Wyckoff Method

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.

 

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

 

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.

 

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

 

You got that right..

And EWave or not if you can't take a loss,you shouldn't trade

 

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.

 

Professionals are taught Dow not EW.

EW lacks credibility.

 

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

 

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.