is a 4-part medium post on Wyckoff. I'm sure this is just surface level, but I found it quite informative:

- Wyckoff 101 - Part 1: The Background
- Wyckoff 101 — Part 2: The Composite Operator
- Wyckoff 101 — Part 3: Accumulation
- Wyckoff 101 — Part 4: Distribution