Intermediate · 8 lessons · Free
Price Action and Wyckoff
Lessons 1 to 4 build the price-action toolkit: how swing highs and lows define a trend, where support and resistance form and how to grade them, how to read candles at key levels, and how to trade breakouts and the failures that follow many of them. Lessons 5 to 8 apply Richard Wyckoff's method of reading supply and demand through price and volume: its laws and market cycle, the phases of accumulation and distribution, and a complete volume-based trade plan. Each lesson combines original diagrams, rules for entry, stop, target and invalidation, and a short quiz.
Updated
Lessons
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Lesson 1
Market structure: reading trend from swing highs and lowsMarket structure is the sequence of swing highs and lows on a chart. This lesson shows how to mark swings with a fixed rule, classify a chart as trending or ranging, combine timeframes and decide when a trend has actually broken.
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Lesson 2
Support and resistance: drawing, grading and trading key levelsSupport and resistance mark prices where supply and demand have changed hands before. This lesson covers how levels form, how to draw them as zones, how broken levels switch roles and how to judge which levels deserve attention.
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Lesson 3
Candles in context: pin bars, engulfing, inside and outside barsA candle records one session's contest between buyers and sellers. This lesson explains what each part of a candle encodes, defines the main one- and two-bar patterns precisely, and shows why a pattern only carries weight at the right location, in the right trend and on the right volume.
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Lesson 4
Breakouts and false breakouts: trading both outcomesA breakout is price leaving a range or crossing a level that has held it. This lesson sets out the tests a valid breakout should pass, how retests work, why failed breakouts move fast, how measured-move targets are set and how to size both trades from the stop.
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Lesson 5
Wyckoff foundations: the three laws, the market cycle and the five-step methodThe Wyckoff method reads price and volume as a record of supply and demand. This lesson covers the composite operator, the three laws, the four stages of the market cycle and the five steps from market direction to a timed entry.
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Lesson 6
Wyckoff accumulation: reading the range, phase by phaseAccumulation is the range in which large buyers absorb supply after a decline. This lesson walks through each event and phase of the schematic, the spring and no-spring variations, the volume evidence to look for, and where to enter, place a stop and set a target.
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Lesson 7
Wyckoff distribution: how a top is built and how to read itDistribution is the range in which large holders sell into strength after an advance. This lesson covers each event and phase of the schematic, the variations with and without an upthrust, how to tell re-distribution from re-accumulation, and the misreads that cost traders most.
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Lesson 8
Volume, spread and the trade plan: from reading the chart to a written planThe final lesson turns chart reading into action. Learn to judge volume and spread bar by bar, recognise no-demand and no-supply bars, and combine structure, key levels and Wyckoff context into a written plan with a checklist, trigger, stop, size, targets, management and a journal.
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