Charting the Stock Market: The Wyckoff Method

Charting The Stock Market: The Wyckoff Method takes a modern look at a seminal way to use technical analysis: the Wyckoff method. Charting The Stock Market presents and explains how to use the Wyckoff method for investing and trading in stocks bonds and commodities. This method was first documented by Richard D. Wyckoff (a trader and market forecaster who started in the business in 1888 as a 15-year-old stock runner) and published in the 1930s. Charting The Stock Market applies these classic and time-honored principles to todays market. Back to the basics: The Wyckoff method principally uses price charting and volume studies as a means of analyzing and forecasting the stock market. It incorporates a common-sense approach to trading that emphasizes study practice and risk limitation. It also takes into account investor psychology and provides insight into how and why professional traders buy and sell issues. Charting The Stock Market takes the reader step by step through the Wyckoff method: first the basic principles; second examples of the method applied to the bond market; and third an outline of steps to put the method to use. Details of the Wyckoff method covered in this book include: point and figure charting trends price and volume studies on vertical charts stop orders forecasting wave charts & intraday group stock behavior stock selection criteria and much more ...