Wyckoff Trading Method - Traders Hideout | futures io social day trading
futures io futures trading


Wyckoff Trading Method
Updated: Views / Replies:236,783 / 1,384
Created: by David_R Attachments:696

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors – all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you don’t need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 696  
 
Thread Tools Search this Thread
 

Wyckoff Trading Method

  #111 (permalink)
Elite Member
V/Austria
 
Futures Experience: Master
Platform: MT4/Ninja/TT/MultiCharts
Favorite Futures: FX / Indices
 
Posts: 88 since Oct 2010
Thanks: 32 given, 92 received


David_R View Post
I never would have thought the up bar was a trap. I guess its a very subtle thing because you really need to look and see that volume was picking up to the down side. I don't know how I would classify the up move oh high volume as weakness though. After the fact maybe, but not before. For me anyway.

David



tom williams , i guess who brought us VSA a spin off , from wyckoff .. says that a market doesent like an up bar on ultra high volume .. as the smart money could sell into the rallie .. but this as you said could only be seen after the fact

.. but for example if u have clear signs of weakness in the background .. then an high volume up bar .. could be a trap

in the AMZN case .. it has been a trap ..

Reply With Quote
The following user says Thank You to PrymeTyme for this post:
 
  #112 (permalink)
Elite Member
San Jose, Ca
 
Futures Experience: Beginner
Platform: Ninja
Broker/Data: AMP/CQG
Favorite Futures: Something moving
 
David_R's Avatar
 
Posts: 1,510 since Nov 2009
Thanks: 2,267 given, 2,371 received

ES, YM, TF and NQ Dailys

Dr. Gary did this a while back in the thread. I thought I'd put up dailys of th 4 indexes and see what the opinions are. I marked them up only briefly. Honestly, I can't tell a whole lot. What I don't see is what would be called a buying climax, so I question if a top is in. It may be a top for a correction such as an a,b,c as I've labeled on the chart, but is it a top for a reversal. I don't know. Its interesting that the TF and NQ have already made a lower high and are in the last leg of an a,b,c if one is going to form. The ES and the YM are behind in that regard. I guess from what I read they tend to lag behind the others.

As far as the volume goes, it was high on Friday and I guess you could say there was supply coming in. I look back a little ways and see indications of demand as well. On TF for example, I point to a down bar with high volume. The next bar has almost the same amount of volume but the range, or spread is probably half. The third down bar has even less volume. Its about 2/3rds of the volume of the bar with the arrow. I also notice that Friday had the highest volume since November. Not sure if that is enough to indicate a reversal.

What do you think.

David

Attached Thumbnails
Wyckoff Trading Method-indexes-2-.jpg  
Reply With Quote
 
  #113 (permalink)
Elite Member
V/Austria
 
Futures Experience: Master
Platform: MT4/Ninja/TT/MultiCharts
Favorite Futures: FX / Indices
 
Posts: 88 since Oct 2010
Thanks: 32 given, 92 received



David_R View Post
Dr. Gary did this a while back in the thread. I thought I'd put up dailys of th 4 indexes and see what the opinions are. I marked them up only briefly. Honestly, I can't tell a whole lot. What I don't see is what would be called a buying climax, so I question if a top is in. It may be a top for a correction such as an a,b,c as I've labeled on the chart, but is it a top for a reversal. I don't know. Its interesting that the TF and NQ have already made a lower high and are in the last leg of an a,b,c if one is going to form. The ES and the YM are behind in that regard. I guess from what I read they tend to lag behind the others.

As far as the volume goes, it was high on Friday and I guess you could say there was supply coming in. I look back a little ways and see indications of demand as well. On TF for example, I point to a down bar with high volume. The next bar has almost the same amount of volume but the range, or spread is probably half. The third down bar has even less volume. Its about 2/3rds of the volume of the bar with the arrow. I also notice that Friday had the highest volume since November. Not sure if that is enough to indicate a reversal.

What do you think.

David


Hi David here is my take on your charts .. i repainted you pic

but please bare with me , as iam still a beginner at wyckoff and vsa .. and take all i say with a grain of salt
also its not easy to analyse the early stage of a trading range , or correction.. we have to see how it unfolds..
but clues can be made .. and every new bar.. will reveal us more. info..


A. ES

High volume with close off the low

B.
price wents down on increased volume dips into an artea of previous resistance (supply)
and rallies back up closing on its high heavy buing in that bar

after a rather weack rallie back to the top . a ultra wide speard down bar on ultra high

volume closing on its lows , right at the support line..


well we can only see the reaction of that bar , next week .. if theere has been hidden

buying in it .. we wil se e a gap up.. else if that was aneffort to fall .. we have to

see a follow thru..


but its an eraly stage to say if its distribution.. or re accumualtion

but bear in mind that we also make higher highs and lows..



YM

A
high volume on a bar wich has taken out the previous two bar lows
and rallied back to close near it high , demand is coming in , a spring

B
the volume is slightly lower but still average , and the bar has a wide spraed
if this was an effort to rise.. it fails.. as it shows no relut ie. follow thru

the next bar has higher volume . it is an inside bar. if only by a few points
it fell back and rallied back .. i guess bar B ran into heavy supply.. wich has been

absorbed in this bar..
u can see clearly that volume droped off and we form no demand bars.. as the professionals

have withdrawn from trading.. as they want to see the reaction of the market...

C
ultra high volume on a wide spread down bar .. closing slightly of the lows..
but nearly the same level as bar A ..

i think that this move is a shakeout.. in order to get rid off the weakholders
wich they allready have met .. after the absorbtion.. as price hasnt advanced .. so there

is still alot of supply arround.. wich they have to shake off..



TF

as the range starts to unfold . we also see higher tops and higher bottoms..
this are signs of a positive market.. and a shakeout would most likely be on a market that
looks good to a trader.. till they get scared by a shakeout ..

A with bar A wich penetrates the demand line on high volume but also price is not

following thru on nearly the same amount of volume.. wich actually found support , at a

previous supply level.. are signs of a shakeout..

the following reaction C wich retest the breakdown.. is on increasing volume. if this

should be the beginning of a distribution .. the reaction should be on decreasing volume..

nevertheless the re test was succesfully .. as we have another wide spread down bar on

higher volume .. but still at the support level.. again to me this is a move to suck in

weak bears...and shakeout long positions..

NQ

A
a spring on the demand line on high volume . demand coming in..

B is a climactic action .. a selling climax .. or stopping volume.. as demand swamps

supply at this level ..

we have a technical rally wich forms almost a double top and with bar C on ultra high

volume closing near the climactic action ,, know acting as support .. and with that bar

being a secondary test ..

i would say that waht we see on 4 indexes .. is a brutal shakeout .. .. and i think we

will even see a gap up .. next week

Attached Thumbnails
Wyckoff Trading Method-indexes-2-.jpg  
Reply With Quote
The following user says Thank You to PrymeTyme for this post:
 
  #114 (permalink)
Elite Member
V/Austria
 
Futures Experience: Master
Platform: MT4/Ninja/TT/MultiCharts
Favorite Futures: FX / Indices
 
Posts: 88 since Oct 2010
Thanks: 32 given, 92 received

es

here is a nice chart of the emini sp future ..


looks more and more like a shakeout .. and iam gaining confident ,, that the professionals are bullish..




1. high volume spring , on a steep demand line

2. increased volume on an up bar wich closes in the middle , supply swamping demand here

the next bar drops off in volume slightly but makes a higher high and low as the previous bar
it closes on its high.. means supply has been absorbed..

3. this bar is an interresting one , its a test bar in VSA .. and its a succesfull test .. it was marked down
into an area where there was previous high volume and supply , and rallied back to close on the high ,now that this bar has lower volume then the previous bars.. especially the supply bar .. means that the absorbtion has been succesfull and that there is no more supply left .. this is a sign of strenght..


also see how the wide spread down bar .. has lesser volume then any other bar on this chart..

again .. i still think that this is a shakeout manouver


cheers

Attached Thumbnails
Wyckoff Trading Method-es.jpg  
Reply With Quote
The following user says Thank You to PrymeTyme for this post:
 
  #115 (permalink)
Just starting out...
geneva
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: EUR/USD
 
Posts: 5 since Dec 2010
Thanks: 1 given, 1 received

I am happy to see that there is a good community of Wyckoff practionar at this forum. I am very pleased to find such a forum and will try to share some knowledge.

Reply With Quote
 
  #116 (permalink)
Just starting out...
New Orleans
 
Futures Experience: Beginner
Platform: fxcm, tos
Favorite Futures: euro
 
Posts: 6 since Jan 2011
Thanks: 3 given, 1 received

Wyckoff student

Hi, I am trying to learn the Wyckoff Schematics and wanted to post a chart but since this is my first post no images can be attached

Reply With Quote
 
  #117 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,238 since Jun 2009
Thanks: 29,350 given, 83,214 received


Brand12 View Post
Hi, I am trying to learn the Wyckoff Schematics and wanted to post a chart but since this is my first post no images can be attached

You can attach images, you simply can't LINK images. Use the attachment feature.

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
The following user says Thank You to Big Mike for this post:
 
  #118 (permalink)
Just starting out...
New Orleans
 
Futures Experience: Beginner
Platform: fxcm, tos
Favorite Futures: euro
 
Posts: 6 since Jan 2011
Thanks: 3 given, 1 received

Will try again. Thanks

Reply With Quote
 
  #119 (permalink)
Just starting out...
New Orleans
 
Futures Experience: Beginner
Platform: fxcm, tos
Favorite Futures: euro
 
Posts: 6 since Jan 2011
Thanks: 3 given, 1 received

This is my Wyckoff Schematics on euro since Friday. Am I reading this correctly?

Attached Thumbnails
Wyckoff Trading Method-eu15minjan31wycokff2.gif  
Reply With Quote
The following user says Thank You to Brand12 for this post:
 
  #120 (permalink)
Just starting out...
New Orleans
 
Futures Experience: Beginner
Platform: fxcm, tos
Favorite Futures: euro
 
Posts: 6 since Jan 2011
Thanks: 3 given, 1 received


I always found aud/usd hard to read but I tried to apply Wyckoff to the hourly chart and suddenly it became clear that it had been in accumulation and is going up as of now.

Too bad I did not trade it as it has gone up about 500 pips (JAC?). Wasn´t sure about the analysis until I see more of these setups.

Attached Thumbnails
Wyckoff Trading Method-au60minjan31wycokff.gif  

Last edited by Brand12; February 1st, 2011 at 01:52 PM. Reason: update
Reply With Quote

Reply



futures io > > > Wyckoff Trading Method

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Linda Bradford Raschke: Reading The Tape

Elite only

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

January

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Webinar: Wyckoff Method Tuesday, May 10th @ 4:30 PM Eastern Time DrGary The Elite Circle 23 January 27th, 2016 10:50 PM
TF trading using CCI method-it works ESFXtrader Emini Index Futures Trading 426 December 21st, 2014 07:27 PM
A simple trading method that produces results. kevinhenjum Elite Automated Trading 29 November 9th, 2011 11:00 AM
GomCluster Trading Method RODLM Elite Automated Trading 10 October 28th, 2011 07:05 AM
Is here anybody who is trading Felton method? Experiences? redford007 Trading Reviews and Vendors 3 June 6th, 2011 06:01 PM


All times are GMT -4. The time now is 01:54 AM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-11 in 0.15 seconds with 20 queries on phoenix via your IP 54.226.34.209