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.
Every 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...
This video explains the Long Entry after the Exit from Range with PRL. A Classic Entry for the SI traders
This could be the last up-wave! This post is to alert you for monitoring the reaction waves since we have just hit a major Fib area. No Entry!
After the range break ,Plutus has dominated the chart with Plutus long signals PRL and PL! The result is about 140 pips so far. Most probably we are going to reach Resistance!
This is the first video explaining what "Learn to Read and Trade Any Market" video series will include. Enjoy!
This a classic - textbook entry on a ranging environment. The signal is PRL (Plutus Reversal Long on break of the range) . Stop at 27 pips , break even at resistance level.
Another classic entry with PRL but very close to a Resistance level. We can take it will a small stop.
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
Plutus got the short yesterday with the Exit from Range with PRS and the Long today at Support Level with a PRL signal. The result 55 pips , time to get out at resistance again.
Every 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
This Entry is called "Exit from Range with Plutus" a classic textbook entry for the SI traders. The result is 69 pips so far!. Get some profits in the bank. Enjoy! Learn to Read and Trade Any Market
This a classic entry for the SI traders on a ranging environment. This entry is called "Exit from Range with Plutus" and in this specific case the signal is a PRL. The result is 28 pips so far Enjoy! Learn to Read and Trade any Chart!
Every 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! Learn to Read and Trade and Market
This video explains the new features of Weis Wave -Wave Types v1.2 Sorry about my dog barking!