Professional Documents
Culture Documents
Inefficiency
- Inefficient Pricing > the market has to stay balanced, for every buy there has to be a
sell and vice versa. When we see only buying or pure selling this creates voids in
price that the Central banking algorithm has to fill voids to make price-efficient again
Liquidity - Cau$e - $
Wyckoff Law 2 - Every cause has an effect
- The market always targets liquidity so when we see increased liquidity areas this is
cause for price to move here and take the liquidity and use this for transactions or to
profit in a direction
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Represented by a line with $ above or below
JA
- This is every single high or low in the market
- We focus on Swing highs/Swing lows/ EQHs/EQLs/Stacked highs or lows - diagonal
liquidity lines - because this is where the most liquidity is stacked
- This shows an area of liquidity
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Price Delivery
Refers to how the price is being delivered or printed on the chart. For example, a range is a
price delivery, trend is a price delivery, A range > Initiation > Mitigation > continuation is a
price delivery.
Bos
Break of a market structure - this can be to continue the Market structure (Trend) or to signal
a reversal of momentum (Trend Reversal)
Range - Sideways PA
Sideways price action where BFIs stack their orders before initiating price. Future POIs are
within here. Boxes in our mark-ups.
Initiation causing a bos (INI bos)
Once BFIs have stacked their orders and are now ready to push price in the direction they
intended, they initiate price, we see this as an aggressive or semi-aggressive move that
causes a break of structure.
Structure
The remanence of the BFIs, their price delivery moves the market and the structure is what
they create - we know this as trend, LL, LH and HH, HL.
As long as LHs or HLs are not taken out the structure remains.
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JA
Burtons Chart
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