Original subtitles

thing of yeah just understanding all of this

have to mark the different stages anymore I just

being a scholar of everything. He studied so much did so much

learning at the moment. Uh for sure when we're on the lower

is accumulation of orders going to the upside redistribution is

research and obviously it's so influential in what we see the

lessons you've got to understand when we get to

got this area right at the bottom over here then it might

mitigations happening and then some some consolidation and

the price is full of these movements everywhere you look

you thought okay we might see a distribution occurring so

markets today. Now not many people adapt his teachings. But

different type of accumulation and different type of

instead of reversing but yeah guys work off is is I would say

cycles at prevalent point of interests and linking this to

the market controlling the market so you've got to try

up of liquidity, there's a build up of a potential move, a

areas. So you've always got to link this back to what we saw

once you see this in your charts and back test this trust

at this very much links to premium and discount areas and

the on the 15-minute the 1 hour 4 hour whatever area you look

consolidation consolidation build up of orders liquidity on

certain points of interest that's when we might see some

we're going to be looking a bit into his laws the idea of a

where prices oversold. It starts to so this is what

understand what's going on with market structure so it's a

distributions they're called reacumulations and

cycles here we're going to be talking about you know the

keeps going up the markup still occurs then we got a breakdown

it might be difficult to grasp sort of what the letters are

time using what Wykov is very is very effective and yeah so

very valid reasons for it to still continue but there's a

and the concepts in the beginning different stages but

keeps on marking up and then redistribution is when you're

if it's the institutions acting as if it's a man so it's you

it's also very prevalent in the forex industry as well. And

our lower time frame entries. So when we look back at that

distribution is when you get price go like that accumulation

information and just taking it on board. Many guys I'll see

stock markets a lot. He he was very well known for you know

bit of consolidation going to look into that further but it

oversold over bought what happens where we get to them

when you get to an point of interest there's very there's

redistributions so just going back to this in an area where

get point of interest consolidate a bit but no it

previously in the first section of my technical my technical

Um so now we must build our understanding of of market

both sides perhaps price takes liquidity up there goes down

wave and then accumulations distributions then you've got a

big movement that's going to happen soon and I've got many,

your best to understand what he's doing and understanding

you'll see.

marking you're consolidating then it still continues down

me you're going to find it so simple it's just I don't even

against that man you against that person that's manipulating

composite man so just a quick thing the composite man is as

happening straight away you understand that there's a build

how can I get into positions with him so I can ride that

everything so you might come down it's oversold you've seen

then what happens at them areas so if you've got consolidations

you'll start to see I'm just going to draw on top of

that consolidation it's consolidation maybe some kind

you've got different phases. So you've got accumulation phase

that's where the market cycle starts to kick in look you've

you know, this is what happens everywhere in the market as

chart again this is a very very conceptual chart you've got

understood this was a lot of studies based on stocks but

personally I think it's a great addition to whatever you're

distributions. So this is a lot of stuff that links to whack

price goes up price goes up then when it's at a certain

of breakup reaction and then mark up boom price goes up

you're going to see on the one minute you're going to see on

introduction into Richard Wykoff pretty much he studied

distribution phase that's when that kicks in start to see some

and then boom straight back down again so just a little

expansion, the consolidations in terms of a simulations,

takes that well reaction and then boom again mark down now

see in the Wykoff price cycle? So just to explain Wykoff is a

second course. Market cycles is very very much led by

teach fundamentals you're going to be seeing later in the

Gonna be looking at market cycles so in terms of market

point of interest right there you got over bought then

what we did last time with institutional swing points.

you in the next lesson.

strategy obviously it was introduced by Wykoff himself.

Can't remember his first name. But from from what he

off as well. Uh but yeah just price in general. So what do we

fundamentals and everything but in terms of market market

cycles there's different ways you can look at it. When I

Yes everyone, welcome to the next lesson. So moving on from