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Seb Manby

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Everything posted by Seb Manby

  1. Seb Manby
    Volume Spread Analysis If you wish to attend the funeral, then register here. Sebastian
  2. Seb Manby
    Dear friends, Tom Williams passed away Monday night 7th Nov 2016 at home in Worthing, he was with Dallas his long time companion, and Gavin Holmes. He was like a father to me and I will miss him more than words can express. His funeral will be next week. Rest in peace. Sebastian
  3. Seb Manby
    Well, I had no choice but to play along to gavin's tune at those seminars, I don't like standing up in front of an audience at all, i'd rather be behind the scenes. The seminars were done on a weekend, because it would have been almost impossible to get the nembers there, they did say they enjoyed it very much, I realise that you have to study in hindsight as I had to do. I would print off charts and study them intensely until the penny dropped. A customer of TG coined the phrase, chart reading machine, I personally am not keen on it. Sorry Taksuki, I got it wrong, the thread showed your name, not Monad. I can read the live edge consistently, and have done it many times, and I don't need to prove it. Why do you hate TradeGuider so much? not everyone likes Gavin's style, I must admit, but he is a salesman, and that's what salesmen do(I think) Regards Sebastian
  4. Seb Manby
    Hi Tasuki, A very intresting post I see that you have made. Well it is interesting that you think I can only read the market in hindsight, there are many people at the boot camp that would not agree with you, Eiger was there imputing the trades live, not me, and I called the market up from the start, and then all the way down after 12.00 PM. I even had to explain again for the video. Unless you have concrete proof that I can only read charts in hindsight, I would like to suggest to you that you refrain from this misleading banter. http://www.tradeguider.com/emailshot/bootcamp_2009/vsa_course/index_uk.htm Also, I have been aproached by a Hedge Fund Manager who wishes to engage me as an analyst, this will happen in September, so reading a chart in hindsight is of little value to a professional trader, and this will be the most valuable insight as to how a market is manipulated I can imagine. Regards Sebastian
  5. Seb Manby
    Hi; I have a little difficulty with your text, 1st is that you will NOT see a 'no demand' bar after a shakeout, not weakness. The market is now primed for a rally as the herd have been shaken out of their losses, a key ingredient. A; This bar is a test after strength has appeared, the previous bar is simply that professional traders wait to see the reaction of the shakeout, they do not want supply to get in the way of a rally, as it is unproductive and not good for profits. As we now see a test at A, we can now assume that the market is strong. After a shakeout, we look for confirmation that this shakeout was genuine and not false, this test gives us a major clue. B; This is another sign of strength, because the price is marked down into the bar of A1 bar, as you can see, the volume on this down bar is lower than on A1, next bar is up, and the bar to follow is narrow, on a down bar with a slight increase in volume. The market needs to continue to test on the way up as it does at point C. You need to look at the unfolding story and not get bogged down in 1 or 2 bars. If you see a low volume up bar after a shakeout, assume the market is resting after the effort, if there is no confirmation, the market may very well go sideways. Regards Sebastian
  6. Seb Manby
    Thanks, I moved it to the correct one, must have slipped to the wrong chart. sorry. regards Sebastian
  7. Seb Manby
    test bar has to make lower low than previous bar The low for me personally should be higher than the previous low. how do you well-define previous selling area where should be dip test-bar For a successful test, we must have strength(always on down bars) in the background. Regards Sebastian
  8. Seb Manby
    Hi everyone; I was not looking for praise, but thank you anyway. I am a straight shooter when it comes to questions that are put to me. I just said what I felt I had to say. Thank you once again. Sebastian
  9. Seb Manby
    Hi Speres; I assume that you are referring to my status quote, I just don't think there is anything else I can learn, I think I have reached the end of the road, and I have to say I am disappointed because life is most interesting when you are trying to overcome a hurdle, Tom Williams cannot teach me anything, he cannot find any faults in my analysis, can any of you out there teach me something about VSA technique I cannot see in a chart for myself? So now what? do I just turn that knowledge into a fortune? I don't need anyones else's money, I have more than enough for my needs and wants, so will I be miserable for the rest of my life? Gavin wants me to run the educational side of TradeGuider, I have agreed to work for them on a part time basis. Everyone in this room is talking about success, or trying to find it, but how many of you are thinking about the consequences of that success, and what will you find in yourself if you then arrive at that success? will you become bored of trading? will success make you slack in your discipline? For me there is no challenge in reading the market anymore, no struggle to make me feel excited, I have thought of finding someone who has decimated their account and replenishing it for them, but what would that achieve?, be warned that if you reach the top of your tree, what expectations will you have then? That is the reason for my status quote under my name. I am currently writing a book similar to Tom's, but explaining all the principles that Wyckoff wanted the public to understand, going into great detail, better than any book I have read, giving hundreds of charts in greater detail than my PDF postings last November, I am hoping that I can help someone with no experience to become someone who can support themselves financially on their own two feet, through the book and training videos, then I might not have a reason to exist after that. And Tom has been asking me to write a book for the last four years, so I caved in. Best wishes to you all. Sebastian
  10. Seb Manby
    Hi Guy's Late buying on the close today ES contract, should mean higher open Thursday. Regards Sebastian
  11. Seb Manby
    Hi Dandxg I`m glad you like my videos. you should rate them for others. Contact Gavin for Aspen. Regards Seb
  12. Seb Manby
    http://www.videos.traderslaboratory.com/view_video.php?viewkey=33bc65bf8d78622277c4 Eiger; There is nothing difficult about reading your chart, I have uploaded a video for you to view. I did not look at the date(20th feb), I thought it was from the 24th June. I had an email from Gavin, look forward to meeting you in Aspen best wishes Sebastian
  13. Seb Manby
    Eiger would be most welcome to take over, I like nothing better than the quiet life, the spotlight can be turned very quickly. Gavin and co are planning another seminar in colorado this October, Eiger, if you wish to send Gavin some charts, I think he would contact you, but beware, your free time would be gone.Best wishes Sebastian
  14. Seb Manby
    Don't take offence from my post, it is not mean't to be offensive or rude, but we must consider others with less background than ourselves, in time this will change. Regards Sebastian
  15. Seb Manby
    This evening, I am going to concentrate on the daily chart, because I think it is more intresting than the intraday chart. Today we had a down day but look at the close, it is close to the close of the previous day, but the volume is high, this tells us that there has been support at the lows of the session, also that the low of the previous bar has not been broken, this is a potential sign of strength, yes there is still supply around, but buying off the lows we should be alert. If thursday is an up day, then danger for the bears, we would be then looking for a low volume down day to follow, closing off the lows on low volume, this would tell us the the lower trend channel could be revisited, look for signs of strength as it approaches the lower trend channel if this happens. we would be back into an up trend, and the news channels will of course be well behind the curb as usual. Non farm payrolls on Friday, this could push the market up and through the lower trend channel, after a shakeout. There was late buying in the last hour of the trading on the 10m chart, meaning Thursday could open higher on the open. Regards Sebastian
  16. Seb Manby
    Market took a big hit today, i have posted a 10m chart, and this chart shows very high volume on an up bar which I have placed the cursor to highlight. This shows supply and a negative bias into wednesday. There was also more weakness 25 mins before the close. On the daily chart we have a down bar on high volume close off the low, the close bounced off a low going back to 27th May, this could be interesting to follow if this holds or not. I did not see smart money buying into the close, this tells me that they are not interested in a high open wednesday, Although, we could have a shakeout within the first 2 hours of wednesday's session. If the market is really weak, it will just continue down, lookout for 1370.5 as a low. most important: Keep an open mind. Regards Sebastian
  17. Seb Manby
    Hi everyone; I wish to clarify something, I allow the market to tell me it's immediate future, which is what Wyckoff stated, I do not form opinions or views, I state what I can see and what I expect to happen next, based on what the market is telling at that point, if it does not happen, then I wait until the next development or change in conditions, the professional money will always show their hand to those who can read it, usually just before a move in one direction or another, also, no one can control the market, but those who can read the laws of supply and demand can adjust their trading strategies. There is manipulation in all markets, but this can only be for a very short time, else it will be traded out of the market by other big traders watching. In posting my charts, I was not clear as to what to look out for, this is why there was confusion, when I said the Dow had the potential to rally, I should have said the next day should have been up, but it was down instead, this would have wiped out any temporary sign of strength, a down bar on a narrow range indicated that the Dow was potentially supported on that day, meaning that it was not allowed to fall through the floor, this did not appear on the SP Emini, also, on the chart that I posted, there was a small selling climax right at the end of the session (5m chart), this usually means a rally for the opening of the following session. this did not materialize, again an effort to support the market for the following day, but there was too much weakness around which I also observed, again I allowed the market to tell me it's likely direction, but I would be foolish to cling to opinions or views. The market is like a pool of water at the top of a hill, it will not run straight down the hill, it will meander and twist and turn until it finds the path of least resistance to the bottom. I hope this clears up the confusion of my previous posts. Regards Sebastian
  18. Seb Manby
    Hi JJ; Low volume up bars closing off the highs indicate that the smart money are NOT intrested in the up moves, also, no shake out of the market on bad news is absent, please note that the real volume is absent on the Dow, but I am collecting the real volume now. Reagards Sebastian
  19. Seb Manby
    Regards Sebastian
  20. Seb Manby
    Hi JJ; The SP emini daily chart does look weak, but the Dow cash does appear to have the potential to rally, there was a shake out on Friday on the intraday chart so I do expect Monday to open higher, but I do not agree with your trend channel, I am using the last trend channel that has appeared. Regards Sebastian
  21. Seb Manby
    Here are 2 more charts showing trend channels using Reuters data. clearly shows the market trying to break up through a lower trend channel, which looks as though it will bounce lower at the moment. Regards Sebastian
  22. Seb Manby
    Thanks, I must have clicked one month forward on Bloomberg calendar, and I was quite tired too, so maybe that is why I did not pick up on it. Regards Sebastian
  23. Seb Manby
    Well today at the end of the session, we had a shake out, So Monday I expect to open higher, but the daily chart looks weak still, and I think we will see the bottom of the trend channel(Daily chart). there was no shake out of the market that I can see, so I think the overall picture is still weak, however Monday might show some strength, but I cannot say if it will last. Some employment news this week, but 4th July and the Boston tea party and all that will put a short week into peoples minds. Please not that my views can change, and are not set in concrete as market conditions can change. Regards Sebastian
  24. Seb Manby
    Hi Gary Glad you enjoyed the event. regards Sebastian
  25. Seb Manby
    wednesday 30th April Fed lowered interest rates today, so what? well there was a selling climax at the end of the session today, and so thursday will open higher at the bell, this could even extend through Friday. SP Emini contract. FOMC always a good shakeout opportunity for the professionals to rid the market of the herd. Regards Sebastian
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