Wyckoff Method

Darc said:
Wykoff and Dow both came up with the Phases. Not sure who came first though. Weinstein' followed it and added in the 30 week MA etc.

@wxytrader is the greatest. We should all learn EW, coz price is already predetermined ... apparently.

I think Wykoff also thought price was manipulated by some mysterious force
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Wykoff developed a crude form of EW. He was on the right track, but Elliott improved upon it massively. This mysterious force wychoff thought manipulated the stock market was the fibonacci levels. Go to a bar or a grocery store and watch the lineups. When it is busy you will see the line up ebb and flow from busy to practically empty. This is EW at work in real time.
 
wxytrader said:
Wykoff developed a crude form of EW. He was on the right track, but Elliott improved upon it massively. This mysterious force wychoff thought manipulated the stock market was the fibonacci levels. Go to a bar or a grocery store and watch the lineups. When it is busy you will see the line up ebb and flow from busy to practically empty. This is EW at work in real time.
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You telling me Elliott Wave can help me to skip line ups at Coffee Shops and McDonald's even?
 
We dont ignore you,you are our contra indicator..

I personally use you to go long vol with a downward directional bias in the stocks you go long


wxytrader said:
Why is everybody just ignoring that I posted an example of wychoff...that's everything you need to know right there...no need for a book. Just learn EW instead.
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ok, I found "The Richard D. Wyckoff Method of Trading and Investing in Stocks". It is hard to find a Kindle version.

Wyckoff wave is great. I don't think EW is a great idea.
The analysis of waves is a process of dynamic analysis. also, volume is very important. EW never considers volume.
 
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Nothing precludes using volume with EW.

Most also don't use time and momentum along with price either.

Use all the tools all the time. - Gann
 
Gary186 said:
ok, I found "The Richard D. Wyckoff Method of Trading and Investing in Stocks". It is hard to find a Kindle version.

Wyckoff wave is great. I don't think EW is a great idea.
The analysis of waves is a process of dynamic analysis. also, volume is very important. EW never considers volume.
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What are you talking about? Wyckoff is just a crude form of Elliott wave lol... It's only slightly better than stage analysis . If you don't want to learn Elliott wave, that's one thing, but don't try to say the Wyckoff offers more.

I literally posted a chart with Wyckoff superimposed over Elliott wave to show you its shortscommings.

wxytrader said:
Why is everyone so ensconced with my positions lol...ftr I wasn't accumulating I was grabbing insane premium and pnl 16k of the hype. They could go bk and I'm not losing any money as 16k plus the premium I have been collecting is more than my total position.

Here is GME...as you can see Wyckoff its basically a crude form of EW. :)

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wxytrader said:
What are you talking about? Wyckoff is just a crude form of Elliott wave lol... It's only slightly better than stage analysis . If you don't want to learn Elliott wave, that's one thing, but don't try to say the Wyckoff offers more.

I literally posted a chart with Wyckoff superimposed over Elliott wave to show you its shortscommings.
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Professionals are taught Dow not EW.

EW lacks credibility.
 
You also posted your directional calls (CLSK/MARA/GME) to show us Elliot Wave shortcomings...






wxytrader said:
What are you talking about? Wyckoff is just a crude form of Elliott wave lol... It's only slightly better than stage analysis . If you don't want to learn Elliott wave, that's one thing, but don't try to say the Wyckoff offers more.

I literally posted a chart with Wyckoff superimposed over Elliott wave to show you its shortscommings.
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Darc said:
Professionals are taught Dow not EW.

EW lacks credibility.
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Thought we were talking about Wyckoff. Now you're bringing the ancient Dow theory??? LOL what are we trading gold and wheat?

There are no professionals in this business not when it comes to technical analysis. :)
 
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