I use a base of economics (labor market, rates, inflation, ect) and economics + Supply and demand.
I first look for whether we are in premium or discount on a relatively high timeframe
I get a sense of directional bias using a line at the bottom of the last accumulation/reaccum or top of the last distro/redistro which when crossed will tell me the technical presence of sellers or buyers in control.
I use my base to form long or short bias.
Pro trend trades are full sized
Counter trend are half sized and more selectively picked.
I look for manipulation in accumulations/reaccums/distros/redistros
Once I identify manipulation I grade them based on how many manipulations I have seen.
The S+ grades I will trade the mitigation or absorption in the form of pullbacks to continuations.
Anything less I will only trade if given strong enough volume and signs of weak or strength
Countertrend trades I wait for break of structure using accum+reaccum or distro+redistro.
Pro trend trades I simply trade validated manipulation in accums or distros alone.
HTF I wait for us to reach premium or demand using a fib measure .5-.8
LTF I zoom in once we reach these levels and attempt to find micro schematics using the criterias above.
I put my entries on .5 (SL at .8) and .8 (SL at end of fib scale).
I’m looking for a groupchat to join or if anybody wants to join mine to trade wyckoff and discuss trades together? Thanks.
submitted by /u/TradeResearchAccount to r/Wyckoff
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