OP and others, My read of Wyckoff is that he was a big picture trader, broad market stuff NOT intraday day trader Why I mention this is the one post on the first page listing thoughts or comments minute by minute, enough crap to make my head spin===seems to have nothing to do with Wyckoff
Thanks for the response nursebee. Its correct that division 1 of Wyckoff course deals with the larger moves, however division 2 was written with the express purpose of detailing intraday 'tape reading' trading. Both can be found over at TL :http://www.traderslaboratory.com/forums/wyckoff-forum/3877-introduction.html#post68511 And as to the bad case of verbal diarrhoea from the observations of a previous session. That is precisely why I've undertaken this process to reboot my trading. I had read Wyckoff but not absorbed it. The first step to recovery is admitting you have a problem... Hopefully I can look back in a while and take note of how far I've come.
I want trading results as evidenced by growing balances. If you just wanna stroke yourself differently...
Another update. Going back and really studying, not just reading Wyckoff means that posts like these are really resonating with me now.... Viewing the market in terms of the quality of Supply and Demand has been a fundamental shift in thinking, and I feel like I'm finally getting closer to viewing the market the way I want to. So I'm kicking off my observation phase tomorrow and I'll also start reviewing / analysing the backtesting I did last week.... Back to my 'Journey' with the borogroves