Supercharge your trading & investment account using Wyckoff / Volume Spread Analysis by Danny Younes discusses how the financial markets are manipulated by professional traders and how you can recognize this and trade in harmony with them. Professional traders look to manipulate the markets around news announcements so that they can wrong foot the retail traders. This happens more often than you think.
Danny Younes educates you on a strategy that has been around for over 40 years, the Covered Call strategy. This strategy is a low risk strategy enabling investors to grow their trading and investment accounts with very minimal risk. It's a trading strategy that several governments around the world allow you to invest in your retirement accounts. Danny discusses the ins and outs of the covered call strategy and how to trade in different market situations.
Danny Younes also discusses an analysis method dated back to the 1920s created by Richard D Wyckoff, which TradeGuider Systems LLC have now computerized. This methodology is known as Volume Spread Analysis and it's the methodology which will enable you to trade in harmony with professional traders. Danny discusses how with this methodology you can detect turning points in the market based on volume activity by the “Smart Money” and ultimately trade in harmony with them. Danny discusses why technical analysis alone will usually get you into poor trades.
Danny combines the covered call strategy with the Volume Spread Analysis methodology and how you can find trade setups which have a high probability of success. Danny includes his stock selection criteria and also his trading plan so as a trade and investor you can get started with the information that is contained within this book.
Danny also discusses the future of Volume Spread Analysis and the software that will take the trading community by storm.