pocketwisetrader

Quark, Good suggestion. I reviewed that material and it is very well organized and explained. Also his book is also worth reading...

This stopping bar is vey wide than regular bar with huge volume. I cant see the left side of the chart but most likely it would have broken down from some pivot swing level. This is a big bearish action and follow through or new range should develop here. Because this big down bar may create weak emotional stste in the market and weak holders comes back to offload their holding.....

I cant reply long now but in nutshell wyckoff MEthod is not easy to get used too.... U need hours of study and chart reading to master it If u r looking for shortcut this is not for u But i guarentee u once u become good at it u can almost trade in any market and in any timeframe. U wont need any indicator to take trade. U will be using most fundamental thing in the market, price and. VOlume to trade

Good discussion, especially for beginners as they r always looking for this answer... As they say not every fbi agent has life like 007 .... Not every trader end up being rich. In fact, most end up loosing most of their investment. I love trading and it is like true passion for me. Yes, i ha e lost money and spent many months bei g fustrated until i study in this field. I read many books and devloped my own technique to find trades.... In reality once you have your simple method setup. Trading can be a real fun. As long as u live in reality and aware about market dynamics..u will do good I dont do this fulltime but this is my fun parttime job. May be one day i will work in this field then will think about working on my own