TradeTheVolumeWaves

TradeTheVolumeWaves

Lesson 15 Methodology chart reading: 1. Fib Location (buyers might enter here) 2. Largest down volume wave (buyers could be in there) with increasing PVR 3. Placed AVWAP at the beginning of the down wave and wait for price to cross upwards, wait for a pull back and a Plutus Long on the pull back. 4. Entry Long on the PRL signal. Enjoy!

TradeTheVolumeWaves

This is how I read the chart using Lesson 15 Methodology: 1. Fib Location (sellers might enter) 2. Sellers started to be visible on PVR when price entered Fib 50-61.8 area and on the break of 61.8 3. FU - Fast Up wave - Fast SI of 3.4F and that's our Fake break of Fib 4. After the false break we have the highest down volume wave, that's another indication of...

TradeTheVolumeWaves

In this chart we removed all Plutus signals and we are reading just Speed Index and weighted Averaged Speed Index. The purpose is to identify a potential reversal at a significant location such as Fib. There are two numbers visible on every price wave swing, the first one is the wave's Speed Index and the second one is the weighted average Speed Index of the 30...

TradeTheVolumeWaves

Chart reading using Lesson 15 methodology: Annotations in sync with chart 1.Location : Fib 50-61.8 are (an area that buyers can step in) 2. Fast Down Wave with SI 10.9 3. Placed AVWAP at the beginning of fast down wave and wait for price to cross upwards and pull back to it. 4. Wait for a Plutus Long signal to enter and in this case it was a PL. Enjoy!

TradeTheVolumeWaves

There is always a reason why price explodes either true or fake. The criteria to look at are: - Location - very important - where is the price locate - higher probability trades accomplished when the price leaves a significant location such us Fib, Sup/Res, AVWAP - The volume waves - nothing moves without volume - sometimes is not so visible by the volume waves...

TradeTheVolumeWaves

Learning to read the chart using Weis Wave with Speed Index will help you understand how the market works. Speed Index is very valuable to understand if there is absorption happening in the market. Remember that absorption takes time, it takes hours or sometimes days, so you have to be patient. In this chart I will explain how to read this 1HR LTC chart using...

TradeTheVolumeWaves

Reading the chart: 1. We have bottom down and we pull back with high up volume waves, approaching the Fib area. Notice how SI is increasing on the up waves as we are reaching Fib from 13.3 to 15.7 to 18.4 and last not able to break previous resistance at 20.4. This means sellers are absorbing all buy orders of people entering long thinking that the trend will...

TradeTheVolumeWaves

Lesson 15 Methodology Chart Reading: 1. Highest up volume wave (sellers could be there) 2. Placed AVWAP lines at the beginning of the wave 3. Wait for price to cross downward AVWAP line 4. Pull back with an Abnormal Speed Index of 24.1S , that's a hard to move up, meaning sellers are absorbing on the up move 5. Enter Short on a Plutus signal which in this case is...

TradeTheVolumeWaves

Lesson 15 Methodology: 1. Largest up volume wave at the bottom after while (probable buyers but let's confirm using AVWAP and Weis Wave with Speed Index and it's Plutus Signals. 2. Placed AVWAP at the beginning of the previous down wave and wait for price to pullback to it. 3. Price Respects AVWAP. 4. Abnormal Speed Index 40.8 is a sign that price has a hard time...

TradeTheVolumeWaves

Already first target was hit and moved stop loss to BE. Lesson 15 Methodology: 1. Largest Down wave on support (could have buyers in there) 2. Place AVWAP at the beginning of the down wave 3. Wait for price to cross upwards the AVWAP and pull back to it. 4. Wait for a Plutus long signal where in this case it was a PRL and up we go! Now this huge pin with the...

TradeTheVolumeWaves

Lesson 15 Methodology; 1. Largest Down wave after a while (Buyers possible entering) 2. Placed AVWAP at the beginning of the down wave and wait to cross upwards and pullback 3. Enter on Plutus signal Long in this case PL Stop loss below Low AVWAP line

TradeTheVolumeWaves

Lesson 15 Methodology; 1.Support Level 2. Largest Down wave after a while (Buyers possible entering) 3. Placed AVWAP and wait to cross upwards and pullback 4. Enter on Plutus signal Long in this case PL

TradeTheVolumeWaves

Lesson 15 Methodology A few of the criteria have been met: 1. Support Level 2. Highest Up Volume Wave after a while 3. Anchored AVWAP at the previous down wave and priced crossed above 4. Price has pulled back to AVWAP ...and now I am waiting for a Plutus Long signal that will push price above AVWAP to enter Long!

TradeTheVolumeWaves

Lesson 15 Methodology: 1. Fib 61.8 (sellers might come in on this level) 2. Highest up volume wave after a while (probable sellers inside) 3. Anchor AWVAP at the beginning of the up volume wave. Wait for price to cross downward and then pull back. 4. Highest down volume wave after a long time (sellers) 5. Price respects AVWAP acting as resistance 6. Enter Short...

TradeTheVolumeWaves

Lesson 15 Methodology This trade is a copy paste from my previous post 1. Largest Up Wave (sellers might be entering on large waves-to connfim later on) 2. Anchor AVWAP 3. Price respecting AVWAP as resistance several times 4. Enter on a Plutus Short signal ....and down we go !!!

TradeTheVolumeWaves

Lesson 15 Methodology: 1. Largest Up Wave (sellers might be entering on large waves-to connfim later on) 2. Anchor AVWAP 3. Price respecting AVWAP as resistance several times 4. Enter on a Plutus Short signal ....and down we go !!! Enjoy!

TradeTheVolumeWaves

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...

TradeTheVolumeWaves

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...