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Warren
Forum:
Traders Hideout
January 3rd, 2013, 04:19 PM
Replies:
1,411
Wyckoff Trading Method
Views:
790,319
Posted By
Warren
Db, I think Wyckoff would be looking for a...
Db,
I think Wyckoff would be looking for a backup test on declining volume to the prior area (#7)of the SOW area. I'm just guessing for I have not studied his original material.
Warren
Forum:
Traders Hideout
April 24th, 2012, 01:26 AM
Replies:
1,411
Wyckoff Trading Method
Views:
790,319
Posted By
Warren
Yes, those big round numbers will always be there...
Yes, those big round numbers will always be there but we are comparing relative volume and price action at those levels.
Let me ask this for example, if ES hit's resistance during the day...
Forum:
Traders Hideout
April 24th, 2012, 12:24 AM
Replies:
1,411
Wyckoff Trading Method
Views:
790,319
Posted By
Warren
Madlyfe, My understanding is that Wyckoff...
Madlyfe,
My understanding is that Wyckoff really focused on the retests for his favorite trade setups. An example is when price jumps the creek area and then backs up(down in price) to the...
Forum:
Traders Hideout
April 23rd, 2012, 11:54 PM
Replies:
1,411
Wyckoff Trading Method
Views:
790,319
Posted By
Warren
is a test different than a retest?
Muscleman,
Eight months had expired before ES price action approach the area in question. This may explain your question.
Can a person really call this a retest? And yes, it's testing the...
Forum:
Traders Hideout
March 20th, 2012, 11:53 PM
Replies:
1,411
Wyckoff Trading Method
Views:
790,319
Posted By
Warren
supermht, if this is an upthrust, it will...
supermht,
if this is an upthrust, it will usually be complete within 1-3 bars many times, imo. Gary in post #465, speaks of this referring to a spring in his second chart posted. I assume the...
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