Beruflich Dokumente
Kultur Dokumente
April 8, 2019
session #14
Roman will be presenting on April 11 at 9am PDT at the Next webinar sessions for WYCKOFF RELATIVE AND COMPARATIVE ANALYSIS series:
Market Watchers Live at StockchartsTV! Last class - April 15th at 3:00-5:30pm PDT
Homework submission: All homework assignments should be submitted in ONE file per person in .pptx, .pdf or .doc
formats. Please include your first name and the first letter of your last name in the homework file name, e.g.,
“Thomas B_WTC Homework 1”. All assignments should be submitted to Roman’s personal email.
Re-send your questions for session #15
The remainder of the WTC classes will be more interactive; students who would like to participate in discussions
should have a working headset with a built-in microphone.
It should not be assumed that the methods, techniques, or indicators presented will be profitable or that they will not result in losses. Past
results of any individual trader or trading system published by Presenter are not indicative of future returns by that trader or system, and
are not indicative of future returns which will be realized by you. In addition, the indicators, strategies, articles and all other features of
Presenter's products are provided for informational and educational purposes only and, again, should not be construed as investment
advice. Accordingly, you should not rely solely on the Presenter’s information in making any investment. Rather, you should use the
Presenter’s information only as a starting point for doing additional independent research in order to allow you to form your own opinion
regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any
investment.
HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE
RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND DO NOT INCLUDE BROKERAGE AND OTHER FEES, OR SLIPPAGE.
ALSO, IN SIMULATED PERFORMANCE RESULTS NO TRADES HAVE ACTUALLY BEEN EXECUTED, AND THEREFORE THE RESULTS MAY HAVE
UNDER- OR OVER-COMPENSATED FOR THE IMPACTS OF A VARIETY OF MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED
TRADING PROGRAMS, IN GENERAL, CAN ALSO BE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT
ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.
4.8.2019 4.15.2019
MARKET WYCKOFF
Trading Plan
Long- and short-term environment
PRICE STRUCTURE
SECTORS Wyckoff Phases and events
Current leadership and rotation
VOLUME AND PRICE
INDUSTRY GROUPS Bias
Timing
Current leadership and rotation Character
TACTICAL SCENARIOS
STOCKS Confirmations and failures
Current leadership and rotation
EXECUTION PLAN
Points of entry
WATCH LIST Stop-losses
Current leadership universe Point of exit
Sector Leadership
Groups Leadership
and
Groups Rotation
Group
Stocks
ACMR – Top leadership + Rotation
ASYS – Top leadership + Rotation
WYCKOFF
Trading Plan
PRICE STRUCTURE
Wyckoff Phases and events
TACTICAL SCENARIOS
Confirmations and failures
EXECUTION PLAN
Points of entry
Stop-losses
Point of exit
POINTS OF ENTRY
STOP-LOSS
MANAMGEMENT OF STOP-LOSS
EXIT
CASE STUDY: GMRC
BO of BU
Phase |C| Phase |D|
BU or SSTR
LPS
LPS or Tests
LPS or attempt
to Spring
AR
Phase A
Change of Leadership
Points of Exit
POEx #1 = Climactic Action SL #9
POEx #2 = ChoCh Bar on CHoCH reaction
Re-Accumulation POE #4
SL #8
POE #1
SL #6
BUY zone SL #5
Commitment
POE #1
Stop-Loss
Original SL #1
www.WyckoffAnalytics.com Copyright © 2019 Wyckoff Associates, LLC. All Rights Reserved.
CASE STUDY: GMCR - Wyckoff Selection (1)
BUC area
and SS
LPS
Distinction: Wyckoff POE on Spring, minor LPS and BUC
1. Identify a “BUY” zone: These zones are located at the places of
primary buying opportunities: spring #3, test of spring #2 (or SO), BUC
and LPS. Test of spring
2. Two ways to buy: 1) Identify a small spread/volume day at the place
of primary buying opportunity and BUY; 2) BUY if the price is running Spring
away decisively from a place of primary buying opportunity.
3. Original stop-loss placement: Below recent reactionary support.
4. Movement of stop-loss: Keep SL 2 support levels away.
“BUY” zone
Stop-loss
BO of BU
BU
SOS Bar
Spring
Original SL #1
www.WyckoffAnalytics.com Copyright © 2019 Wyckoff Associates, LLC. All Rights Reserved.
Stop-Loss techniques: Additional SL ideas
Stock #1
Stock #2
Stock #3
Stock #4
Stock #1 Stock #2
Stock #3 Stock #4
Task:
Chose a stock (or stocks) at the market top that has the following characteristics:
1. A stock is in the distribution/redistribution range
2. A stock is either in Phase C, D or E
3. A stock that has the most potential to advance down on the next down swing
Chose the chart(s) at the market bottom that has the following characteristics:
1. A stock is in the accumulation/re accumulation range
2. A stock is either in Phase C, D or E
3. A stock that has the most potential to outperform on the next up swing
Goal:
To practice identifying a stock that is stronger before upswing or weaker before downswing and that is ready to
advance after the market reversal.
Stock #2 Stock #3
Stock #2 Stock #3
Stock #2 Stock #3
Stock #2 Stock #3