Tradeguider FAQ

[tech/a]

Hi all

I am thinking about purchasing tradeguider. Before shelling out the money, I would like to here from some users. A few questions, can you figure out VSA without purchasing the software? (I have read the full book). How can you try before you buy (no trial versions, a leap of faith in my opinion). After purcahsing the software is it easy to use and is the support any good?

Appreciate user comments.

Gmack

Yes to a larger degree and after years of practice you should be able to pick a VSA signal better than the software.
Williams himself says the best computer is the one between your ears.

But to self teach yourself can be costly.
I paid for T/G in the first trade---so cost is relative.
Would you build your first computer or use one first built by an expert before learning how to build your own---bigger and better!?

You can watch countless presentations if you can suffer the dull drone of Gavin and if you catch Sebastian I defy you to stay awake!
But its not about the presenters its the software and more to the point the analysis,and more important again the application of the analysis.

This is what your paying for and the hrs of tutoring you'll get once you buy.
I to am a happy client having both R/T and EOD.

 

[white_goodman]

You can watch countless presentations if you can suffer the dull drone of Gavin and if you catch Sebastian I defy you to stay awake!

i actually find gavin quite good at talking, hes emotive and explains it very well, bit slow at times but necessary to get a grasp.

I watched an archived master class yesterday and let me say Sebastian is not a speaker lol, im sure hes a great trader but doesnt explain well or present well through the audio..

 

[tech/a]

Ive actually had a beer with Gavin.

Hes a great guy,very passionate about VSA.
Genuine and has a tiger in Tradeguider around the world---by the tail!

Ive obviously listened to too many of his presentations.
I guess those I have been involved with keep telling the same message and as such become ho hum.
But we all must go past the things which seem mundane.

 

[white_goodman]

Ive actually had a beer with Gavin.

Hes a great guy,very passionate about VSA.
Genuine and has a tiger in Tradeguider around the world---by the tail!

Ive obviously listened to too many of his presentations.
I guess those I have been involved with keep telling the same message and as such become ho hum.
But we all must go past the things which seem mundane.

did you go up to Qld? when they planning on coming back out to Aus?

 

[tech/a]

Yes.

I dont think they have any plans on coming back---currently.
The next big event is in Vagas then the biggest is in Aspen Colorado.

Am I going---No,can think of better things to do than spend days with VSA fanatics in Aspen or Vagas!
David Blundell the Aussi Honcho for T/G is going though.

 

[white_goodman]

Yes.

I dont think they have any plans on coming back---currently.
The next big event is in Vagas then the biggest is in Aspen Colorado.

Am I going---No,can think of better things to do than spend days with VSA fanatics in Aspen or Vagas!
David Blundell the Aussi Honcho for T/G is going though.

yeh ive talked to David before, nice chap... yeh aspen or vegas would be awesome but wouldnt be that fun for a youngy like myself hanging out with all you old dudes

 

[tech/a]

Thought Id bump this as Ive had quite a few Private mails asking if we could go through some more charts.
As time permits I will be happy to. Will be able to access my office computer from home so will be evn able to analyse small timeframe charts!

If anyone wants to contribute/practice or ask questions related to VSA perhaps this thread can be the vehical.
As Tradeguider is the software I will be using along with Advanced Get (As it has superior drawing capability).

 

[Boggo]

Giday tech/a, a question.
Was there any evidence of selling on LEI in the volume and the bar (ie the range/high/close) yesterday (5th), or for that matter over the last two bars (4th and 5th).
(I am actually seeing something similiar in BHP at the moment)

The reason I ask is that I was lining it up as a breakout but the behaviour wasn't right somehow so I moved on (luckily)

Cheers
Mike

 

[lowwy]

With the benefit hindsight,
The stock was in a long term downtrend, there was resistance at 28.47
Weakness is seen on up days and Monday was an upthrust pattern.
The volume wasn't significantly high or low so I 'm not skilled enough to be able to tell supply or no demand.
The professionals were marking the stock up and selling into the rally.

 

[tech/a]

While the current move up was on weak volume and the Bar before yesterday saw an increase in volume finishing well off its highs,you could not have expected a fall such as we had.
There was a reason

http://www.stocknessmonster.com/news-item?S=LEI&E=ASX&N=535786.

It is worth however (Although this is a VSA thread) that other analysis would have you well placed in unnderstanding Where you were in the trade on MONDAY. It also tells us that this will possibly be a long and protracted fall to a final wave 5 for LEI Quite possibly around $11.52 from my analysis.

In other words a low probability trade if you were contemplating a long trade Monday.

 

[tech/a]

Here is s great example of VSA's Principal that markets hate extreme volume.
Extreme is measured relative to volume preceeding the now volume.

The software makes it easy to identify with a banding on the volume window. Note the bars at 9.34,11.40,12.06

You can see clearly on the 2 MIN chart where CBA was exited this morning in one of my day trades. Entry was the first green bar at 10.40 ($29.16) and exit at 11.42 ($29.50)
R/R was Over 6:1.

Click on chart to expand.

 

[Wysiwyg]

Here is s great example of VSA's Principal that markets hate extreme volume.
Extreme is measured relative to volume preceeding the now volume.

The software makes it easy to identify with a banding on the volume window. Note the bars at 9.34,11.40,12.06

You can see clearly on the 2 MIN chart where CBA was exited this morning in one of my day trades. Entry was the first green bar at 10.40 ($29.16) and exit at 11.42 ($29.50)
R/R was Over 6:1.

Click on chart to expand.

Some q`s ...

Looks like the diamonds were still green but the bars turned red.Did you exit on the first red bar or the second and what made this decision?

Is the thermometer used to confirm the end of that short term trend too?

Thanks.

 

[tech/a]

W

I am always on the lookout for extreme volume during an up move. It invariably means that you have supply meeting demand as they need to sell into demand.
At 11.40 I got that bar.
At 11.42 I had another bar of extremely high volume and an immediate hook reversal confirming that selling was in the 11.40 bar.I exited on that bar the 11.42 one.

I have learn't to use the read and green bars only as a confirmation tool for entries not for exits in really short timeframes.
The diamonds are too slow for day trading again in really short timeframes---although have seen them used with success in forex trades---better volume-- but can give another confirmation of whats happening in a consolidation.

Ive adapted VSA to my timeframe and method.Its not the canned variety.
Works well for me as I only take a trade if its on the screen and developing in front of me.
As it was I had CBA up there as well as FLX.

CBA has enough trades to be able to chart with a 2 min chart although 3 min is better.
FLX is hopeless under 10 min. Its clearly in consolidation so left it. Its time will come short or long.

 

[tech/a]

Been getting a bit of inquiry from people on reading Volume.
I also notice from a few posts that there seems to be some confusion---and I can see why.

Reading volume/range and close then the application of that analysis is terribly important for the shorter term trader.It can also have a bearing on the longer term trader as well.Weekly volume and its application can have just as much influence on trading decisions in THAT time frame as any other!

We have heard.
(1) Increasing/high volume is required for a move to continue in the direction we are trading.--Breakout traders love it.--and yes this CAN be true.
(2) High to extremely high volume can and does show weakness.---and yes this CAN be true.

So which is it?
How do we identify which is which and more importantly how do we apply it.

DOM traders will argue they DONT need to be able to read it as they CAN see Supply swamping a move or Demand pushing the move well before its seen on a chart.

Yes this CAN be the case but as they will tell you they often get it wrong hence the need to be very fast with their trigger finger.
How can we swing an advantage in our favor while working with all time frames?

There are excellent answers some well known and others not so---even a few of my own observations.

Its an important topic and will take sometime for me to write up with charts and examples. This I will do in the coming days and post on a separate thread as I think it deserves discussion in depth---pardon the pun.

 

[CanOz]

I'm having some difficulty in getting information about TG with Real Time Data. Has anyone been using TG RT with the new data suppler Real Time Data? If so, are they still supplying tick volume for FX? Does the monthly price include FX, Stocks etc., and how does the price compare to eSignal?

I just to the email about the RT upgrade and it has peaked my interest in trying the new data supplier.

Thanks in Advance.

CanOz

 

[tech/a]

C

I'm pretty sure its ticks all round to your questions.
Its around $40/mth cheaper but dont know if thats an introductory offer.

I'm sticking with esignal.

 

[CanOz]

C

I'm pretty sure its ticks all round to your questions.
Its around $40/mth cheaper but dont know if thats an introductory offer.

I'm sticking with esignal.

Total cost for eSignal for all of the above was over $200/mth from memory. I used eSignal for FX only and it was 99.00 / mth. I know you get a free month with RTD but i cannot find the details about the package anywhere.

Like to know about the quality too, as eSignal was very good.

Thanks TA.

update: found the realtimedata website!

CanOz

 

[CanOz]

For anyone interested here is the pricing page.

CanOz
https://www.realtimedata.com/signup/CustomerInfo.aspx

 

[sleepy]

Has anyone got their hands on the new version of TradeGuider R/T yet?

http://www.tradeguider.com/rtv2/media.htm

sleepy

 

[CanOz]

Has anyone got their hands on the new version of TradeGuider R/T yet?

http://www.tradeguider.com/rtv2/media.htm

sleepy

I've sent in my request but have had no reply yet, and i'm keen to try it with the new feed now too.

CanOz