Gary Fullett: Where to Look for Trades Using Wyckoff Principles

When
03/21/2019
5:30 PM - 6:30 PM
Location
Webinar

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Gary Fullett at LTG Trading: Where to Look for Trades Using Wyckoff Principles

Cost: Members only event -- free for members

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Mar 21, 2019 at 5:30 PM PT

Wyckoff Trader and Educator, Gary Fullett will present; 'Where to Look for Trades Using Wyckoff Principles'. He will demonstrate where to look for trades on the right hand side of the trading range. He will give us examples using the current markets.

More details:

The Wyckoff Method has three “laws” that define trading:

Effort vs. Result
Cause vs. Effect
Demand vs. Supply

Five trading steps Wyckoff followed.

1) Determine the trend and the position of
the stock or commodity.
2) Determine the relative strength or
weakness of the stock or commodity.
3) Trade the stock or commodity that gives
you the best chance for profit.
4) Determine the readiness of a stock or
commodity to move up or move down.
5) Time the trade of the individual stock or
commodity relative to the general
underlying market.

Volume and price are the only two indictors that are live and instantaneous. Other "indicators" are lagging, meaning something has to happen with price for them to give their indication. If one is to make a a decision, its always preferable to have the latest information, data, or other evaluative things to make that decision. That's what price and volume allows.

Being a former CME floor trader. Gary Fullett has seen the order flows from larger and small clients and understands the mechanisms and functions that the market serves.