The Wyckoff method: do you use accumulation and distribution?
Wyckoff's century-old method describes how markets move between accumulation, markup, distribution and markdown — with phases and schematics. Traders either love its structure or find it unfalsifiable.
Where do you stand?
- the Wyckoff concepts you actually use
- how you identify a phase in real time
- the schematic that failed you
The support and resistance guide shares some of the same ground.
Background: Support and resistance: how traders mark price levels
Support and resistance are the most widely used ideas in chart reading. How to find levels, why they work as zones, and what happens when they break.
What is support and resistance in forex?
Support is a price area where falling prices have tended to stop, and resistance is an area where rising prices have tended to stall, often because many orders cluster there.
What happens when support breaks?
The price often falls further, and the old support level frequently acts as resistance if the price comes back up to it.
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