GBPCAD - Classic Entry Long - PRL on Exit from RangeThis video explains the Long Entry after the Exit from Range with PRL. A Classic Entry for the SI traders
Speedindex
NZDJPY - To Monitor on Fib 61.8This 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!
Learn To Read and Trade Any Market - Video SeriesThis is the first video explaining what "Learn to Read and Trade Any Market" video series will include.
Enjoy!
EURJPY - Exit from Range with PRL - Classic EntryThis 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.
NZDCAD - Another Exit from Range with PRLAnother classic entry with PRL but very close to a Resistance level. We can take it will a small stop.
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
CADJPY - Plutus catching the moves!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.
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
CADJPY - Another Classic Text Book EntryThis 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
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!
Learn to Read and Trade and Market
New Weis Wave -Wave Types Functionality v1.2This video explains the new features of Weis Wave -Wave Types v1.2
Sorry about my dog barking!
NZDCAD - Wyckoff Spring + Plutus Reversal Long on Fib AreaEvery chart has a story to say and this is the story of this one: This video explains a Wyckoff Spring and a PRL signal on Fib Area
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
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!
Learn to Read and Trade any Market
GBPJPY - Short the Fake Up move with PRSThis video explains the logic behind this short trade.
Enjoy!
Learn to Read and Trade any Market
AUDUSD - Possible Wyckoff Spring Coming UpEvery chart has a story to tell, this the story of this one. This video explains how to read the chart using volume waves, pvr, speed index and plutus signal
EURUSD - Wyckoff Spring formation on a Slow MondayEvery Chart has a story to say, that's the story of this one:
This video explains the Wyckoff Spring Formation after high volume and the long Plutus signals.
Enjoy!
Learn to Read and Trade any Market
AUDJPY - That was a Classic Text Book EntryThis was a classic text text book entry for the SI traders. This entry is called Exit from Range with Plutus. That PL signal breaking the range was the entry.
The result 68 pips so far.
Enjoy!
Learn to Read and Trade Any Market!
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!
Learn to Read and Trade any Market
EURAUD - Monday morning LongThe Story:
We are ranging on a Fib area
We are getting a PRS signal with 19.9 SI on Friday but is not valid because we never broke Fib 61.8
We have an increasing PVR at Fib 61.8 =buyers
High PVR which is coming from Friday news. Since the result is up = more buyers
This morning another High PVR bar the result is up again = more buyers
Finally a PRL signal from Plutus.
Took this trade on PRL and already 35 pips and stop loss to BE.
Enjoy!
Learn to Read and Trade Any Market
GBPAUD - Is this the end of the Up Trend? Abnormal Speed Index!This video explains the Abnormal Speed Index and in this case the "Change in Behavior" concept
Something out of the ordinary is happening. What was the ordinary? The ordinary was that all previous up waves had much lower Speed Index numbers.
Wyckoff Up-Trust might be coming up!!!
Enjoy!
Learn to Read and Trade any Market
GBPAUD - Is the uptrend over? Abnormal Speed Index!The Story:
Daily chart.
Largest Speed Index of all up waves, 84.3 - Something is cooking!
If we break the blue line downwards the next days the formation created will probably be a Wyckoff Up-Thrust.
