Summary of Rubén Villahermosa Chaves's The Wyckoff Methodology in Depth
Distill Books
Availability:
Ebook in format. Available for immediate download after we receive your order
Ebook in format. Available for immediate download after we receive your order
Publisher:
Distill Books
Distill Books
DRM:
Open - No Protection
Open - No Protection
Publication Year:
2022
2022
ISBN-13:
9798350049190
Description:
Please note: This audiobook has been created using AI Voice.
Please note: This is a companion version & not the original book.
Sample Book Insights:
#1 The price does not move between two points in a straight line, but in a wave pattern. Each uptrend and downtrend is made up of numerous minor uptrend and downtrend waves. When one wave ends, another wave starts in the opposite direction.
#2 The market has entered the distribution phase. A market ceiling is formed and it is said that the big traders are finishing distributing the stock they previously bought. There is the entry of the last greedy buyers as well as the entry for sale of well-informed traders.
#3 When a market is rising, it will encounter resistance, and if it exceeds that resistance, it will turn. When a market is falling, it will encounter resistance, and if it exceeds that resistance, the price will turn. These are the pivot points that provide excellent locations to trade.
#4 The type of trading you will be doing should be determined in advance. It is difficult to have buy and sell positions at the same time, so it is best to start with long-term trading until you achieve consistent success.
Please note: This is a companion version & not the original book.
Sample Book Insights:
#1 The price does not move between two points in a straight line, but in a wave pattern. Each uptrend and downtrend is made up of numerous minor uptrend and downtrend waves. When one wave ends, another wave starts in the opposite direction.
#2 The market has entered the distribution phase. A market ceiling is formed and it is said that the big traders are finishing distributing the stock they previously bought. There is the entry of the last greedy buyers as well as the entry for sale of well-informed traders.
#3 When a market is rising, it will encounter resistance, and if it exceeds that resistance, it will turn. When a market is falling, it will encounter resistance, and if it exceeds that resistance, the price will turn. These are the pivot points that provide excellent locations to trade.
#4 The type of trading you will be doing should be determined in advance. It is difficult to have buy and sell positions at the same time, so it is best to start with long-term trading until you achieve consistent success.