Wyckoff trading method, page-490

  1. 1,058 Posts.
    Jako, As per your comment above, just chiming in to let you know that you are "getting somewhere" The actual chart reading is certainly the important thing at the moment. The detailed interpretations are vital for a wickoff/vsa learner like myself. It all sounds simple as you explain it, but I then need to go to one of my charts and see if I get a sensible picture from my interpretation, as real life charts seem to throw up a lot of variations to the ideal. Obviously, as knowledge is gained, the chart is not as difficult to interpret.
    As always, I find the repetition on various charts embeds the necessary observations, ie is there strength or weakness in the background etc, so it becomes instinct not a conscious thought process.
    It also appears that the more spec type stocks are not as easy to interpret due to their volatility? and or trading volumes? eg ,88e of late. It certainly it has been showing "signs of weakness" but the chart, continues to climb, only recently topping out.
    Im guessing this thread is moving slowly for you, however, it gives time for us to get things set in memory while still living life.
    You should have written a supplement to the tradeguider series, your teachings are easier to understand than mr holmes!
    Keep up the great work.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.