


TradeTheVolumeWaves
PremiumThis is how a Fake Break on Fib looks like using Weis Wave with Speed Index Reading the Daily Cha rt 1. Fib Location - Sellers could enter here 2. Largest Up volume wave after a while - also sellers could be hidden in there. 3. Increasing PVR (progressing volume rate) = as we approve the top more volume comes in (sellers) 4. This up wave has the highest...
This is a classic Entry Short for Weis Wave with Speed Index owners called " Exit from Range with a Plutus Signal" and in this case it was a PS. It looks that it's heading for the Fib, I will wait for some pullback on 1HR to confirm with Speed Index and the waves, as well as getting a better RR. I
Not much to say. Just watch the forecast on previous video a few days back. Close to Fib now - no entries. Video: Enjoy!
Lesson 15 methodology (annotations in sync with the chart): 1. Largest up volume wave after a while - sellers might be in there. 2. Placed AVWAP and waited for price to cross downwards and pullback again on AVWAP 3. HTMU (hard to move up) - Abnormal Speed Index 4.6S at the top 4. Entry short signal PRS with abnormal SI 4.8.2 (price has a hard time to move up -...
In this video I will demonstrate how I read the chart using two indicators Weis Wave with Speed Index Signals and Weis Wave - Wave Types. Enjoy!
Reading the chart (annotations in sync with the chart): 1. Location: Fib+ Resistance level 2. Abnormal Speed Index of 6.6S (Hard to move up or closing positions) 3. Wyckoff Up-Thrust signal from signal 4. Entered Short on pullback to AVWAP RR 1:2
We found buyer at bottom of the wave and price reversed. Stop was hit
Reading the chart (annotations in sync with chat): 1. Largest Up volume wave 3. Resistance Level coming from Daily chart 3. Fast Up Wave (could be fake) 4. Placed AVWAP on fast wave and 5. Our Entry: Double Plutus signal after the retracement Wyckoff Up- Trhust + PRL Enjoy reading the waves , speed index and Plutus signals.
Reading the chart : AVWAP acted as resistance and we started ranging. This is a classic entry long for the "SI traders" called Exit from Range with a Plutus signal and in this case it was the PRL signal. ADA is heading for a major Fib I will not advise any entries now. Enjoy wave and speed index reading!
Reading the chart (annotations in sync with chart): 1. Location: Fib over-shoot - possible sellers 2. Largest up volume - possible sellers in there 3. Mountain shape PVR - increasing volume as wave progress 4. Abnormal SIs at top (could be closing positions but it also could be sellers absorbing buy orders. Risky Entry but with better RR enter now. stop above...
Target reached closed with profit - let's not be greedy - this has a resistance level quite a few times Enjoy trading with Volume Waves and Speed Index. Enjoy trading because the chart reading says so not because because an indicator says so!!!
After the short Signal on the AVWAP line we found buyers at the bottom. 1. PVR mountain shape is the first indication that buyers are coming in. 2. Abnormal SI 5.6 is what I call 1st Push Up. Finally the entry Plutus signal PL. You should be careful now because we are crossing Fib 61.8, get you profits sellers might be in that high volume bar. The reaction...
Following previous idea, the questions is ? let run or close it ? One thing is for sure, move stop above break even to get some profits if you decide to let it run price turns.
Reading the recent history of the waves (annotations in sync with the chart): 1. Support 2. Huge volume on PVR indicator at the bottom (buyers) 3. Abnormal Speed Index 55.7 on the down wave , that's Hard to Move Down , more buyers 4. Finally the Entry on a PRL signal. Enjoy! PS. I have no idea what this ETHFI crypto is, I just analyzed the chart and it looked...
Reading the chart this is the story: 1. We had Significant Fib location where we found sellers visible at the top- the reaction after the up wave a large down wave. 2. Placed AVWAP at the beginning of the up-wave and waited for the price to cross downwards and the pull back so that AVWAP will act as resistance. 3. Pull Back to AVWAP came after some time 4. Price...
Following my previous post, these sellers on Fib managed to hit my Break Even - there goes our free trade, but no problem. Mark Douglas used to say "every trade is unique" !!! Enjoy!
This is one of my classic trading strategies called "Exit from Range" with Plutus signal and in this case it was a PRL. Entered Long on the Exit from range, put my stop and hopping that we might cross Fib. When price reached Fib moved my stop a bit above breakeven to compensate on brokers fees and now we are running a free trade. Currently sellers did show up on...
It seems that some sellers came in before resistance level. I am sure sure about the outcome so I am getting out with a small loss