Latest Energy Charting episodes have been dedicated to the traditional strategy of chart studying innovated by Richard D. Wyckoff. He referred to the tactic as ‘Tape Studying’ whereas it’s truly the strategy of studying charts, bar by bar to evaluate the seemingly future route of an index, inventory, bond or futures contract. This value and quantity chart studying technique 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 centered on such a evaluation.
The present Energy Charting (hyperlink under) has a Distribution case examine of United Parcel Service (UPS). Mr. Wyckoff built-in Vertical Bar Chart evaluation with Level and Determine research due to this fact 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 value and quantity is a meticulous course of that after understood can reap enormous rewards. It’s a mastery ability. Wyckoffians will examine and markup 1000’s upon 1000’s of charts, discovering their mastery path persevering with to ever increased ranges. My mission, in these circumstances, is to assist you in your private market mastery journey.
All of the Finest,
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 scenario, 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 instructing graduate-level programs at Golden Gate College (GGU) in 1987. Working intently 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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