So by the rate of inflation until todays time, multipy that amount by 33.5 , Livermore made $33.5 million & $100 million within a short space of time, trading short then long respectively by understanding market flow between instruments. PTJ came ...

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His life seems close to that of George Best, the legendary Manchester United footballer, when he went bankrupt he was asked what happened to all his money in an interview with a reporter. He answered with a twinkle in his eye, "I spent all my money ...

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Dojis are indecision candles, best to look for context of where they occur. Usually there is past history at that price level.

Daily or Higher Timeframe Trading

Did you see the knockout punch by one trader to the other on the trading floor @9:36 ? LOL. That's when you have really lost it. Best results when trading without emotion ie. when drunk. but ofc I wouldn't recommend that. Market Patterns repeat over ...

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Just an opinion shared, maybe USDJPY indicates the way JPY is strengthening / weakening, whereas the DXY index is a broader spectrum and principally against the EUR as it's largest contingent. Also better to align with the higher trend, so for a ...

Daily or Higher Timeframe Trading

Inside the World of a Billionaire Speculator - Paul Tudor Jones Documentary video

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Amazing story of the Most Powerful Stock Trader on Wall Street : video

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Great quote from Wyckoff: "The Market does not beat them, They beat themselves, because though they have Brains, they cannot sit tight"

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Apart from the 2 Fridays, market was making new daily lows. Bigger picture can help with direction. Watch the pullbacks around 50% before trend continues, buying & selling at a discount.

Accumulation, manipulation, distribution

OCR LO - Opening Candle Range London Open Gives a small line under open & close of candle and the range in pips of that candle open to close, you can also name the session. You can place indicator more than once.

Accumulation, manipulation, distribution

As Chief Brody from Jaws says: "You're going to need a bigger boat , excuse me Hat. "

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You're definitely a Gambler then ............. Be Careful.

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Should we all be wearing these hats ? image

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Study the graphic and I have already mentioned how Wyckoff determines this. redfan has also provided links to further study.

Accumulation, manipulation, distribution

In consolidation zones, there is a lot of activity, mostly unseen by retail, between Buyers & Sellers until you have that Breakout & Retest. You cannot assume whether it is an accumulation or distribution phase until that confirmed breakout. Often ...

Accumulation, manipulation, distribution

There is a 2 hour Gap between US Markets Close 10pm (GMT) and Tokyo Open , although NZ & AUS may be open the volume is mostly light, hence the consolidation. Best observed with GMT +2 charts, as the Sunday Candles are eliminated.

Accumulation, manipulation, distribution

Wyckoff Cycle applies to all Markets as it is more grounded in the psychology of trading.

Accumulation, manipulation, distribution

Accumulation is where the Market is absorbing Sell Orders to push Prices higher and the Opposite for Distribution where the market is absorbing Buy Orders to push prices lower. Manipulation is when the market throws a fake breakout from these zones, ...

Accumulation, manipulation, distribution

That's what Higher TF analysis is for, to see where it's really heading, the up/down movements are Accumulation/ Distribution events which we can then nip inside of, on Lower TF's GJ made almost equal Highs yesterday to Mondays trading & just pipped ...

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