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.
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
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 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
Every 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
Every 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...