The WTC Part I covers three foundational aspects of Wyckoff analysis
Price Structural Analysis
The Price Cycle Recognition of institutional presence and activity throughout the entire Price Cycle: Accumulation, Mark-Up, Distribution and Mark-Down
Behavioral Market Analysis Understanding the motivation and behaviors of different groups of market participants, including the Composite Operator, at different junctions within the Price Cycle
Change of Character Identification of changes in behavior and the overall change of character from a trending to a non-trending environment and vice versa
Wyckoff Phase Analysis Recognition of Wyckoff Phases within a trading range as timing tools
Wyckoff Events Structural signals in a trading range — including climaxes, tests, springs, upthrusts, and signs of strength — that signal and confirm the emergence of Wyckoff Phases
Re-accumulation vs. Distribution Distinguishing typical characteristics of these trading ranges in order to properly analyze Wyckoff Phases and Events
Supply and Demand Analysis
Supply and Demand Understanding the two forces that move all markets — this is the cardinal principle underlying the Wyckoff Method and several other approaches to technical analysis
Effort (volume change) versus Result (price action) Confirmation (harmony) and failure (divergence) as technical analysis tools to predict future price behavior
Volume and Spread Analysis (VSA) Bar-by-bar analysis of price and volume action to predict the most probable near-term move in market direction
Volume and Swing Analysis Swing-by-swing analysis of price and volume action to help anticipate when and where the next large opportunity is likely to occur
Volume Phase Analysis Identification of volume signatures characteristic of specific phases of accumulation and distribution trading ranges
Relative and Comparative Strength Analysis
Comparative Analysis Foundations of comparing multiple instruments to each other in order to gauge potential future outperformance
Relative Analysis A modern tool for comparative analysis of different financial instruments and how to choose the best ones to trade
Advantages of Relative Strength Understanding the benefits of applying relative strength analysis to select the best trade candidates, particularly at market turns
Top-Down Analysis Introduction to top-down analysis of sectors, industry groups, and stocksWhat students are saying about the Wyckoff Trading CourseAbout the Instructor
Roman Bogomazov is a trader and educator specializing in the Wyckoff Method of trading and investing, which he has taught for the last five years as an Adjunct Professor at Golden Gate University. He is also the founder and President of Wyckoff Analytics, LLC, an enterprise providing online Wyckoff Method education to traders throughout the world (www.wyckoffanalytics.com). Using WyckoffAnalytics.com as a thriving trading community platform, Roman has developed a comprehensive educational curriculum covering basic to advanced Wyckoff concepts and techniques, as well as visual pattern recognition and real-time drills to enhance traders’ skills and confidence. A dedicated and passionate Wyckoffian, he has used the Wyckoff Method exclusively for his own trading for the last 20 years. Roman has also served as a Board Member of the International Federation of Technical Analysts and as past president of the Technical Securities Analysts Association of San Francisco.FAQsI may need to miss one or more classes. Will I still be able to watch recorded sessions?
Although you can watch these classes live, it is not necessary to do so. All sessions are recorded and made available, together with their accompanying slides, on our password-protected website.As an enrolled student, will I have opportunities to ask questions?
Yes, we want you to understand the materials, so we provide many opportunities to ask questions. If you have a question about homework assignments, we generally review these material and homework in the following class. If the question is about methodology, we approach all such topics in depth during the classes. These kinds of questions may also be asked during the last Q & A session of each course. We usually address questions about the current market or “last-bar” analysis charts during the Wyckoff Market Discussion on Wednesdays.In general, how long does it take to master the material?
Our students often report a major improvement in their Price Structure and Volume Analysis after the first 2-3 months of study. It takes time and deliberate practice to incorporate the knowledge and to develop visual pattern recognition capabilities. Usually graduates of our first WTC course enroll in WTC Part 2 to sharpen their execution and visual skills. Many students have reported that it has taken them about 1-1.5 years to feel competent with Wyckoff Analysis.I am newcomer to trading and technical analysis. Is the WTC course a good place for me to start my trading education?
We describe WTC as a “foundational” course in technical analysis and the Wyckoff Method, which means that we are laying the groundwork for your eventual thorough understanding of these disciplines. Early on you will learn about essential concepts of (1) Price Structural Analysis, (2) Volume and Price Analysis, (3) Relative and Comparative Strength Analysis, and (4) Trade Management. We advise beginners to obtain some background knowledge in technical analysis and the markets by reading our FREE resources and watching our FREE videos. For novices whose knowledge of technical analysis is very limited, we suggest reading one or more excellent introductory texts, such as Technical Analysis of the Financial Markets, by John Murphy or Technical Analysis: The Complete Resource for Financial Market Technicians, Charles Kirkpatrick.I trade Forex, futures, and cryptocurrencies. Would the WTC course help me to trade these markets successfully?
The Wyckoff Method works in any freely traded market, including stocks, Forex, futures, cryptocurrencies and others. For instance, WTC graduates who trade Forex have reported great improvement in their ability to analyze and trade currency pairs. Price Structural Analysis, Volume and Price interpretation, Comparative Strength analysis and Trade Management apply to all tradeable financial instruments.Should I prepare for my WTC course?
You will get more out of the course if you prepare beforehand. We highly recommend that you read: (1) Jim Forte’s “Anatomy of a Trading Range,” (2) Hank Pruden’s “The Three Skills of Top Trading,” ch. 3-7, and (3) some of Bruce Fraser’s “Wyckoff Power Charting” blogs. You will also benefit from watching our YouTube videos.I’m pretty familiar with the Wyckoff Method and technical analysis in general. Can I skip WTC Part 1 and take WTC Part 2 right away?
This is not advisable and is no longer an option. The course curriculum has been refined over many cycles; the materials are presented in a logical, cumulative sequence ; early concepts and terminology serve as building blocks for later lessons. Moreover, we use some terms and definitions in ways that may differ from other Wyckoff courses and books. Therefore, WTC Part 1 is a prerequisite for WTC Part 2.I do intraday and swing trading. Can the Wyckoff Method be applied to my trading time frames?
Absolutely! The Wyckoff Method works in any time frame, and with any liquid financial instrument that has price, volume, and time signatures.