ilmscore | All Wyckoff Trading Secrets in 73 Minutes (Complete Method)

Predictions from this Video

Total: 31
Correct: 0
Incorrect: 0
Pending: 31
Prediction
Topic
Status
Longer trading ranges (accumulation/distribution phases) generally precede and lead to longer, more significant price trends (cause and effect).
"in general according to wov the longer the cost the greater the effect so to visualize this if we just have a short trading range maybe the trend for this uh after the trading range will only be short but if we have a very very long trading range many times the trend that comes from this range will be much longer as well so the longer the cost the greater the effect"
Market Trends
Pending
When volume (effort) and price movement (result) align (converge), the current market trend is likely to continue.
"when the effort and results align the trend tends to continue"
Market Trends
Pending
When volume (effort) and price movement (result) diverge (go in opposite directions), it signals a potential market reversal.
"when they diverge so when effort and result goes in opposite direction this is a sign of a potential reversal"
Market Reversal
Pending
High volume with little price movement (effort without result) can indicate hidden opposition and potentially lead to a market reversal.
"if we have high volume effort and but the price is just seen seeing little progress so we might have lots of volume but little price movements this can actually be a hidden opposition and might lead to a reversal"
Market Reversal
Pending
Price falling with little volume indicates a divergence between effort and result, suggesting a potential market reversal.
"if we have the price falling here but we only have little volume remember this is a Divergence between the effort and result so this is actually an indication of a potential reversal"
Market Reversal
Pending
Identifying genuine Wyckoff Springs in an accumulation phase often presents excellent buying opportunities.
"if we as Traders can find real Springs these are usually excellent buying opportunities"
Trading Opportunities
Pending
For a strong uptrend to continue, volume should ideally increase during upward price moves (impulse moves) and decrease during downward price corrections (pullbacks).
"in order to have a strong uptrend what we preferably want to see is that we want to see that volume expands when the price goes up and contract on pullbacks... This is the best case scenario if we want to have a strong uptrend"
Market Trends
Pending
Uptrends can experience reaccumulation phases, characterized by a pause or trading range, before continuing the upward trend.
"these uptrends may include something called reaccumulation so we can have an uptrend that goes like this higher highs higher lows but then it might have a pause here with a trading range for actually continuing the uptrend"
Market Trends
Pending
The distribution phase typically marks the market topping out before the start of a significant downtrend.
"this is usually when the price really starts to top off before a large downtrend"
Market Reversal
Pending
Profit-taking by large operators (smart money) during a distribution phase can slow down an uptrend and eventually bring it to a halt due to increased selling pressure.
"this can actually slow down the trend and eventually the trend can lead to a halt because all of the selling pressure all of the supply from the smart money can make the uptrend you know basically stop"
Market Trends
Pending
During a distribution phase, the market trend will initially fail to make new highs, followed by the appearance of lower highs.
"first off you usually might see you know just the trend failing to break to new Highs but eventually you will you will also start to see lower Highs coming in"
Market Trends
Pending
During a distribution phase, rallies (up moves) may see volume spikes but are ultimately expected to fail.
"volume May Spike on up moves but their rallies will eventually fail"
Market Trends
Pending
The start of a markdown phase typically initiates a self-reinforcing cycle of fear and increased selling, leading to rapid price declines.
"once the markdown starts that usually leads to fear which can leads to even more selling leads to even more fear and that is a very bad cycle to get stuck in"
Market Trends
Pending
The markdown phase (downtrend) generally persists until selling pressure is exhausted and smart money begins to accumulate, leading to the formation of a new accumulation phase.
"the markdown phase usually continues until selling exhausts and new accumulation forms so in order to stop this... markdown face according to wov we need to see smart money stepping in once again to start to... push up the demand and eventually hopefully getting this markdown to an end"
Market Trends
Pending
Preliminary Support (PS) in Wyckoff theory often represents the last or second-to-last pullback within a downtrend.
"most of the times this will actually be the sort of last or the next to last pullback within the downtrend"
Market Trends
Pending
An increase in volume around Preliminary Support (PS) often indicates that smart money is beginning to buy.
"if smart money starts to buy we usually see some increase in volume"
Market Signals
Pending
The lowest point of a selling climax often closely approximates the lowest boundary of the subsequent Wyckoff accumulation range.
"the bottom of the selling climax as you can see is often very close to the low of the wov accumulation range"
Market Patterns
Pending
Excessive selling pressure in the market is almost always followed by an automatic bounce (Automatic Rally).
"too much selling pretty much always leads to this automatic bounce"
Market Reversal
Pending
Increased volume during Preliminary Supply (PSI) often indicates that smart money is entering the market to sell.
"increased volume means uh many times it means that we are seeing smart money the people with lots of capital and money stepping in to the market"
Market Signals
Pending
During a Buying Climax (BC), smart money typically begins to sell their positions.
"we usually see smart money actually starting to sell their position"
Market Signals
Pending
The Buying Climax (BC) usually occurs near the high of the distribution range, though subsequent Upthrusts (UTs) can sometimes exceed it, but generally stay around the same level.
"the BC event tends to be near the high of the range... but we have a few points that can definitely be even higher than the buying climax but they should be at at least around the same level"
Market Patterns
Pending
After a Buying Climax (BC), an automatic pullback or reaction in the opposite direction is typically observed.
"after that we usually see an automatic pullback an automatic move in the opposite direction"
Market Reversal
Pending
Upthrusts (UTs), which are false breakouts above resistance where smart money sells and pushes the price back down, typically offer excellent short-selling opportunities.
"the up thrust or UT... is when the price quickly pushes above above resistance but smart money starts to sell and pushes the price back down these are usually amazing short opportunities"
Trading Opportunities
Pending
If smart money buys too aggressively during accumulation, it can prematurely initiate an uptrend.
"if they buy too much that might start an uptrend"
Market Trends
Pending
High volume in market activity is likely indicative of smart money involvement.
"when we see lots of volume it's likely that smart money is involved"
Market Signals
Pending
Significant volume confirms price movements, making them more impactful and reliable.
"when we see lots of volume it makes the move more significant"
Market Signals
Pending
A breakout above resistance without a significant increase in volume is more likely to fail.
"if you look down to the volume you can see that we saw no uh significant increase in volume this makes the breakout more likely to fail"
Market Breakouts
Pending
High volume occurring at a support level usually indicates absorption of supply, which is a bullish signal.
"when we see high volume at support it usually usually indicates absorption and that is very bullish"
Market Signals
Pending
High volume occurring at a resistance level usually indicates distribution (selling by smart money), which is a bearish signal.
"when we see a high volume at resistance this usually indicates distribution and that is bearish"
Market Signals
Pending
Significant spikes in trading volume (volume climaxes) often mark potential turning points in the market.
"volume climaxes can often Mark turning points so when we see significant spikes in volume... they are usually significant events"
Market Reversal
Pending
A healthy uptrend is characterized by high volume during impulse moves (upward price action) and low volume during pullbacks (downward corrections).
"low volume on pullbacks in an uptrend is healthy... we want to see lots of volume on the impulse U moves and less volume on the pullbacks"
Market Trends
Pending