Revisiting Analysis of Supply & Demand in Financial Markets


  • Develop a computerized equities & or options, ‘position trading system’ (Daily time frame only) that has it’s basis for analysis of supply & demand in the price & volume action of an equity at an intraday level.
  • Including a Broad Market Index(BMI).
  • Proprietary supply & demand indicators inspired by the works of the consummate technical analyst,  Mr. Richard D. Wyckoff.
  • An effective trading methodology that is not all consuming. We all want to keep our relationships with that significant other.

Richard D. Wyckoff

Richard Demille Wyckoff (November 2, 1873 – March 19, 1934) was an exceptionally successful trader & stock market authority.
Wyckoff's trading method is solidly based on the laws of:-
    1: Supply & demand
    2: Effort & result
    3: Cause & effect

Wyckoff said of the markets "Every minute of the day it is demonstrating whether supply or demand is the greater."

As Wyckoff became wealthier, he also became altruistic about the public's Wall Street experience. He turned his attention and passion to education, teaching others to trade successfully.

In 2002 Mr. David Penn, of Stocks and Commodities magazine wrote an article entitled “Titans of Technical Analysis.” in which Richard D. Wyckoff was one of the five together with Charles Henry Dow, Ralph Nelson Elliott, William Delbert Gann, and Arthur A. Merrill.

Wyckoff was a contemporary of Edwin Lefevré who wrote the classic “The Reminiscences of a Stock Operator”. Like Lefevré, Wyckoff was a keen observer and reporter who codified the best practices of the celebrated stock and commodity operators of that era.







The Four Phases of an Investment Cycle



New Dominant & Secondary Trend Indicators

  • Unique for an EOD trading system as both indicators are derived from intraday data, unlike the vast majority of indicators in TA suites.
  • The use of intraday data i.e. both price action & volume, facilitates more intimate analysis of supply & demand in the market on an EOD basis, ideal for position trading.
  • The combination of which lend themselves well to knowing when both institutional & speculative influences are creating demand & ‘marking-up’ or supply & ‘marking-down’ the markets, especially after a period of accumulation or distribution.
  • Doesn’t eliminate the discretionary aspects of trading, however, together with the BMI, reinforces confidence that one is on the right side of the trade.




This site may include market analysis. All ideas, opinions, and/or forecasts, expressed or implied herein, are for informational purposes only and should not be construed as a recommendation to invest, trade, and/or speculate in the markets.