Wyckoff accumulation - distribution simplified
Updated
That is what makes it all so interesting to me.
If several people (or the market players in general) come up with different models using different logic but all conforming to the same market movements over the long term then, to me, it means there is validity to analyzing these markets using said models.
It matters little which ones (or combinations in my case) one uses so long as one understands how they can be used in context to support a trading idea. Of course, one must backtest and practice using the models/theories within a methodology for both recognizing and executing a trading idea.
Best regards EXCAVO
If several people (or the market players in general) come up with different models using different logic but all conforming to the same market movements over the long term then, to me, it means there is validity to analyzing these markets using said models.
It matters little which ones (or combinations in my case) one uses so long as one understands how they can be used in context to support a trading idea. Of course, one must backtest and practice using the models/theories within a methodology for both recognizing and executing a trading idea.
Best regards EXCAVO
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