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jjthetrader

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Everything posted by jjthetrader

  1. Hey Chad, two questions now that I'm up and running. First, can I get volume levels to appear in the right pane like price? Please see pic for further explanation of what I mean. Second, how do I get candles like the second pic that I took off your site? thanks JJ
  2. Chad, does IRT support multiple monitors?
  3. I assume you're talking about if you go with charting? If you don't use their charting there is no inactivity fee that I know about. I don't use their charting so maybe there's a rule in there for that.
  4. There's not much point going into bar by bar on that rocket but looking at the big picture we see all kinds of accumulation so it's time for the markup. There were little or no sellers at the bottom. If you look back about a week you can see the pros accumulated at the exact same level. There's something about the 1330 area they liked. Might as well be in on the markup phase. Just keep an eye out for it's when the selling starts.
  5. Welcome Db, You may not think you're VSA per se but since VSA is basically spotting the balance/imbalance of supply & demand I'd say you are. I've read your 'book' and enjoyed all sections. I like how you tie everything together always keeping the basic Wyckoff principles in there. The book is excellent and has helped me a lot.
  6. There's a better test right at the top of the WRB range you marked. That would have got you in if nothing else. Thanks for posting.
  7. Personally my stop would be just below the test. That area was tested for supply already and if price moves back into that area with volume then I'd want to be out, it would be a failed test. For those with larger account sizes you could probably put your stop below the last swing low. A close in the middle is acceptable for a test. The volume is what's important. The test I showed you wasn't exactly perfect that's why you wait for the confimation bar. Those two bars after the down move I wouldn't call tests. They're more of a consolodation working out the balance of supply and demand. Since they inch up slightly demand is overcoming any supply but the closes in the middle aren't that impressive. That's why you want a test. Hope it helps.
  8. Thrunner, the video wasn't for 'experts' such as yourself. New people join this thread everyday and are totally new to VSA. I figured it had something of value for them. But if you've got more advanced material to share we'd love your contribution.
  9. Hi Leonid, this is just a quick recap of what I saw at first glance. You're in an uptrend, higher lows on the swings. You get that big down bar that closes off the low with the next bar up (the area you marked as 1). This confirms buying on the downbar. A couple bars later you get what appears to be a test. You could have gone long after the test was confirmed. It's totally personal where one gets in. You said by then it's too late but a decent strategy is to buy high and sell higher, not necessarily buy low sell high. By waiting for confimation you don't get the best enty price but you do get more confidence. Hope it helps.
  10. I had a request for the Joel video unzipped so here it is: http://www.traderslaboratory.com/fileshare/38649
  11. No problem. Great to have you here. Looking forward to your perspective since you've been at price/vol for while. cheers
  12. Sorry Naveen, I'm not into Volume profile per se. To follow up my earlier post, that zone obviously was accumulation. Now we're going to see the markup and distribution.
  13. Here's a bit of what I'm learning about looking to the background. This is a chart of the ES. Price seems to be at a very interesting level. Are we reaccumulating in all this mess today? I'd love to hear people's opinions.
  14. After you watch the Joel video here's a recent example on the ES of what he was talking about. It's the game the pros play.
  15. Like Monad said, nobody really knows if PP actually traded. He may have, he may not have. His theory was sound and his hindsight analysis was good. So if you're able to emulate that simulated trading style in real time then you're in a good position. I would encourage you to try and trade that way because it's textbook VSA, literally. As for PiggyBack and Shep, they're good guys. Unfortunatly they can't share their know-how. It's really too bad because I'm sure they could help a lot of people out. But in the spirit of them not helping out I feel like sharing. Here's a video of their Mentor , Joel Pozen, that he did for tradeguider in '04. It's not copy written and if anything if promotes tguider so it should be 'safe' to post. If it gets taken down just PM me for a link. http://www.traderslaboratory.com/fileshare/160385 CandleWisperer, you've got those bars labeled correctly. Bar 3 is iffy as to what you'd call it. Let's just say a weak bar after weakness. That's how I like to see these things sometimes. Keep it simple. Good trading.
  16. Sold! I'm signing up. Great to have this section at TL. Appreciate your response on a holiday!
  17. I found the screenshot of market delta and thought since your software is so similar it might have it. Here it is.
  18. Cool. And you could overlay the smoothing on top of raw volume I imagine?
  19. Those look cool, thank you.
  20. One more question, does IRT have the ability to plot an average on Volume? thanks
  21. Hi there, hope this is ok to post this here. I'm thinking of going with IRT. I saw a presentation of Market Delta software and wondered if IRT with market profile can overlay the volume distribution overtop of the price chart similar to the attached chart. thanks
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