


TradeTheVolumeWaves
PremiumLearning to read the chart using Weis Wave with Speed Index will help you understand how the market works. Speed Index is very valuable to understand if there is absorption happening in the market. Remember that absorption takes time, it takes hours or sometimes days, so you have to be patient. In this chart I will explain how to read this 1HR LTC chart using...
Reading the chart: 1. We have bottom down and we pull back with high up volume waves, approaching the Fib area. Notice how SI is increasing on the up waves as we are reaching Fib from 13.3 to 15.7 to 18.4 and last not able to break previous resistance at 20.4. This means sellers are absorbing all buy orders of people entering long thinking that the trend will...
Lesson 15 Methodology Chart Reading: 1. Highest up volume wave (sellers could be there) 2. Placed AVWAP lines at the beginning of the wave 3. Wait for price to cross downward AVWAP line 4. Pull back with an Abnormal Speed Index of 24.1S , that's a hard to move up, meaning sellers are absorbing on the up move 5. Enter Short on a Plutus signal which in this case is...
Lesson 15 Methodology: 1. Largest up volume wave at the bottom after while (probable buyers but let's confirm using AVWAP and Weis Wave with Speed Index and it's Plutus Signals. 2. Placed AVWAP at the beginning of the previous down wave and wait for price to pullback to it. 3. Price Respects AVWAP. 4. Abnormal Speed Index 40.8 is a sign that price has a hard time...
Already first target was hit and moved stop loss to BE. Lesson 15 Methodology: 1. Largest Down wave on support (could have buyers in there) 2. Place AVWAP at the beginning of the down wave 3. Wait for price to cross upwards the AVWAP and pull back to it. 4. Wait for a Plutus long signal where in this case it was a PRL and up we go! Now this huge pin with the...
Lesson 15 Methodology; 1. Largest Down wave after a while (Buyers possible entering) 2. Placed AVWAP at the beginning of the down wave and wait to cross upwards and pullback 3. Enter on Plutus signal Long in this case PL Stop loss below Low AVWAP line
Lesson 15 Methodology; 1.Support Level 2. Largest Down wave after a while (Buyers possible entering) 3. Placed AVWAP and wait to cross upwards and pullback 4. Enter on Plutus signal Long in this case PL
Lesson 15 Methodology A few of the criteria have been met: 1. Support Level 2. Highest Up Volume Wave after a while 3. Anchored AVWAP at the previous down wave and priced crossed above 4. Price has pulled back to AVWAP ...and now I am waiting for a Plutus Long signal that will push price above AVWAP to enter Long!
Lesson 15 Methodology: 1. Fib 61.8 (sellers might come in on this level) 2. Highest up volume wave after a while (probable sellers inside) 3. Anchor AWVAP at the beginning of the up volume wave. Wait for price to cross downward and then pull back. 4. Highest down volume wave after a long time (sellers) 5. Price respects AVWAP acting as resistance 6. Enter Short...
Lesson 15 Methodology This trade is a copy paste from my previous post 1. Largest Up Wave (sellers might be entering on large waves-to connfim later on) 2. Anchor AVWAP 3. Price respecting AVWAP as resistance several times 4. Enter on a Plutus Short signal ....and down we go !!!
Lesson 15 Methodology: 1. Largest Up Wave (sellers might be entering on large waves-to connfim later on) 2. Anchor AVWAP 3. Price respecting AVWAP as resistance several times 4. Enter on a Plutus Short signal ....and down we go !!! Enjoy!
Lesson 15 Methodology (blue numbers on chart explained below) 1. Large Volume Down wave breaking Support (could be fake break -sometimes buyers come into large down waves but to confirm we follow next steps) 2. Place AVWAP at he beginning of the down wave 3. Wait for the price to break AVWAP upwards 4. Wait for the pullback and a Plutus long to enter. Currently...
This is how you can use Speed Index and Plutus signal to confirm a Wyckoff Up-Thrust The methodology: 1. Location: if 61.8 Fib does not provide resistance 78.6 is stronger 2. It all started with a Fast Up wave (FU) with Speed Index 0.5F (fake move) 3. The down wave followed with an Abnormal Speed Index of 2.0S (first Push Down) which means that we could have...
Following Lesson 15 methodology: 1. Location Fib Area 2. Fast Up Wave 5.1F Speed Index 3. Place AVWAP on the beginning of the fast up wave 4. Wait for price to cross downwards the AVWAP 5. Wait for a Plutus Short signal below AVWAP to confirm entry. In this case it was a double signal, WU (Wyckoff Up-Thrust) and PRS..... .... and down go!!! Enjoy!
The Methodology: Location - We are in Fib Ares Largest down volume wave ( many times we have buyers on large down waves. To confirm that there are buyers we do the following: Place AVWAP at the beginning of the down wave, wait for price to cross upwards and finally wait for a Plutus Long Signal --------and up we go!!!!
Lesson 7 is one the most critical videos for your your success as a trader. Trader's phycology have been studied deeply by the pioneer Mark Douglas. His method have helped a lot of trader and institution to be successful or improve their performance This video explains some fundamentals concerning trader's phycology. Following his guidelines I believe will make...
This is the continuation of lesson 6a focusing on Money Management and how to optimize your performance in trading. It investigates the mathematics, probability and statistics.
This is a lesson focusing on Money Management and how to optimize your performance in trading. It investigates the mathematics, probability and statics. Lesson 6b will be published shorty since time was not enough to finish the Money Management Lesson.