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Month: June 2024

Beyond the Chart: Wyckoff’s 3 Laws to Unveil Market Psychology

These 5 steps are an overview of the Wyckoff method along with his three laws of price action 1. The law of supply and demand determines the price direction. This is his central principle and method of trading. When demand for a stock is greater than

How to use trading indicators like a pro

Technical indicators are mathematical calculations – or can even be something as simple as a trendline – that allow traders to identify when an asset is experiencing overbought or oversold conditions. It uses historic price, volume, and open interest information to forecast what direction the financial