Recent content by Joey

  1. J

    The Springboard

    You are the man , Db
  2. J

    Looking for a Mentor - NYSE / Nasdaq Stock Trader - Day or Swing Trading

    Can anybody shed light on mentoring by Joel Pozen , previously linked with Tradeguider , Sebastian and VSA, charges $5000 for a month's mentoring course . Understand Sebastian is also getting in on the act as he has now stopped posting his video analysis
  3. J

    Most Indicators are useless - why does anyone bother with them?

    Db Quote "Most often, this question translates not as "how do you manage the risk" but as "how do you manage the fear". But in both cases, the answer is the same: you have to know what you're looking for and you have to know what you're looking at. The trader who doesn't know what he's looking...
  4. J

    S&P analysis for Friday 2nd Oct

    There is an interesting debate on Buying and Selling Vol. at Traders Lab. perhaps you might wish to comment there. What is DEMAND/SUPPLY volume? - Traders Laboratory , there is some logic there and if folks are prepared to post realtime charts and trades with their claims supported by their...
  5. J

    S&P analysis for Friday 2nd Oct

    Yes great commentary albeit short from the Master , highlights the need to watch the action on the Cash Charts, very interesting and informative indeed. More of the same please sebastian
  6. J

    S&P analysis for Friday 2nd Oct

    Sebastian and Db, Greatly appreciate your insights
  7. J

    S&P analysis for Friday 2nd Oct

    Thanks Sebastian, Yes I have read about upthrust , a classic manoeuvre by smart money to catch stops, this time however the bulls won, I suppose there was the overriding strength from players on higher timeframe. As can be observed from the chart, the market ignored all signs of weakness on...
  8. J

    S&P analysis for Friday 2nd Oct

    Wonder if you can help out here with VSA reading In the attached chart the market has risen over 100pts , this is a TG chart with VSA indicators, Now At "A", we have an upbar closing near middle on high vol, VSA signal indicates hidden selling. At "B" the indicator lights up a No Demand...
  9. J

    S&P analysis for Friday 2nd Oct

    Greatly appreciate your time and effort in sharing your knowledge VSAtrader, your analysis of market action on an intraday basis is invaluable in highlighting the manipulation of the markets by smart money. I would ignore irrelevant and adverse comments of some who are not interested in this...
  10. J

    S&P analysis for Friday 2nd Oct

    Have to agree with DB, Volume is a tool and very effective if read in the context of the price action , and just like any other (RSI,CCI,MaCD,) some traders use it to their advantage, others are unable to do handle it and move on to other indicators. There are many who use combinations of...
  11. J

    S&P analysis for Friday 2nd Oct

    My 2 cents worth: 1. Whatever drives the market, be it fundamentals, technicals, or sentiment, will that not be reflected as activity in the market i.e price movement and volume and in that respect I would have thought that the ability to read and interpret volume provides an extra edge to...
  12. J

    S&P analysis for Friday 2nd Oct

    Something wrong with this file, would appreciate if you would repaste it, does not open well as a pdf file
  13. J

    S&P analysis for Friday 2nd Oct

    If you get hold of Vadym Graifer's book on "Techniques of Tape Reading" (nothing to do with DOM orders or Time/Sales) you will find material to work out strategies and tactics for entry/exits etc. There is no one single method of entry or exit for a particular setup. You can exit for a fixed...
  14. J

    S&P analysis for Friday 2nd Oct

    Tom's book is now available as a free download (e-book), the Bootcamp CD is visual so it certainly enhances your learning curve. Then you only require a charting package which prints Price bars and Vol. You can learn a lot from threads by Dbphoenix on price/vol and analysis on this thread...
  15. J

    Level II - Useful or not?

    Thanks Glenn, I meant the time frame which is reflected by Level II is the shortest. Refer to POST 10 of Grey 1 "How ever and this is my main argument ,,, as the trading time frame in creases the edge increases and as a result L2 which has the lowest time frame will yield to such a tiny edge...
Top