Description of Prospecting For Actionable Wyckoff Trade Candidates
You’ve learned and practiced the fundamentals of the Wyckoff Method and are finding it to be profitable enough to use for your trading. However, like many Wyckoffians, you’ve probably found that identifying actionable Wyckoff structural opportunities in the U.S. equity markets can be quite time-consuming.
Scanning routines available on many platforms can quickly pinpoint conventional technical analysis swing trade candidates based on indicators or candlesticks. However, these scans are not necessarily optimal for the Wyckoff trader.
In Scan For Success! Prospecting For Actionable Wyckoff Trade Candidates, John Colucci and Roman Bogomazov will show you how to markedly reduce the time needed to create watchlists of actionable trade candidates by using scans and filters based on Wyckoff logic.
What will you learn in Prospecting For Actionable Wyckoff Trade Candidates
Prospecting For Actionable Wyckoff Trade Candidates sessions will include:
- A discussion of the meaning and roles of scanning and filtering in a trading plan
- The uses of scanning beyond the identification of trade candidates
- The basics of scanning on Stockcharts.com
- Scan query formation and syntax
- Exporting scan results to chart lists
- Working with scan results
- Analysis of chart results to determine scan efficacy
- Broadening scan queries for trend identification and Wyckoff structural position
- Structural element scanning, including accumulation, distribution, re-accumulation and re-distribution
- The use of the powerful “OR” structure
- Relative strength scanning
From the early days as a corporate bankruptcy and insolvency attorney, John Colucci perused financial statements, budgets and cash flow projections to determine the feasibility of financial plans presented to creditors. After early training in forensic financial analysis and fraud detection, Mr. Colucci took an interest in stock market investing from a fundamental perspective.
After a series of hard-taught lessons beginning in 1987, technical analysis became a bigger focus for investment analysis. After working through the quasi fundamental/technical system developed by William J. O’Neil, Mr. Colucci’s Wyckoffian journey began with the search for meaning in the phrase, “the stock is under accumulation.”
After numerous books, blog articles, courses and special events with many of the great Wyckoffian’s of our time, Mr. Colucci is primarily a long/short technical stock and futures trader using Wyckoffian principles–with an occasional financial statement sojourn to celebrate old times. Scanning and filtering are particular passions.
He authors the Wyckoff Market Report, the Wyckoff Structural Scanning blog and teaches Scan For Success Part 1 , Scan For Success Part 2 and Scan For Success Part 3. John was the host and a presenter at the Best of Wyckoff 2021 Online Conference and is a frequent contributor on the Wyckoff Market Discussion.
Roman Bogomazov is a trader and educator specializing in the Wyckoff Method of trading and investing, which he has taught for more than ten years as an Adjunct Professor at Golden Gate University and as the principal instructor at WyckoffAnalytics.com. He is the founder and President of Wyckoff Associates, 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 more than 25 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.
More courses from the same author: Wyckoff Analytics