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Usually there are always two interpretations. IMO, it is very good that you can see both arguments. Gary Dayton wrote very extensively about this in his book. He calls it "looking for disconfirmation". Wyckoff traders look for small clues that are not visible to other traders and one can almost always construct both bearish and bullish stories. With time you will develop an intuitive feel that will tell you which clues are important and which can be ignored. Wyckoff tape reading is all about intuitive judgement.
Concerning markings on your chart I'd recommend you not to look for Wyckoff schematics and not try to always mark them on a chart. IMO, in this particular example there is neither buying nor selling climax. Climatic action is an extension of range and volume at the end of a prolonged move. Below is an example of what I'd view as a climactic action.
Thank you for posting the chart. Gary Dayton uses VSA a lot. I probably would have noticed only the third trade (spring). Makes me thinking whether I should look into VSA
nice looking chart. not to "start" anything here but the chances of Gary Dayton taking trades at ONLY those locations that he marked are less than zero (if there is even such a thing)
I wouldn't be surprised if Dayton took more trades than the tweet. He didn't even explicitly say he took the trades to begin with actually.
The purpose of the tweet isn't to point out how he's a great trader, but to show the fundamentals of Wyckoff at play. To paraphrase VSA, if you can see it in hindsight, it's possible to trade it in real-time.
I think that anyone who expects experienced traders to avoid scratches/stop outs is misunderstanding what is possible with VSA/price action trading.
No, he didn't say whether he took those trades, he was just pointing out Wyckoff setups/trades, which was the purpose of the tweet.
I don't think anyone here thinks this. That is one key to becoming a better trader is to realize you will have losses no matter how experienced you are.