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.
HOW TO: Identify a Buying wave vs. a Selling Wave using Weis Wave with Speed Index One excellent interpretation is noted by @tdtrdview, of course there are more.
Lesson 5 - The Importance of Confluence This video explains what is confluence in trading, identifies confluence structural elements and provides guidance on how to put all the pieces of the puzzle together to increase trading success rate.
This is a continuation of previous video The Funnel Process
This video explains how to pick your trading instruments out of the many. The funnel is a process to filter out all the un-tradable instruments and pick the best to trade.
This video explains the two indicators for TradingView Weis Wave with Speed Index - Signals and Weis Wave - Wave Types. Detail explanation of the parameters, proper setup, speed index and Plutus Signals.
This video explains the two indicators for TradingView Weis Wave with Speed Index - Signals and Weis Wave - Wave Types. Detail explanation of the parameters, proper setup, speed index and Plutus Signals.
This 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.
Lesson 1: Be an Artist explains the following topics: Timeframe Significance Price Location Significance Drawing Support / Resistance Drawing Fibonacci Retracement – Significant Levels
Every 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...
Every 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...
Examining a Resistance Level and if we are going to break it.