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everything that I've just said
and yeah wish you all the best
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in understanding this but yeah
guys we'll see you in the next
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section when I look more into
trade entries and a few other
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tips and tricks that I've got
going on anyways guys take
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whole study of Wykoff in the
past few videos but understand
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if you risk usually 1% on a
trade, risk 0 point 5% on a
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confirmation as part of the
plan and that's it. So you
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what you've just learnt. Go
back on the charts and
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structures, certain
confirmations, but yeah, that's
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that we're now moving bullish
because of certain breaks of
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when it occurs. It's not a must
for myself. It's just an extra
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that's all it is. So guys,
please obviously take notes of
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when I was trading this, I
didn't have the Wykoff
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are based of proper
understanding or structure
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the accumulation is where you
really to get a shallow entry.
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You just need to understand
that quite simply and then
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built in. It's market structure
with phases. That's all it is.
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looking at this, they would say
this is Wykov. Me personally,
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could argue this this is Wykov
but in fact setup was so this
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need to understand is an
intense and an advanced
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the Asian range when other
people's eyes, if they were
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annotations linked up, the
phases split up. All it was is
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you'll do well for yourself. Uh
so understand that market that
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Wykov does not always appear
and rather most of my trades
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points of interest and to me
this is why I say Wykoff occurs
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if you want to play like that
or you can reduce your risk. So
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is at the end of the day. It's
market structure with names
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an in-depth understanding of
price action and understanding
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Asian range we've got London
reversal back to equilibrium of
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It's going to be quite
difficult for you to get a
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example right here we've got a
few things going on we've got
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of it and take notes. The end
of the Wykoff distribution or
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trade and keep your stop loss
short and sweet. So yeah is
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Wykov really necessary now I've
just taken you through this
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works. Like I said in the last
presentation, look at the end
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normally mitigated entry. So
why the stop losses can be used
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and again and again and again.
No, that's not the way it
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institutions want price to
distribute down and when they
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distribute apart from the fact
that you only see a white off
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this it is not completely
necessary it contributes very
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waiting back to oh yeah, I'm
going to mitigate this again
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something with Wykoff where
it's the nature of Wykov. The
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do it, they're going to do it
hard. They're not going to be
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much more than Wykov. Wykov is
simply just a confirmation at
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Wykov distribution. Number
four, I end up missing the LPSY
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understanding of market
structure Because that's all it
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this is very true you're
going to see Wykov almost
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well in the lower time frames
but the main point where you
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in the low time frame I
guarantee you that's going to
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point where you can validate
yes, I'm going to see, I'm
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should only be applied at your
point of interest. Could be an
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be a loss. Simply because
market structure is weighs so
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the end of the day. Number
three, not knowing where is the
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block, where whatever it is,
it's got to be an important
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action points of interest. If
you've got no reason to
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going to see selling now,
therefore I should look for
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throughout this whole sort of
part of the course, Wykov
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order block, liquidity run, a
refined order block, break a
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or tests as price does not come
back to enter me. Now, this is
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most effective place to apply
Wykov. Now like I said
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my early days in my strategy I
really I really found out that
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a certain you might be at a
random point and you think ah I
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you've got to link it up to
market structure and price
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can see a distribution
happening. Let me get in. But
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stages but it's deceiving
because it can you might be at
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structure but more complex
Because it's got different
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anywhere because essentially
Wykov is simply market
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in the marketplace now when I
was back testing especially in
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schematics can be deceiving
happening in all sorts of areas
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be sure of what the schematic
is now the second point Wykov
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that you might not know what
type of schematic you are until
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either up or down. So solution
for that in a schematic avoid
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entering anywhere before the
last two phases where you can
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type of schematic you are until
the very end. Now that's very
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the very last phase until you
see that significant break
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that's very true. If you
understood what was going on in
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then solutions. So the first
one you won't know exactly what
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informational but improving
your win rate with Wykoff.
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distribution and recumulations
and vice versa you understand
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So first of all let's identify
the problems with wipe off and
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been looking at recently. So
this one is a bit more
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the technical course. Um so
it's just finishing up on this
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whole theory of Wykoff and
market structure that we've
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Yes everyone, welcome to the
last video of second section in
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care.
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