Latest Energy Charting episodes have been dedicated to the basic strategy of chart studying innovated by Richard D. Wyckoff. He referred to the tactic as ‘Tape Studying’ whereas it’s really the strategy of studying charts, bar by bar to evaluate the possible future route of an index, inventory, bond or futures contract. This worth and quantity chart studying methodology is as highly effective and related because it was a century in the past when Mr. Wyckoff was efficiently using it. Utilizing the Case Examine strategy we utilized at Golden Gate College (GGU), the latest episodes of Energy Charting have largely targeted on such a evaluation.
The present Energy Charting (hyperlink beneath) has a Distribution case examine of United Parcel Service (UPS). Mr. Wyckoff built-in Vertical Bar Chart evaluation with Level and Determine research subsequently we do the identical on this case.
The Wyckoff Neighborhood have enthusiastically embraced these research and have requested for extra of them. I’m all for it. Chart studying is about probably the most enjoyable a Wyckoffian can have! This bar by bar evaluation of worth and quantity is a meticulous course of that after understood can reap enormous rewards. It’s a mastery talent. Wyckoffians will examine and markup 1000’s upon 1000’s of charts, discovering their mastery path persevering with to ever larger ranges. My mission, in these circumstances, is to assist you in your private market mastery journey.
All of the Greatest,
Bruce
@rdwyckoff
Disclaimer: This weblog is for academic functions solely and shouldn’t be construed as monetary recommendation. The concepts and techniques ought to by no means be used with out first assessing your personal private and monetary state of affairs, or with out consulting a monetary skilled.
Energy Charting Video: Tape Studying for Distribution
Video Index
00:00 Intro
02:03 New StockCharts Index Members Web page
10:43 Pruden Mannequin – Distribution Definitions
11:30 Wyckoff Guidelines
11:43 Lengthy Time period Weekly Chart (UPS)
14:00 Level & Determine Massive Image (UPS)
15:18 Tape Studying Motion (UPS)
21:54 Level & Determine (UPS)
Reference to Wyckoff Distribution definitions: CLICK HERE
Bruce Fraser, an industry-leading “Wyckoffian,” started educating graduate-level programs at Golden Gate College (GGU) in 1987. Working carefully with the late Dr. Henry (“Hank”) Pruden, he developed curriculum for and taught many programs in GGU’s Technical Market Evaluation Graduate Certificates Program, together with Technical Evaluation of Securities, Technique and Implementation, Enterprise Cycle Evaluation and the Wyckoff Methodology. For practically three a long time, he co-taught Wyckoff Methodology programs with Dr.
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