Weis
HOW TO: Lesson 2 - Learn from the Master's Wyckoff and WeisThis video explains the Change in Behavior concepts as well as Effort vs. Result and how Speed Index is filling the gap of quantifying these concepts.
Enjoy!
PS. I am really sorry about the mouse I had some windows 11 issue during recording.
US100 - Plutus said PRL and up we go!Classic trade for the SI traders. This is an Exit from Range trade with PRL signal on the exit of the Range!.
Not much to say!
Enjoy your Weekend!
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AUDUSD - Wyckoff Spring On FibEvery chart has a story to day and this is the story of this one:
We are up-trending
We are retracing with a low SI
Hitting Fib area
After the Fib hit have a Wyckoff Spring signal from Plutus
The result : 34 pips from entry - move stop or get some profits out would be wise since we are in a resistance level.
Enjoy!
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GBPNZD - Davis Weis Concept - Shortening of Thrust 190 pipsEvery chart has a story to tell and this is the story of this one:
The Story:
This is David's Weis concept shorting of thrust, a price moves up price waves get shorter.
On the the last volume we have an abnormal SI of 24.1 = HTMU (Hard to Move Up) = Sellers =Short on the downwards break
Simple as that!
190 pips so far
Enjoy!
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EURUSD - This how a Wyckoff Spring Formation looks likeEvery chart has a story to tell and this is the story of this chart
The Story:
We are on a heavy down trend
Broke Support Level but with a very high PVR
This High PVR on the down wave were buyers. How do I know? I do not at that time, but I do know later on because price never broke the low of the down wave
Fast move up
The confirmation is the down wave with the High SI of 15.0 = HTMD (Hard to Move Done)
...and finally the entry is the up wave breaking the resistance level + more confirmation the PRL signal
Result 68 pips and now ranging. Looking for the next entry with the classic text book entry "Exit from Range with Plutus"
Enjoy!
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US100 This is how a Wyckoff Up-Thrust looks like!!!This video explains how Wyckoff Up-Thrust is confirmed by Plutus using PVR, Speed Index and Plutus signals.
Enjoy!
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AUDCAD - Follow up Wyckoff Spring did not confirm This video explains that the possible Wyckoff Spring did not occur! Patience is a virtue as they say because we have not entered Long on the pullback after the break and we were waiting for speed index confirmation.
Enjoy!
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GBPAUD - Reading the Chart - Follow up
Follow up from a previous post
This video explains how to read Speed Index on the Daily and then analyze the details on the 1HR and entering a trade using Plutus signals.
The Entry from the Plutus Wyckoff Spring Signal to the top is about 235 pips.
Enjoy!
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AUDNZD - Finally Moved ...and you thought it was the news - No This video explains the Hard to Move Down Concept or the Effort vs. Result concept using Speed index.
The move was not the news it was buying on the previous down waves!!! The result 134 pips so far.
Enjoy!
Learn To read and Trade any Market!