Weiswave
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.
GBPAUD - Wyckoff Up-Thrust - Time to shortEvery chart has a story to tell and this is the story of this one:
We have been trending up until we have hit resistance
After the hit we start ranging around resistance area
Last up move fails to stay above resistance
Next up wave has an Abnormal Speed Index of 27.2 = HTMU (hard to move up) = sellers
Plutus confirms the short with two signals PRS (Plutus Reversal Short) and WU (Wykoff Up-Thrust)
Enjoy!
AUDNZD - Looks like a Long But on Daily ResistanceEvery chart has a story to say, this is the story of this one:
We have been up-trending until we hit a Resistance level coming from the Daily chart.
Some Sellers at the top with PRS signal
Pullback to Fib and buyers are there again
Now something is cooking at the top again because we have and Abnormal Speed Index of 56.8. The Bias is for Long but we are at very significant Level, so anything is possible. Patience and wait for the reaction!
Enjoy!
Learn to Read and Trade any Market!
EURNZD - Reading The Waves and Speed IndexEvery Chart has a story to tell this is the story of this one:
We have been down trending with Plutus Short signals
The last up wave before hitting 50 Fib was not that easy. That's a HTMU =hard to move up
We have hit 50 Fib area and start to move up again but abnormal SI of 66 and down we go again.
We a have few pips left to reach 61.8 (get some profit out if you are already short) but we should be cautious because can find buyers and never reach the 61.8.
Enjoy!
Learn to Read and Trade any Market
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!
Learn to Read and Trade any Market
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!
Learn to Read and Trade Any Market
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!
Learn to Read and Trade any Market
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!
Learn to Read and Trade any Market