larsdelgars

If anyone is interested in reading the price/volume book from http://tradewithvolume.com/ please PM me and make an offer. I have finished the material and have the book for sale. Best Regards and God Bless Lars

i have the chart reading boot camp CD's for sale make an offer via PM and i will ship them along to you

not surprising considering tradeguider is a scam company.

oh no!!!! attack of the trading shrink that can't trade.... i feel like i'm having flashbacks of a steenbarger seminar... lmfao... who would have guessed... another edition of tradeguider.... steaming hot pile of pump and dump... now quick... i need to login under my other screen name so i can talk to myself on the boards... LMFAOOOOOOOOOOOO

yikes... kruegers website traderscode.com.... looks like a tradeguider infomercial... $700 for a support/resistance DVD set??? WTF..... that is crazy.... he looks like a young Karl Rove... and with price's like that he is definitely just as sleazy.... you can get everything he is offering for $100 dollars a year subscription to ino tv support resistance/wyckoff/candles @ ino tv sorry i will not allow newbies to be ripped off and become disgusted with trading because of it.

market rises on nice crescendo volume from test-like bar seen on 12th (15)(16) as price advances and volume increases, spread increases commensurate to the volume increase and strong closes... this is healthy and SOS. (17) outside gap up bar close near the low.... volume greater than previous bar however spread is tighter than previous bar.... this indicates capping and the close near the low confirms the selling as well as the next bar down.... this isn't "end of a rising market" (even though this is the end of a rising market) because this squat simply isn't as blatant as others and there is some data further to the left on a sample including more bars so this "end of a rising market" is not into "fresh new high ground." (19) strength coming in or shake out.... outside gap down bar close near the high with the next bar up.... this also looks like a test bar because of volume less than previous two. this bar is a NR7 (tighter spread than previous 6 bars) the narrow spread coupled with decreasing volume indicate strength even though the market has come off.. this is weakness hiding strength this is SOS. (23) inside gap down bar is pushed into the area of the "strength coming in" bar to test supply.. volume is less than previous two and close in the middle or high on a down bar that made a lower low.... this is a test and volume is telling us this will be a successful test next bar up confirms our test. (24) this bar looks like no demand but because of the strength seen on the previous test bar and three bars before on the shake out/strength coming in it isn't no demand and next bar up confirms. after a base /shake-out/test i always allow for a couple weak volume up bars as long as the close is strong because supply has been removed and buyers are reaching for the issue even if volume has not yet reappeared. this is a SOS next bar up after a test. also up until this point volume is increasing on up legs and decaying on reactions and therefore SOS. (26) volume is weak for a bar with this spread... it is a strong marubozo bar out of context however in this context it is hidden weakness. weakness is also apparent because the market is not approaching the old high with volume convincing of a breakout. this is strength hiding weakness SOW. this is the first up bar that indicates buyers are no longer interested in higher prices. previous widespread ups either had healthy demand or supply swamping demand... this bar has no participation... no buying pressure... if this bar had been about 1.5 - 2 times the spread of the previous bar i would've been OK with it on this volume. (29) supply rears its ugly head and this bar is within the spread of the previous top that revealed supply. outside gap up bar into area of previous supply with close in the middle or low ... this in it's own right displays weakness but the tight spread NR4 and massive volume indicate that a ton of supply was dumped onto the market here... the smart money is liquidating and positioning short.... (30) this bar tries to test out the supply but the sequential volume pattern tells us this test will fail (31) a close higher than the test gives us a successful test with respect to the closing prices... however weak volume and lower low as well as an outside gap down open on this bar indicates that supply seen to the left will not be broken and SOW within this context this outside bar is a SOW... no buying pressure.... no upside participation. also notice that supply has not reappeared at the highs.... distribution is done for the moment... markdown is potentially on the way.... (6) effort to rise with no result... market closes the gap on healthy participation however market falls off indicating this rally was possible short covering after previous distribution seen in background... either way... no interest in higher prices. (7)effort to fall... up until this point volume had been increasing on up legs and decreasing on down legs or in transition... now volume is increasing on down legs and as the 8th and 9th display decaying on reactions higher and SOW. (8) up bar close in middle or high volume less than previous two next bar down also NR4.. no demand and SOW. (9) upthrust... distribution is complete.... some buy stops have been run giving the short term insiders some bearish inventory and the market is primed to drop... SOW,... notice how few buy stops were found on the thrust higher.... momentum players are now positioning as scale down sellers.... overhead demand is confirmed out of the market. I am short Gold and long the United States Dollar for 2009.... not just because of the 20 bar Wyckoff/VSA analysis of the index fund but also because of proprietary open interest analysis of the futures market. Smart money is selling gold and buying dollars... In a deflationary or "disinflationary" (lol) environment this makes perfect logical sense. However I know some folks will complain and say "currency crisis" "stim package inflation"or some buzzword like that ... 2009 is without question the year of the US Dollar. This is a great opportunity to buy dollars on a pullback or sell gold on a rally or both. the potential gain greatly outweighs the stoploss. On the equities side the long dollar play could be partially captured through the use of Canadian companies that export primarily to the united states.... obviously sector and industry would have to be carefully considered. i personally am not buying equities at this point because i am still bearish... despite the bottoming pattern that is trying to form/breakout.... i am still looking for another downleg before reevaluating my long term position on equities. if i am wrong and the market breaks higher i would be totally content to enter on a re-entry pullback opportunity.

nick radge does something similar... a 2 standard dev of the 20 period moving average for the high volume... then a ten period moving average for the low volume.... he has two articles on volume analysis... sounds like VSA to me. The Hidden Strengths of Volume Analysis.pdf The Hidden Strength of Volume Analysis 2.pdf

um just checked it still says coming soon traderscode.com

a couple more showed up in my inbox today WYCKOFF LAWS AND TESTS. By. Henry (Hank) Pruden WYCKOFF'S BUYSELL TESTS APPLIED TO THE. MALAYSIAN STOCK MARKET DOW JONES INDEX Henry Pruden WYCKOFF LAWS AND TESTS. By. Henry (Hank) Pruden.pdf WYCKOFF'S BUYSELL TESTS APPLIED TO THE. MALAYSIAN STOCK MARKET DOW JONES INDEX Henry Pruden.pdf

did a quick search of the archives and located this... Wyckoff Tests - Nine Classic Tests for Accumulation (Pruden) Wyckoff Tests - Nine Classic Tests for Accumulation (Pruden).pdf

yawn... i'm turning in early tonight..... i don't think anyone can disagree that bear markets have rallies generally the seasonal factor that you speak of is an October event or setup and that time has passed... another "seasonal" even also occurred and was priced in and sold into... and that is a 10% rally for a democratic president... i captured this event and sold into the outcome as everyone made it clear they were heading for the nearest exit.... when i see threads like this where every trader is agreeing with one guru prediction... i run... i don't walk to the nearest exit..... furthermore i find it funny that a trading methodology is being used to make forecasts about future events as opposed to making trading decisions.... if memory serves who called a bottom in September??? i know i didn't because i was short.. look... the market is making lower highs and lower lows.... volume is sequentially increasing on declines and decreasing on rallies.... supply is being found and levels where it was diminishing... take a look at what happened in the previous bear market consolidation that ended in September with a break to the downside. so then the argument was a bear market bounce... well ... like my article stated about bear market bounces... either driven by short covering or value accumulation... as i stated earlier the open interest dismisses a short covering rally... value buyers are spooked by extremely opaque balance sheets and bogus level 3 assets coupled with the fact that insurance in the options market is a major loser thanks to all the volatility priced in. so who is the buyer??? the smart money? nope absolutely not... the data absolutely dismisses that... in fact the data suggests that the buyer nowadays is the small timer trying to grab the bottom... the floor traders/locals simply looking for a 5 - 10 handle bounce or the plunge protection team looking to blow American tax dollars on another hail mary attempt to base the market... i'm fairly sure the VSA book even states that pro's do not orchestrate waterfall declines/strait line declines because even they cannot handle the supply thrown onto the market.... so what side of the market are you on? personally i'm with the smart money and the smart money is short.

An entire village in Africa doesn't have enough fingers and toes to count the number of W bottom / Spring / Basing patterns that fail in a bear market. We need to consider the most likely scenario... dead cat bounce. http://www.davemanuel.com/2007/12/31/what-is-a-dead-cat-bounce/ some random link off google

well i'm finding it hard to argue with a fairly neutral position. lol. all i can say is that it is repeating a pattern seen in September of finding supply in an area where supply was diminishing. increasing volume on declines is not bullish.... supply was being tested out on the "secondary test" however price is now finding more supply on the "spring" so to me that is rather bearish. a bear market rally could be in the works but the open interest disagrees with that forecast. the rally would have to be short cover driven and the shorts appear to be holding pat.... indicating professional bearish sentiment. best regards

well DA BOYS musta shown up fa sho .... what a surprise... price sought out volume just below another monthly line level.... seems orders are couriered to and fro.... understanding tests thanks to VSA and this thread kept me out of the first entry and got me in at 820.50 a few minutes after noon (central time Chicago here). BUT WHAT AN AMATEUR... i sold out after 30 handles and missed the whole damn move. ARGH UM ARGH ARRRRGH... i'll get it right sometime... doing my analysis right now and trying to focus on tests..... hope everyone caught that move...