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Michael Schweighardt

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About Michael Schweighardt

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    SoCalTrader
  • Location West Covina, CA, USA

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  1. Still studying this stuff. Aspiring to be as proficient in this stuff as @JaradBBT 😂

    i got lot's of years to go to be like @JaradBBT 🤣

    Anyway, so..... you can use the Elliott Wave to confirm Wyckoff events. To make sure you're looking in the right place. It's like a confirmation.

    That's it. They work together. It's best to learn both and use both concepts / theories with each other.

    It really helped me to understand where we are at when looking at a new stock for the first time. To be able to tell where in the cycle we are and make decisions on how to proceed from there. It helps to figure out what phase we're in.

    Also, it's not terribly hard to learn. It was a lot easier than i thought it would be. It's not overly complicated. a little bit, but mostly simple after you understand a few concepts. definitely not as hard as i had originally anticipated. i'm still finishing up learning about it, but i already have the main ideas and concepts figured out in my brain 🧠.

    The-Five-Waves-Pattern-Motive-and-Corrective.jpg

    wyckoffAccumulation1-768x462.png

    wyckoffdistribution1-768x461.png

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