Back to the Future- Prof. Hank Pruden on 150808

Guess what... i'm marking this on my blog and itouch on this event that i'm going to attend this month :P..

Sounds exciting indeed... What makes this exciting is i have not a clue of what "Wyckoff based" method is... i heard about Chaos Theory and other TA, but never in my life Wyckoff.

http://www.hankpruden.com/biography.html

Quoted from Prof Hank website:
Wyckoff's Investment Theory
.....Wyckoff believed that the action of the market itself was all that was needed for intelligent, scientific trading and investing. The ticker tape revealed price, volume and time relationships that were advantageously captured by charts.

Comparing waves of buying and selling on the bar chart reveals the growing strength of demand or supply. With the aid of schematics of accumulation or distribution, the speculator is able to make informed decisions about the present position and probable future trend of a market. The figure chart is added to project the probable extent of a price movement.

Wyckoff also revealed how to interpret the intentions of the major interests that shape the destiny of stocks and how to follow in the footsteps of these sponsors at the culmination of bullish or bearish trading ranges.