What Is Wyckoff?

Wyckoff trading is a method of technical analysis that traders have used for over a century. It was developed by Richard D. Wyckoff, a prominent Wall Street trader and analyst, and it is based on the idea that markets move in cycles of accumulation and distribution within institutions such as banks and hedge funds.

Wyckoff trading is a versatile and flexible approach to the markets, suitable for both short-term and long-term traders. It involves analyzing market structure, volume, and price action to identify trends using patterns called schematics.
The four phases/Wyckoff schematics are Accumulation, re-accumulation, distribution, and redistribution. This method can be applied to any market and time frame, making it a valuable tool for traders of all levels.

How to Learn Wyckoff

The Smart Money Playbook e-book is a great way to learn about Wyckoff trading and how to apply it in your own trading. The e-book can provide a comprehensive overview of the Wyckoff method, including its key concepts, techniques, and strategies.

The main benefit of the Smart Money Playbook is the printed schematics using candle sticks that also reference order blocks and imbalance placements, including entries and exists.

This can help you understand the institutional methods and how to apply them in real-world trading situations.

The Smart Money Playbook provides a self-paced learning experience. You can go at your own speed and revisit the material as many times as you need to fully understand the concepts.

The e-book format also makes it easy to reference the material when trading and to keep it as a reference for future use.

Whether you're a beginner smart money trader or an experienced Wyckoff trader, a solid understanding of Wyckoff trading can help you make better-informed trading decisions and achieve your financial goals.