Legendary technician Richard Wyckoff wrote about financial markets in the early decades of the 20th century at the same time as did Charles Dow, Jesse Livermore, and other iconic market analysis figures. His pioneering approach to technical analysis known as the Wyckoff Method has survived into the modern era. It continues to guide traders and investors in the best ways to pick winning stocks, the most advantageous times to buy them, and the most effective risk management techniques to use. Wyckoff’s observations on price action coalesced into what’s known as the Wyckoff market cycle. It’s a theory that outlines key elements in price trend development that are marked by periods of accumulation and distribution. Description from Investopedia.com.
