[Flojomojo]

In this thread I’d like to discuss how Wyckoff ideas can be applied to Forex. As this should not become another VSA thread it should focus on how to judge the market by its price action alone.

For your convenience the most important Wyckoff terms can be found here.

[Flojomojo]

My first try can be found here in post #54.

I’ll also be annotating EUR/USD charts from the start of this year for study purposes. I’d be glad to see people join in the practicing and hope some of the Wyckoff pros throw in their wisdom and corrections as well.

For the hindsight analysis I will always be posting:
- a pdf file with two annotated charts:
(1) daily chart at the beginning of the week
(2) 15 minute chart of the weeks action
- an Excel file containing:
(i) a ‘raw’ version of the daily and 15 min charts for your annotation convenience
(ii) my annotated versions of the daily and 15 min charts
(iii) the data for the graphs

So here we go with the first week of 08.

[Flojomojo]

sorry...the pdf is missing one page...here's the correct version

[DbPhoenix]

As I told Flojo when he asked me about this prior to posting, a number of people have expressed interest in this, but few have followed through (and none in this Forum). I don't see the lack of volume (and please, let's not get into the tick volume nonsense again; those who just can't help themselves can peruse this; otherwise, all posts relating to "tick volume" will be deleted) as an impenetrable barrier. After all, Wyckoff didn't use volume in intraday trading except in the most general way; he used P&F.

So if interested individuals want to find some way of making it work, that's perfectly okay by me. All I ask is that VSA be left out of it.

[Flojomojo]

Here are my annotations from the second week of january (13th to 18th). This time I've also included the data of the previous week + a chart showing the most important ranges (DBs cajas famosas). These are then shown on the weekly chart as grey boxes next to price on the y-axis.

Feel free to comment and/or make your own analysis with the data.

Cheers,
Flojo

[Flojomojo]

@Firewalker: Which Wyckoff ideas do you incorporate in your trading?

[firewalker]

Originally Posted by Flojomojo »

@Firewalker: Which Wyckoff ideas do you incorporate in your trading?

Hi flojo, I'd say I try to use some ideas to the best of my ability:
- shorting a secondary high at resistance on lower volume
- buying the test after a selling climax
- taking a trade when price moves from a state of equilibrium (consolidation, congestion) to a state of strong directional moves

There's are just a few... I mean the ideas or the approach is not a fixed set of trading rules or tactics, so my 'interpretation' or my practical work-out might be different than others who use similar guidelines.

Btw: nice charts you have there!

[snackly]

Originally Posted by Flojomojo »

Here are my annotations from the second week of january (13th to 18th). This time I've also included the data of the previous week + a chart showing the most important ranges (DBs cajas famosas). These are then shown on the weekly chart as grey boxes next to price on the y-axis.

Feel free to comment and/or make your own analysis with the data.

Cheers,
Flojo

Thanks for the pics. Can I ask about a few of your acronyms on the notes?

1) wrb (does this mean wide range bar or wide range body?)
2) LWL