Refining chart analysis Wyckoff method of trading stocks part 10 by Jack K. Hutson At this point in our examination of Richard D. Wyckoff's methodology for stock market analysis, we have explored all of the major tenets of this classic technique—from basic charting to the more esoteric consideration of trendlines, position sheets and chart interaction. Now, we are ready to pursue the technical refinements which distinguish slapdash amateurs from proficient and effective traders and investors. If this is your beginning foray into technical analysis, you may be feeling a bit overwhelmed by all that we've introduced about the Wyckoff Method. At this point, too, experienced technical traders may have the natural reaction to pick and choose pieces of Wyckoff's design and try to meld them with other, more familiar systems. |
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