The Wyckoff Methodology in Depth: How to trade financial markets logically
Written by Ruben Villahermosa
Narrated by Dallin Bradford
5/5
()
About this audiobook
It is a Technical Analysis approach based on the study of supply and demand; that is, on the continuous interaction between buyers and sellers. The approach is simple: when well-informed traders want to buy or sell, they carry out processes that leave their traces on the chart through price and volume. The Wyckoff Methodology tries to identify that professional intervention to try to elucidate who is most likely to be in control of the market and enable us to pose judicious scenarios of where the price is most likely to go.
Why should you study this methodology, and why this book?
▶ Unique theoretical conceptual framework. This approach is based on a real underlying logic through its 3 fundamental laws:
- Law of Supply and Demand.
- Law of Cause and Effect.
- Law of Effort and Result.
▶ Price and volume analytical tools. We will understand that markets do not move in a straight line but in waves of varying degrees, which create trends and ranges.
▶ It provides context and roadmap. Thanks to the accumulation and distribution schemes we will be able to identify the professional's participation as well as the general market sentiment up to the present moment, enabling us to pose truly objective scenarios. The Events and Phases are unique elements of the methodology and help us to guide the development of the structures.
▶ It determines high probability trading zones. The Methodology provides us with the exact zones on which we will act, as well as examples of triggers to enter the market, making it as easy as possible to know where to look for trades. In addition, the book includes a section on position management where different configurations for setting stop losses and taking targets are discussed.
Related to The Wyckoff Methodology in Depth
Related audiobooks
The Risk of Trading: Mastering the Most Important Element in Financial Speculation Rating: 5 out of 5 stars5/5Trading for a Living Rating: 5 out of 5 stars5/5SUPPLY AND DEMAND TRADING: How To Master The Trading Zones Rating: 5 out of 5 stars5/5Trend Following: Learn to Make a Fortune in Both Bull and Bear Markets Rating: 4 out of 5 stars4/5Trading the Trends Rating: 5 out of 5 stars5/5Day Trading Strategies: How to Make Money Day & Swing Trading Rating: 4 out of 5 stars4/5Trading Strategy: The Algorithmic Strategies for Investing in Stocks Like a Genius Rating: 4 out of 5 stars4/5Technical Analysis: Trading Indicators and Charting Rating: 4 out of 5 stars4/5Advanced Technical Analysis For Forex: Take Your Technical Analysis To The Next Level For Greater Profits Rating: 5 out of 5 stars5/5Inside the Black Box: The Simple Truth About Quantitative Trading Rating: 4 out of 5 stars4/5ALGORITHMIC TRADING: A Comprehensive Beginner’s Guide to Learn and Win with Algorithmic Trading Rating: 5 out of 5 stars5/5Intraday Price Action Trading Strategies Rating: 5 out of 5 stars5/5Trading: The Secrets of Trading with Stocks, Forex and Commodities Exchanges for Day Trading or Long Term Investing Rating: 0 out of 5 stars0 ratingsTechnical Analysis of Stock Trends Rating: 4 out of 5 stars4/5Charting and Technical Analysis Rating: 5 out of 5 stars5/5Day Trade Online Rating: 4 out of 5 stars4/5Forex Trading Psychology Rating: 5 out of 5 stars5/5SWING TRADING: How to Easy-Make Profit With Stock And Forex Trading And Create Your Passive Income Rating: 0 out of 5 stars0 ratingsDay Trading for Beginners: The Ultimate Guide to Swing, Options and Forex Trading Rating: 0 out of 5 stars0 ratingsCFD Trading Crash Course Rating: 4 out of 5 stars4/5Stock Trading Rating: 5 out of 5 stars5/5
Personal Finance For You
Rich Dad Poor Dad: What The Rich Teach Their Kids About Money - That the Poor and Middle Class Do Not! Rating: 5 out of 5 stars5/5The Intelligent Investor Rev Ed. Rating: 5 out of 5 stars5/5Baby Steps Millionaires: How Ordinary People Built Extraordinary Wealth--and How You Can Too Rating: 5 out of 5 stars5/5The Intelligent Investor Rating: 4 out of 5 stars4/5Think and Grow Rich Rating: 5 out of 5 stars5/5Secrets of the Millionaire Mind: Mastering the Inner Game of Wealth Rating: 5 out of 5 stars5/5I Will Teach You to Be Rich: No Guilt. No Excuses. No B.S. Just a 6-Week Program That Works (Second Edition) Rating: 4 out of 5 stars4/5Hustle Harder, Hustle Smarter Rating: 5 out of 5 stars5/5How to Manage Your Money When You Don't Have Any Rating: 4 out of 5 stars4/5Change Your Paradigm, Change Your Life Rating: 5 out of 5 stars5/5Happier Hour: How to Beat Distraction, Expand Your Time, and Focus on What Matters Most Rating: 4 out of 5 stars4/5The Total Money Makeover: A Proven Plan for Financial Fitness Rating: 5 out of 5 stars5/5Die With Zero: Getting All You Can from Your Money and Your Life Rating: 4 out of 5 stars4/5Rich Dad's Increase Your Financial IQ: Get Smarter with Your Money Rating: 5 out of 5 stars5/5Killing Sacred Cows: Overcoming the Financial Myths that are Destroying Your Prosperity Rating: 5 out of 5 stars5/5The Bogleheads' Guide to Investing: Second Edition Rating: 5 out of 5 stars5/5The Only Investment Guide You'll Ever Need: Revised Edition Rating: 4 out of 5 stars4/5A Healthy State of Panic: Follow Your Fears to Build Wealth, Crush Your Career, and Win at Life Rating: 4 out of 5 stars4/5Learn to Earn: A Beginner's Guide to the Basics of Investing Rating: 5 out of 5 stars5/5Financial Feminist: Overcome the Patriarchy’s Bullsh*t to Master Your Money and Build a Life You Love Rating: 5 out of 5 stars5/5Rich Dad's Cashflow Quadrant: Guide to Financial Freedom Rating: 5 out of 5 stars5/5Rich Dad's Guide to Investing: What the Rich Invest In, That the Poor and Middle Class Do Not! Rating: 5 out of 5 stars5/5The Millionaire Next Door: The Surprising Secrets Of Americas Wealthy Rating: 5 out of 5 stars5/5Entreleadership: 20 Years of Practical Business Wisdom from the Trenches Rating: 5 out of 5 stars5/5
Reviews for The Wyckoff Methodology in Depth
28 ratings3 reviews
- Rating: 5 out of 5 stars5/5Good book. But listening to audio doesn’t help me absorb the the info with technical knowledge. It’s personal for everyone of course. I saw that they also have the book format, so I’m going to read along while I listen. The book might have some examples
1 person found this helpful
- Rating: 4 out of 5 stars4/5This book is overwhelming especial if you have passed through Elliot wave principle and also combine it with context price action …..Your results must be superb....
- Rating: 5 out of 5 stars5/5One of the best book on Wyckoff method of market analysis I have read so far. Explanations are clear and concise.