Point-And-Figure Part II – Wyckoff Analytics

Point-And-Figure Part II – Wyckoff Analytics

This course serves as one of the five mandatory courses required to complete your certification.

Among Richard Wyckoff’s many contributions to technical analysis is his unique method of estimating price targets using his Second Law of “Cause and Effect,” in which the horizontal Point and Figure (P&F) count in any trading range represents the Cause and the subsequent trending price movement the Effect. Like many other phenomena in trading, Wyckoff’s Second Law is fractal, and can be profitably deployed in any time frame.  In P&F Part II, Bruce Fraser and Roman Bogomazov provide detailed instructions on how to:

Create and annotate Wyckoff-style P&F charts

Correctly identify the count line in a variety of trading range configurations

Designate P&F phases sequentially and project price targets from each

Anticipate the resumption of a trend based on confirming counts of re-accumulation and re-distribution trading ranges

Manage trades once price approaches P&F-based price targets

Bruce Fraser and Roman Bogomazov provide detailed instructions on how to create and use Wyckoff-based point-and-figure charts to estimate realistic price targets.

Targeting across multiple time frames

This course builds on the methodological foundations presented in our on-demand P&F Part I: Setting Price Targets Using Wyckoff Point-and-Figure Projections. However, Part II is based on entirely new material. Bruce and Roman present several of their advanced refinements of this technique, including some that they have never made public before. Traders who purchased Part I will gain new practical insights as well as a much deeper understanding of this approach.

Each of the three sessions in Part II is devoted to a specific time frame:

• Long-term campaigns [months to years]
• Swing trades [weeks to months], and
• Intraday [hours to days]

Step-by-step process for horizontal counts

Bruce and Roman present the materials as case studies that start with a blank P&F chart and then, as the chart unfolds over time, show you their step-by-step process for taking and projecting horizontal counts.

In this webinar series, they demonstrate — for the first time — how to analyze the directional bias of a trading range based on P&F analysis alone, as well as how to enhance the quality of your P&F analysis by incorporating trading volume. They introduce new concepts through the case studies, and revisit the fundamentals of P&F horizontal counting.

There is no prerequisite for Point-And-Figure Part II, but we highly recommend that you start your P&F education with Part I.

Meet your Instructors

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.