Australian (ASX) Stock Market Forum

VSA: Free "Master the Markets" By Tom Williams PDF

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rx2 said:
I got an email from David Weis today - he is just finishing the last chapter of the book, the manuscript will go to the publisher on Dec 1., and it will be published in March. Looks like we will be waiting a little longer !
Click to expand...

Thank you.
joea
 
Mistagear said:
Yep I reckon,
I have only sought out Wyckoff material, not TGuider, from the various online locations and developed my price analysis from the basic principles.
Strap on money management and position sizing and that's all I use. I trade ok
Click to expand...

joea said:
I have watched a few videos and I think its will be harder to understand than we think.
Because there are numerous sequences.

But from what I have watched. I do think it has merit.
I have adapted a couple of the pointer to ASX stocks I have traded and fully believe the substance behind the method.
joea
Click to expand...

joea

Thanks for the book updates
Please keep me informed Ill have them on my read list for sure.

As for my comment and replies to it.

There are 60 setups programmed into Tradeguider, with 2 sensitivity settings.
While I agree the You Tube videos are good for a start---if you can get past Gavins spiel---if you then attempt to read a chart from basic knowledge youll find it extremely difficult.

While I have both R/T and EOD I have to say that watching hrs of daily charts and the signals which are triggered I have learned far more from seeing it plotted in a live situation than trying to apply VSA from my own interpretation on a blank chart.

Many signals are 2 and 3 bar signals with 2 and 3 bar volume triggers so the signal will not appear until its too late to act for much closer timeframes (1 min for example) where your attempting small tick scalps.

Youll also notice many VSA patterns and triggers NOT plotted by the Algorithm.
Not because its a poor algo but because the trigger falls only marinally out of its parameter range.

All which trying to apply from a blank screen and a book or two would be a super human feat!

In My opinion the software has for me paid for itself many many times.It makes the analysis a simple glance rather than a blank sheet application.

Anyway what Ive found.
 
tech/a said:
joea

Thanks for the book updates
Please keep me informed Ill have them on my read list for sure.

As for my comment and replies to it.



Many signals are 2 and 3 bar signals with 2 and 3 bar volume triggers so the signal will not appear until its too late to act for much closer timeframes (1 min for example) where your attempting small tick scalps.

Youll also notice many VSA patterns and triggers NOT plotted by the Algorithm.
Not because its a poor algo but because the trigger falls only marinally out of its parameter range.

All which trying to apply from a blank screen and a book or two would be a super human feat!




Anyway what Ive found.
Click to expand...




Inasmuch as this will help you to understand the market. You will
thereafter think in waves. RDW

THINK IN WAVES

BUYING AND SELLING WAVES

Waves are not the BARS of anytime frame
BARS are just a way of giving the market a structure

A WAVE ==> " has a certain duration; they run just so long as they
can attract a following. When this following is exhausted for the time being, that
wave comes to an end and a contrary wave sets in. The latter may attract more of
a following than the former. By studying the relationships between these upward
and downward waves, their duration, speed and extent, and comparing them with
each other, we are able to judge the relative strength of the bulls and bears as the
price movement progresses.''


So ''Many signals are 2 and 3 bar signals with 2 and 3 bar volume triggers''

ALL signals are really an INDEFINITE number of BARS...

Someone tell me why this is SO ?

It is important if one really wants to understanding Wyckoff

motorway
 
tech/a said:
joea

Thanks for the book updates
Please keep me informed Ill have them on my read list for sure.

As for my comment and replies to it.

There are 60 setups programmed into Tradeguider, with 2 sensitivity settings.
While I agree the You Tube videos are good for a start---if you can get past Gavins spiel---if you then attempt to read a chart from basic knowledge youll find it extremely difficult.

While I have both R/T and EOD I have to say that watching hrs of daily charts and the signals which are triggered I have learned far more from seeing it plotted in a live situation than trying to apply VSA from my own interpretation on a blank chart.

Many signals are 2 and 3 bar signals with 2 and 3 bar volume triggers so the signal will not appear until its too late to act for much closer timeframes (1 min for example) where your attempting small tick scalps.

Youll also notice many VSA patterns and triggers NOT plotted by the Algorithm.
Not because its a poor algo but because the trigger falls only marinally out of its parameter range.

All which trying to apply from a blank screen and a book or two would be a super human feat!

In My opinion the software has for me paid for itself many many times.It makes the analysis a simple glance rather than a blank sheet application.

Anyway what Ive found.
Click to expand...

Thanks Tech/a
I agree about the software.
However during a 24 hr period and 7 emails to them I finally got a invoice for the deal at the webinar.
However on the Invoice is a price, but no list of particulars of what I get for my money.
On my last email I have sent I have had no reply and they have probably gone home.

So I have decided I will not purchase anything from that site until they list the items.
I believe that they have made a slip up with the deal. I will be able to confirm this by listerening to the recording. I have the exact words written on what was advertised during webinar II

I have also come to the conclusion that Gavin is surely not the only one in the word of trading that is going to make money out of trading price action in relation to volume.
Or VSA.
SO I AWAIT WITH BAITED BREATH FOR AN ANSWER FROM THEM.
joea
 
joea said:
I have also come to the conclusion that Gavin is surely not the only one in the word of trading that is going to make money out of trading price action in relation to volume.
Or VSA.
SO I AWAIT WITH BAITED BREATH FOR AN ANSWER FROM THEM.
joea
Click to expand...

Your RIGHT

Todd is a Mile in front of Gavin and his software is still being produced.
I have all his stuff as well.
Combines far more analysis into the art of chart reading than Gavin probably knows!.

You can subscribe to his weekly video---usually 8-15 min and free with less guff!
and its NOT listening to Gavin!---weekly newsletter on front page!


http://traderscode.com/
 
tech/a said:
Your RIGHT

Todd is a Mile in front of Gavin and his software is still being produced.
I have all his stuff as well.
Combines far more analysis into the art of chart reading than Gavin probably knows!.

You can subscribe to his weekly video---usually 8-15 min and free with less guff!
and its NOT listening to Gavin!---weekly newsletter on front page!


http://traderscode.com/
Click to expand...

Tech/a

You have made my day!!! I thank you kindly.

Regards joea
 
We all have little secrets.
Thats one of mine.
Motorway has a few!
 
tech/a said:
joea

While I have both R/T and EOD I have to say that watching hrs of daily charts and the signals which are triggered I have learned far more from seeing it plotted in a live situation than trying to apply VSA from my own interpretation on a blank chart.
Click to expand...

Hi Tech,
Just a clarification. In terms of aiding the learning curve, are you suggesting watching hrs of EOD charts or hrs of daily short term real time charts. I have just started on the VSA journey and look forward to anything that'll aid my learning.

Cheers
 
aarbee said:
Hi Tech,
Just a clarification. In terms of aiding the learning curve, are you suggesting watching hrs of EOD charts or hrs of daily short term real time charts. I have just started on the VSA journey and look forward to anything that'll aid my learning.

Cheers
Click to expand...

I have a R/T Tradeguider Chart open at my desk all day--its just to my left so I glance at it often enough to "See" whats developing on a 1 min chart of the SPI all day and any other chart I have a look at which is of interest.
So these charts are happening in front of me where as an EOD is in very slow motion in comparison.

Even an EOD software would be extremely helpful and cut your learning curve down by a mile and increase curiosity and questions by the same amount!

Bottom line is I BELIEVE having the software (And I wish Kreugers was available) will help traders no end.
 
motorway said:
Inasmuch as this will help you to understand the market. You will
therein after think in waves.


So ''Many signals are 2 and 3 bar signals with 2 and 3 bar volume triggers''

ALL signals are really an INDEFINITE number of BARS...

Someone tell me why this is SO ?

It is important if one really wants to understanding Wyckoff

motorway
Click to expand...

Thanks Motorway for mentioning "waves" it confirms part of the process I use where I measure swings to gauge the continuing strength of prevailing trend and counter trends within the life cycle. As I read your post I thought "Yep, I totally understand what you are trying to convey"

As far as answering the question you posed,

The transitional period prior to an eventual tipping point in price, is rarely contained within a single time bar, It develops over a period of time, where the dominant force gradually changes and becomes the weaker force, direction change is the result.
I imagine other Wyckoff Method traders feel the same as I do on many occasions, where you see the picture emerging and need patience to wait for the market to finally reach that tipping point.
The story is read in sentences and chapters, not in a single word, this explains what Wyckoff does for me when I look at a chart.

Cheers, M
 
tech/a said:
Your RIGHT

Todd is a Mile in front of Gavin and his software is still being produced.
I have all his stuff as well.
Combines far more analysis into the art of chart reading than Gavin probably knows!.

You can subscribe to his weekly video---usually 8-15 min and free with less guff!
and its NOT listening to Gavin!---weekly newsletter on front page!


http://traderscode.com/
Click to expand...

I just wonder what a fly on the wall would be thinking when he observes all the trading software programs you have accumulated.
I sense you are honing in on the total product.
Total outcome from total understanding. Or before you correct me, total nett profit.
joea p.s. no pun intended.
 
Thank you so much for thelink to 'Master the markets'.

ITS BLOWN ME AWAY...

Makes ALOT of sense.

For example: the buying climax chapter was a definite eye opener. as soon as i finished reading that chapter i checked out the ASX chart and low and behold.....

The peak of the asx200 (sometime in April, 2011 from memory) also the day BHP hit $50 was a text book finish. narrow spread on good volume.

our year to date chart is virtually identical to the image in the buying climax chapter

Then down she went to where we are now.

Thanks again!
 
Some has stuck others are under utilised.
Metastock I use for Searches and Systems testing with Tradesim
Amibroker I have bought but never "Unpacked"
AGET is underutilized
Tradeguider EOD Dont need I can get daily on R/T but was bought before R/T released. and R/T I use daily.
 
tech/a said:
Doesn't mean it isn't there.
Click to expand...

It is there, and to see it it, is the ultimate pursuit of the journey (of successful trading) that we travel.
Most people trade to just make money and many fail.
But to understand the price action, and to make money as well is the ultimate mental stimulation for a trader to achieve. Some people see it as a challenge to understand.
But then I have had a glass of wine.
joea
 
Bloody hell Motorway has us both speaking in metaphors!
I'm stepping out to hug a tree.
 

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