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How many thought of shorting as mkts tried to make new highs ?How many thinking about it now ?I picked the quotes because they encompassed some Wyckoff principlesIt is not about predicting a top or bottom ahead of timeOr catching knives etcIt is focusing on the underside of patternWyckoff suggests that We might be betterserved by looking at the selling waves to see when We should go longAnd looking at the buying waves to see When We should go shortThink of a see saw... What end do You focus on ? So as to correctly coordinate and be in harmony...Don't You watch the opposite end as it pushes off So You can naturally anticipate... Or do You just focus on Your half as if it was all there is and You make Your moves out of step and harmony with bad timing ?The quote on where the "springboard" is is VERY important..The more timely You determine .. The lower the risk the greater the rewardIn step and in harmony coordinated on the See Saw You are Safe from mostviolent actions.. No matter what the other end does You are ready" It moves and You move first " becauseSee saws and mkts move in waves up and down of, Buying and SellingBy focusing on waves and esp the contrary wavesWaves of a certain Price movement ( Direction ), Duration ( time ) , Volume and in the context of a certain position...The top of a rally etc can be determined... When You have enough evidence confirmation etc You act...Talent Skill experience build so You get better ( earlier ) in determining..You minimize risk You maximize returnYou recognize the context of what is happening and how it is happening.Is that low volume You might see a lack of demand ?or an absence of supply ?Two sides of the see saw.. But two sides that are connected !Demand and supply intersectWhat We see as two are one..Now, Working from sound principle..What is the limit ? I think the Sky..Think of Turf Betting.. The Horse races...The form aways moves away from the publicThey are always on the Beaten FavouritesAnd that is a losers gameWyckoff stated this in many ways...To make any profitYou must have a higher price at exit than entry ( longs )So It is about structure ( tops and bottoms ) and process/flow ( markup/markdown )All successful methods involve determining tops and bottomsin some sort of way .. It is just a case of how finely they can be determined and where the lowest risk and highest reward junctures really are..For a long... This has to be where the selling waves are tiny and have no following ( When the other side of the see saw starts to come down )for a short it is where the buying waves are mere ripplesA last point of supportA last point of supplyBuying and selling waves following each other gather followings andleave behind artifactslike the waves and winds leave behind patterns in rocksartifactslike moving averages etcYou can engage in the moment and just do it...."it moves and You move first" seems like magicBut it is really just watching both ends of the see sawWhen most people are only looking at one !piling on to the next "Beaten Favourite"as the waves of buying and selling unfoldmotorway
How many thought of shorting as mkts tried to make new highs ?
How many thinking about it now ?
I picked the quotes because they encompassed some Wyckoff principles
It is not about predicting a top or bottom ahead of time
Or catching knives etc
It is focusing on the underside of pattern
Wyckoff suggests that We might be better
served by looking at the selling waves to see when We should go long
And looking at the buying waves to see When We should go short
Think of a see saw... What end do You focus on ? So as to correctly coordinate and be in harmony...
Don't You watch the opposite end as it pushes off So You can naturally anticipate... Or do You just focus on Your half as if it was all there is and You make Your moves out of step and harmony with bad timing ?
The quote on where the "springboard" is is VERY important..
The more timely You determine .. The lower the risk the greater the reward
In step and in harmony coordinated on the See Saw You are Safe from most
violent actions.. No matter what the other end does You are ready
" It moves and You move first " because
See saws and mkts move in waves up and down of, Buying and Selling
By focusing on waves and esp the contrary waves
Waves of a certain Price movement ( Direction ), Duration ( time ) , Volume and in the context of a certain position...
The top of a rally etc can be determined... When You have enough evidence confirmation etc You act...
Talent Skill experience build so You get better ( earlier ) in determining..
You minimize risk You maximize return
You recognize the context of what is happening and how it is happening.
Is that low volume You might see a lack of demand ?
or an absence of supply ?
Two sides of the see saw.. But two sides that are connected !
Demand and supply intersect
What We see as two are one..
Now, Working from sound principle..
What is the limit ? I think the Sky..
Think of Turf Betting.. The Horse races...
The form aways moves away from the public
They are always on the Beaten Favourites
And that is a losers game
Wyckoff stated this in many ways...
To make any profit
You must have a higher price at exit than entry ( longs )
So It is about structure ( tops and bottoms ) and process/flow ( markup/markdown )
All successful methods involve determining tops and bottoms
in some sort of way .. It is just a case of how finely they can be determined and where the lowest risk and highest reward junctures really are..
For a long... This has to be where the selling waves are tiny and have no following ( When the other side of the see saw starts to come down )
for a short it is where the buying waves are mere ripples
A last point of support
A last point of supply
Buying and selling waves following each other gather followings and
leave behind artifacts
like the waves and winds leave behind patterns in rocks
artifacts
like moving averages etc
You can engage in the moment and just do it....
"it moves and You move first" seems like magic
But it is really just watching both ends of the see saw
When most people are only looking at one !
piling on to the next "Beaten Favourite"
as the waves of buying and selling unfold
motorway
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