Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

Subs

Members
  • Content Count

    5
  • Joined

  • Last visited

Personal Information

  • First Name
    Liver
  • Last Name
    Jessmore
  • Country
    United Kingdom

Trading Information

  • Vendor
    No
  1. Subs

    Sandbox

    What I meant were the graphics you posted to go along with the explanations in the ET thread are no longer there except in the thread I noted. I will definitely look to open a journal very soon. I no longer have any of that. But there are only so many ways to illustrate the same thing, and there are plenty of examples. By the way these are my Supply/Demand Lines I posted throughout the trading day not in hindsight.
  2. Subs

    Sandbox

    First and foremost thanks for all the resources you have made available on SLA and AMT. I was hoping you could either reupload the pictures or post this analysis from ET on TL? Elite Trader - View Single Post - Son of If You Can Draw a Straight Line . . . I am reading the 'Ghost of if you can draw a straight line' thread as its the only SLA thread with the pictures not expired. I also seem to draw a lot of lines which can really clog up the chart. How would you go about determining the most important Supply/Demand lines? The ET threads will be there as long as ET is. No need to copy and repost here. In any case, the SLA-AMT pdf is standalone. If you're interested in this approach, I suggest you open a journal so that all that you do is in one place. As to the Supply/Demand lines, you need only two, one to track supply and one to track demand.
  3. I posted a thread recently called 'Accumulation Vs Redistribution' where I commented on my difficulty on distinguishing between the two phases. I must admit I failed to reply as I was hard headed and set in my ways. VSA made sense to me but I always had a few niggling worries about concentrating on each bar religiously and its volume. I've started to read the 400p Wyckoff book posted on one of the stickies and its already made me change my mindset towards SLA and Wyckoff Theory. I have been contemplating using a line chart for a while with volume and it just makes sense but I won't go too far left yet and I'll look for HLC bars for now. The mindset of 'If A then B' definitely limits you. What I understand is volume only works in certain key areas like Support, Resistance or Previous areas of a push through support or resistance. Volume everywhere else essentially means nothing. Whether price is in Accumulation (automatic rally after 'climax') or Redistribution (rally in prep for a break of 'climax' lows) is mainly down to price action and tug of war between buyers and demand. Its good to remain open minded.
  4. I use demos by ECN brokers (Forex) which give a better view of the market than say a market making broker. Volumes seem to be quite accurate. My question is related to distinguishing between Accumulation and Redistribution especially when the market is already falling and you cant be sure whether the wide spread and consolidation is strength or weakness. I am looking at viewing higher timeframes like H4 to help with this but would love other tips. I was also looking comparing the range of other high volume bars.
  5. I have been reading on VSA and Wyckoff for a little while but I usually have problems differentiating between Accumulation and Redistribution (Distribution and Reaccumulation also). On the hourly timeframe you get the typical selling climax and trading range but when you think its ready to shoot up into a markup it just keeps on going down breaking the selling climax low. The problem is I'm not sure whether the top of the trading range is acting as an automatic rally in the accumulation phase or no participation on the upside allowing the markdown to continue down (Redistribution). Waiting for the break of the trading range will answer this question but you could find yourself at the end of the trading day letting the market pass you by. Any tips?
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.