Decent... I've seen this explain by others and it just when over my head and gave me a headache. But this was concise and straight to the point and simple. Thanks for sharing.
Nicely done Jack! Short and sweet, and sets one up for more indepth studies. For viewers not familiar with the terms at get-go, I found it very helpful to use the close captioning.
You can never understand the Wyckoff Method until you discover aspects of it on your own in a practical way. I can never take this video and start trading the FX markets with it unless someone took me thru a typical trading week with all its particulars and tricks. This may work perfectly for certain pairs at certain times of the day and not so perfectly for others.
20:00 Combined with price action of previous levels of resistance, entering at support (former resistance) provides a much less risky and more profitable trade, as examples the AR and UTA price levels, with more to follow.
Great video, well explained the Wyckoff method. Despite different names, springs and thrusts are just divergence at opposite location. Tests are also divergence. Price turns after divergence, regardless the shape of the candle. I have read Wyckoff, Al Brooks and Bob Volman 's price action books. What they are in common is their methods are based on the observations within a framework of commonly accepted structure definition. They gauge the strength of the move or turning points as per these observations. What they lack is the rigorous definition of structures. To master these methods requires more art cells than science ones.
Scott, have you mastered the method enough to be able to trade consistently profitably? If so, could you recommend additional educational material on this topic?
Great video, please can you make one on Bitcoin. It seems it has just finished a full Wyckoff cycle between Sept 2020 to May 2021, and now it is in a new accumulation zone. I will really look forward to that Jack. Thank you !
@@JackCorsellis Thank you for your quick response, could you please do a short video explaining it? It'll help several people and I will share it with my 1200 Twitter followers to (@CryptoStorm3)
Another great video, with my 10 months experience of Forex trading and one thing I can assure you is having a mentor or a tutor constantly guiding you can go a long way in making you gain consistent profits.
It seems Con. Edwin Earl is well known and i do not know anything about him, can someone kindly fill me in on how he operates and conducts his business?
Great video on Wyckoff. I have been really getting into this method, I am pretty new to trading have had some decent success but also some losses. From what I have experienced though sitting back on the sidelines and watching the charts this method definitely seems the most effective and profitable method. Springs and selling climaxes I have recorded a lot and 90 percent of the time entering at these points always go in favour. Quick question for you... what about time frames? I see this pattern on one hour charts also, is it as effective on shorter time frames? Thanks for the great vid!
During accumulation phase, you mention that the "strong money" has bought up the asset. How do you know what is strong/smart money based off volume? Are you using an indicator? How do you know something isn't just sitting there?
This is really interesting. I need to explore this more. Thanks for introducing me to this pattern. Does this work for swing trading? I’m only swinging and not day trading Cheers
so do we buy at phase C to profit the most from this trading method SIR? But there wasn't any accumulation period during this COVID period it went down to the bottom in March 2020 and most stock bounced back up in April 2020. How do we know how long the accumulation period will be?
Lee...don't over complicate trading a analysis Look for ...it could be any asset chart Don't bring into play specifics like Covid Wyckoff isn't particularly useful Price moves up and down from ACCUMULATION & DISTRIBUTION ACC & DIS collect orders (longer the consolidation) the bigger the BREAKOUT & TREND to follow... Entry exit of trade is better documented by other strategies See RALLY (R) BASE (B) DROP RBR, RBD, + DBD, DBR QED !
That is a great question. You can label points like BC or AR usually after the next point is made. Once Phase A is complete, it is much easier to begin because you have the top/bottom of the range. To know if it is a Distribution or Accumulation Phase is studying the nuance of volume and price action. Where is volume increasing/decreasing? Effort (volume) vs Result (Spread)? And even with that, sometimes you can change your assumption a few times during the Phase. It takes practice and study....still won't get it right every time.
These “courses” should be tittle… “How to identify Wickoff Methods after they have occurred” 🤷🏻♂️😂 None of these “courses” do or show “How to detect a possible Wickoff Method during the development phase”
Had studied the Wyckoff before, but your explanation of each phase took my understanding to a whole new level 🔥
Thank you very much 🎖️💛
Thank you for watching Aime, glad it helped you! JC
Decent... I've seen this explain by others and it just when over my head and gave me a headache. But this was concise and straight to the point and simple. Thanks for sharing.
We are in the birthpains...last generation from 1948 prophecy
I watched this video a few times and your explanation is brilliant.
Thanks for the time you put into these videos.
Nicely done Jack! Short and sweet, and sets one up for more indepth studies.
For viewers not familiar with the terms at get-go, I found it very helpful to use the close captioning.
Thank you, much appreciated. JC
You can never understand the Wyckoff Method until you discover aspects of it on your own in a practical way. I can never take this video and start trading the FX markets with it unless someone took me thru a typical trading week with all its particulars and tricks. This may work perfectly for certain pairs at certain times of the day and not so perfectly for others.
Exactly
Thanks for watching
Studying this methodology. Great explanation you have put in there. Cheers.
Thanks George, great comment appreciate the support. JC
hows it going so far? are you making profits?
@@j.6407 try smh
Thank you for going into detail on how to identify entries and breaking down the moving parts of the Wyckoff Method. Brilliant instruction!
Thank you, Paul. JC
You're an absolute GEM! you deserve millions of subs. But tik tok traders don't watch real video on trading, unfortunately
But you do!
Thank you so much Jack. Your videos really help!👍😊
Happy to hear that! Thanks for watching
This channel is pure gold
Thank you. JC
20:00 Combined with price action of previous levels of resistance, entering at support (former resistance) provides a much less risky and more profitable trade, as examples the AR and UTA price levels, with more to follow.
Great video, well explained the Wyckoff method.
Despite different names, springs and thrusts are just divergence at opposite location. Tests are also divergence. Price turns after divergence, regardless the shape of the candle.
I have read Wyckoff, Al Brooks and Bob Volman 's price action books. What they are in common is their methods are based on the observations within a framework of commonly accepted structure definition. They gauge the strength of the move or turning points as per these observations. What they lack is the rigorous definition of structures. To master these methods requires more art cells than science ones.
Scott, have you mastered the method enough to be able to trade consistently profitably? If so, could you recommend additional educational material on this topic?
Thank you for a clear concise breakdown of the wyckoff method.
Where are you placing your stops? What’s your exit strategy? R:R? These things would taken your tutorial from good to great!
Watch recent videos on the channel
Amazing video🔥 Thank you🙏🏾❤️
I believe the line chart should be used to identify the system effectively
Thanks for watching
Really good explanation, simple & easy to understand.
Thanks Jack!
love this video man! Wyckoff is everything
PrecisionSnipez Sure is!
Sounds good, but will take attention from trading live trying to spot different phases. Just paying attention to liquidity is a simpler method.
Thanks for watching
Great video, please can you make one on Bitcoin. It seems it has just finished a full Wyckoff cycle between Sept 2020 to May 2021, and now it is in a new accumulation zone. I will really look forward to that Jack. Thank you !
Currently looking at a Phase C Spring developing. JC
@@JackCorsellis Thank you for your quick response, could you please do a short video explaining it? It'll help several people and I will share it with my 1200 Twitter followers to (@CryptoStorm3)
Great explanation. What is the WWV indicator at the bottom?
I don't use it anymore, prefer relative strength line.
What time frame do we use to see and use the strategy the different phases of wyckoff ...also what pairs can we use??
My 3 main timeframes are weekly, daily, 1hr.
Thank you for teaching us the whack off method. I look forward to applying your methods to mine
Another great video, with my 10 months experience of Forex trading and one thing I can assure you is having a mentor or a tutor constantly guiding you can go a long way in making you gain consistent profits.
Trading may be frustrating without constant supervision especially if you are newbie.
You have to master multiple strategies if you want to be an independent trader.
Erin Coleman I am also inexperienced can you tutor me or is there a way I can join your team?
Tried trading independently, it didn't work out for me, it is high time I hire a special adviser.
It seems Con. Edwin Earl is well known and i do not know anything about him, can someone kindly fill me in on how he operates and conducts his business?
Great video on Wyckoff. I have been really getting into this method, I am pretty new to trading have had some decent success but also some losses. From what I have experienced though sitting back on the sidelines and watching the charts this method definitely seems the most effective and profitable method. Springs and selling climaxes I have recorded a lot and 90 percent of the time entering at these points always go in favour.
Quick question for you... what about time frames? I see this pattern on one hour charts also, is it as effective on shorter time frames? Thanks for the great vid!
Supply and demand structures occur on all time frames due to the fractal nature of the market
@@JackCorsellis Thanks for the response :)
During accumulation phase, you mention that the "strong money" has bought up the asset. How do you know what is strong/smart money based off volume? Are you using an indicator? How do you know something isn't just sitting there?
Price action, volume, experience.
At the phase C is volume high or low
Brilliant explanation bro. Thanks
Can you please explain engineering liquidity please ❤ thank you
Think of a live auction where lots of people want 'the thing'.
Very precise explanation thanks for this🙏🏾
Thank you Richard. JC
This is really interesting. I need to explore this more. Thanks for introducing me to this pattern. Does this work for swing trading? I’m only swinging and not day trading
Cheers
I'm a swing trader. Join my Beginners Trading Academy for free, link in description. JC
I just got educated! Thanks to you:)
somto idafum You’re welcome, Somto. Thank you for watching.
Excellent Video. Can you explain difference between UT, UTAs, and Springs??
Detailed definitions are in my Introductory Course and parts of it you can access for free in my Beginner's Trading Academy. Links in description. JC
How can this method apply to futures if there’s unlimited supply? Doesn’t this method require an illiquid market, such as with stocks.
I like liquidity
What do change of character and change of behavior mean in the context of Wyckoff methodology?
A change. If the market has been trending and you see this expect a non-trending environment to form. JC
What time frame is best for the Wyckoff Method
All, but think about the Law of Cause & Effect. JC
This is great video. Thanks for taking the time. I'm using Wycoff pattern in my trading strategy.
Looks great in hindsight. So does GME and BTC.
Recommend watching some of my deliberate practice sessions. Thanks
What timeframe is ideal for wyckoff analysis on charts?
Swing trading daily and weekly. JC
How do spot when acc or dis is in a sloping formation?
Practice
so do we buy at phase C to profit the most from this trading method SIR? But there wasn't any accumulation period during this COVID period it went down to the bottom in March 2020 and most stock bounced back up in April 2020. How do we know how long the accumulation period will be?
Checkout my Beginner's Trading Academy which is free, it'll give you detailed answers to your question in their. JC
Lee...don't over complicate trading a analysis
Look for ...it could be any asset chart
Don't bring into play specifics like Covid
Wyckoff isn't particularly useful
Price moves up and down from ACCUMULATION & DISTRIBUTION
ACC & DIS collect orders (longer the consolidation) the bigger the BREAKOUT & TREND to follow...
Entry exit of trade is better documented by other strategies
See RALLY (R) BASE (B) DROP
RBR, RBD, + DBD, DBR
QED !
I got one doubt.... The spring and the ST looks same.. So how to u decide that's ST on the accumulation phase
Bayesian mindset
At 11.17 min why do you expect another accumo and not a redistro?...🤔
Its a fair assumption. You will not know that it was an accumulation zone, until the breakout happens
Awesome content. Thanks for this.
Thank you. JC
Please define SMART MONEY? Do you mean BIG MONEY? High volumes, or speculators exploiting low prices?
Nice explanation!
Thank you!
Thank you so much for this
Nicely done
Jack, the link to your website is invalid. The website can't be found.
Thank you. Do you mean Wyckoffeducation.com ? It should auto forward to my site www.primetradersclub.com
Amazing video, thank you
Thanks Nikko. JC
does it work with forex?
Sure does Gerald. JC
@@JackCorsellis thank you! 🤝
Can this be reconciled with the Elliot Wave theory?
Kind of
Nicely explained ty
Thanks Jeremy. JC
Do you trade forex too or just stock?
Just stocks, Wyckoff works on FX though as it's just supply and demand. JC
Good Stuff Bro !!
You're welcome Syed!
Thanks a lot!
I think I need the pre-beginner's guide.
good job brother thank you for shar
Thank you my friend! JC
Do you do crypto watchlists??
Stocks only. JC
Tesla is a perfect example of this right now
Thank you
Sir .. wycoff method is much tougher to understand than stan Weinstein method ...
Sure is! JC
EXCELLENT
Many thanks!
great explaination, thx
Thanks for watching. JC
How can we spot this in real time? Hind sight is always just perfect.
Subscribe to the Wyckoff Watchlist...
That is a great question. You can label points like BC or AR usually after the next point is made. Once Phase A is complete, it is much easier to begin because you have the top/bottom of the range. To know if it is a Distribution or Accumulation Phase is studying the nuance of volume and price action. Where is volume increasing/decreasing? Effort (volume) vs Result (Spread)? And even with that, sometimes you can change your assumption a few times during the Phase. It takes practice and study....still won't get it right every time.
@@probowie Great comment, thank you Boo Bowie! JC
@@probowie This is the most honest response to my question ever. You've earned my respect 100%. You on Twitter? I'd love to follow.
@@donniereidjr Thanks... @TheProBowie
Thx Jack!
Thank you for watching and your continued support! JC
Really good
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thanks
Thank you for watching. JC
Test comment. My comments keep disappearing.
haven't finished yet, seems good but sucks how fast he speaks...
Thanks for your support.
My wackoff methods needs a lot of kleenex
ممنون
These “courses” should be tittle… “How to identify Wickoff Methods after they have occurred” 🤷🏻♂️😂 None of these “courses” do or show “How to detect a possible Wickoff Method during the development phase”
do people fall asleep at your premium plan? throw in like 20 more ads, so it becomes completely impossible to watch
There's 4 ads and it's a 25 minute free video.
I had no problems watching...didn't have even 4 ads