What I have learned most is Effort Vs Result. The more effort the more result you would expect. I have no methology or risk-management but I applied what I now know too my Anglo American chart. I stepped into it bar by bar and this is the result. No spread, commision or tax is taken into account. Buy or Sell/Price/Exit/Result B/1244/1251/+7 S/1251/1233/+18 B/1233/1195/-38 S/1195/1207/-12 B/1207/1305/+98 S/1305/1186/+119 B/1186/1289/+103 S/1289/1378/-89 B/1378/1413/+35 S/1413/1477/-64 B/1477/1591/+114 Total +291 Acc 63% R/R 1.38 The basics of what I used. Supply Vs Demand (Increase in supply is a decrese in price) Effort vs Result (Large Effort and support followed by a small rise sugests strong effort on both sides. Small volumen the a rise suggests supply has one) This was my basic prsumption and this is my chart of Buy's and Sell's. Im happy with the base I have to work from. http://static.flickr.com/30/56513754_3d3d279954_o.jpg
You may be interested in the Yahoo Wyckoff board. Lots of info in the files section. H http://finance.groups.yahoo.com/group/Wyckoff-SMI/
My 1st attempt at defineing Accumilation. A few bits of feedback if anyone has any would be appreciated. http://charts.dacharts.com/2005-10-28/Example12.JPG