fireflyk Posted January 3, 2019 Report Share Posted January 3, 2019 Hi all, is there any learning materials that teach you how to distinguish distribution and reaccumulation? It seems to me that all wyckoff analysis are hindsight. For a trading range in a bull trend, if the trend continues, for sure I can say that the trading range is reaccumulation, and if the trend reverses, then everyone knows it's distribution. If we can't find out whether the trend will continue or reverse before the market shows it to us, what is the point of analyzing the trading range? Please enlighten me. Quote Link to comment Share on other sites More sharing options...
logicgate Posted January 7, 2019 Report Share Posted January 7, 2019 (edited) Check post 5 of this thread, there is a link containing material of Wyckoff specialist Hank Pruden, you will learn how to identify that: http://indo-investasi.com/showthread.php/30413-Trade-Like-Wyckoff-Classic-Techniques-For-Beating-The-Market-by-Hank-Pruden You gotta use your VSA skills and your own volume based indicators combo. OBV and modified OBVs (Twiggs Money Flow for example) or the Williams Accumulation Distribution will give you hints of the probable direction of ranges breakouts. All that in tandem with bar by bar VSA. Also, divergences between the price and volume will give you hints of false breakout, the Weis Wave indicator also helps. Edited January 7, 2019 by logicgate fireflyk 1 Quote Link to comment Share on other sites More sharing options...
fireflyk Posted January 8, 2019 Author Report Share Posted January 8, 2019 Check post 5 of this thread, there is a link containing material of Wyckoff specialist Hank Pruden, you will learn how to identify that: http://indo-investasi.com/showthread.php/30413-Trade-Like-Wyckoff-Classic-Techniques-For-Beating-The-Market-by-Hank-Pruden You gotta use your VSA skills and your own volume based indicators combo. OBV and modified OBVs (Twiggs Money Flow for example) or the Williams Accumulation Distribution will give you hints of the probable direction of ranges breakouts. All that in tandem with bar by bar VSA. Also, divergences between the price and volume will give you hints of false breakout, the Weis Wave indicator also helps. Thanks for sharing, brother Logicgate! Because I feel your spirit of sharing on this site, I trust in your words! My doubts and skepticism are cleared now. I'll study what you pointed out, and see if I can master this skill. Quote Link to comment Share on other sites More sharing options...
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