Swing Trading For Beginners - Wyckoff Trading Method & Swing Trading Strategies
Swing Trading For Beginners - Wyckoff Trading Method & Swing Trading Strategies. Explained Wyckoff Trading Strategy For Swing Trading. One of the very simple yet effective price action trading strategies.
In this Swing Trading Strategies video I have covered a simple trading strategy based on Wyckoff Trading Method. Concepts explained in this Swing trading video are based on teachings of Richard Wyckoff on the subject of Trading Ranges. I have begun this video on Swing trading by explaining the very basics of Wyckoff Trading Method Of Accumulation and then explained each of Wyckoff Trading Strategy phases in detail.
I have explained key terminologies used in Wyckoff trading method and then explained those in detail in Phase A, Phase B, Phase C, Phase D & Phase E. Wyckoff Trading Method focuses on identifying shift in demand and supply within a trading range and this is immensely helpful for Swing trader as one can prepare for swing trade based on risk reward for trade.
I have tested Wyckoff Trading Method for Swing Trading on Nifty, Bank Nifty, S&P 500 and select key stocks and this swing trading strategy works exceptionally well across these instrument. Towards the end of this Swing trading video, I have applied concept of Wyckoff trading method on Bank Nifty and shown how at times swing trader needs to adapt to certain variations of this pattern.
First 5 Parts of Swing Trading Strategies focus Swing Trading For Beginners where emphasis remains on explaining basics of What is Swing Trading and How to Swing Trade. From Part 6 On
wards, I have covered various videos on Swing Trading Strategy.