Price and volume analysis is one of the most effectiveapproaches to market analysis. It was pioneered by Richard Wyckoff,who worked on Wall Street during the golden age of technicalanalysis. In Trades About to Happen, veteran trader DavidWeis explains how to utilize the principles behind Wyckoff's workand make effective trades with this method.
Page by page, Weis clearly demonstrates how to constructintraday wave charts similar to Wyckoff's originals, drawsupport/resistance lines, interpret the struggle for dominance intrading ranges, and recognize action signals at turning points.
- Analyzes markets one bar chart at a time, which recreates theambiguity of actual trading
- Emphasizes reading price/volume charts without a secondaryreliance on mathematical indicators
- Includes a short study guide in the appendix to help readersmaster the material
Filled with in-depth insights and practical advice, TradesAbout to Happen promises to be the definitive work on utilizingWyckoff's classic methods in today's turbulent markets.