TradeTheVolumeWaves

09:15

TradeTheVolumeWaves

This is a tutorial to help users to setup properly on the Weis Wave with Speed Index - Signals and Weis Wave - Wave types indicators the wave line by adjusting the AutoSensitivity parameter to get the correct price swings.

TradeTheVolumeWaves

This is a classic Entry called "Exit from Range with Plutus" and in this case it was a PRL (Plutus Reversal Long) signal. For the new followers: Why we did not consider the previous short signal PS as valid? The answer is: because it never broke the range while the PRL did. Get the profit out!

TradeTheVolumeWaves

The Story: This story is a continuation of a previous post. After Support hit we had double long signals from the Plutus system. We had a PRL and a Wyckoff Spring and up we go. Profit of 117 pips so far, get some profits in the bank because we are on Fib area! Enjoy! Learn to read and trade any market!

TradeTheVolumeWaves Updated 

The Story: We are coming down hitting a major support level with a fast down move (speed index at 7.3 nothing like that on the down moves) High PVR on the touch of Support = Buyers High Speed Index 53.7S on the next down move = hard to move down = more buyers Double signal Wyckoff Spring (WS) and Plutus Reversal Long (PRL) and up we go! Enjoy! Learn to...

TradeTheVolumeWaves

The Story: Price is ranging We have a false break with very high PVR The reaction up wave is long wave having a hard time to move up Then a PRS signal confirms the Wyckoff Up-Thrust Furthermore the reaction after the down move is an up wave with an Abnormal SI of 35.3 which is a HTMU wave (Hard to Move Up) = more sellers and down we go again. The "SI...

TradeTheVolumeWaves

The Story: High PVR on 1st touch of support level = buying has started Increasing PVR as price moves down which means buyers on the down Double Long signal from Plutus WS and PL High PVR again without the price moving down and then moving up Therefore all the previous logic was correct and these were buyers. This called the "FOLLOW" methodology :"Let...

TradeTheVolumeWaves

All the charts tell a story, that's the story of this one: We are hitting a support level for a second time Fake break support. The reaction after the fake break is a very PVR = buyers ..then a high volume up wave and price goes back into range (look left, not a wave size like that for a few days) Finally Plutus confirms the move and provides the...

TradeTheVolumeWaves Updated 

The Story: Price coming down hitting 50 Fib Then we have an Abnormal Speed Index of 23.3 which means hard to move up=probable sellers Coming Down again hitting 61.8 Fib ... and PRS signal is out I will go short if 1hr closes below Fib 61.8, otherwise patience!

TradeTheVolumeWaves

Learn to read the chart. The Story: We are balancing on a significant Fib 61.8 Last SI before the fake break of Fib quite High at 17.6, probable buyers Fake Break = Wyckoff Spring formation start. PVR quite high Plutus comes with a Long signal PRL Abnormal SI of 21.0 = buyers on the way down The reaction : large up volume wave with the corresponding...

TradeTheVolumeWaves

The Story: Price coming down with a large down volume wave Abnormal SI of 28.1 after hitting Fib which means hard to move up Plutus signals for Short and with a PRS ...and again with PS Finally Plutus beats Fibonacci

TradeTheVolumeWaves

No Entry because we are in Range, waiting for Plutus on Exit only, no the bias is neutral!

TradeTheVolumeWaves

The Story: PVR shows high volume on every deep Reached Support Level Abnormal Speed Index of 33 ...and Plutus says long with a PRL signal Entry Long if 1hR closes above the blue line

TradeTheVolumeWaves

This is a classic text book entry for the SI traders if it exits with a Plutus signal. We have an abnormal Speed Index, we a PRL long signal, but I am waiting for the Exit because we could keep Ranging and then change direction. Long if the 1h bar closes above the Range with a Plutus signal.

TradeTheVolumeWaves

More PRS signal more pips. It has reached 202 pips from the Abnormal Speed Index and stopped exactly were expected, where else, at support!!!

TradeTheVolumeWaves

The Story: 1. Largest Linear Volume Down Wave 2. Ranging for a few days 3. Plutus provides the signal PRS = Plutus Reversal Short That's a text book entry for the SI traders and their methodology. 110 pips so far Enjoy!!

TradeTheVolumeWaves

The Story: We have hit Support for the fourth time Abnormal Speed Index 50.0- notifies about the Change in Behavior Plutus provides the Entry with a Plutus Reversal Short signal The result 143 pips so far

TradeTheVolumeWaves

All the charts say a story, you just have to be able to read it! The Chart Story: Progressive Volume Rate increasing as we approach Support Plutus also signals PL signal = Long High Volume waves after a while