Everyone is looking at the SAME OLD CHART(Time frame chart) because many people do not know that there is a few other charts available out there. I will reveal 2 additional charts .I know 3 additional charts but I would love to keep the final one as a secret.
1st : Point and Figure chart (everyone knows about this)
2nd : Volume tick chart
Now, a secret is being revealed. The volume tick chart ,if used properly will yield high returns especially in the stock market !
I know a person who uses this chart but he refused to give me any additional information. There are many times when I wanted to korek info from this person but again and again, I got rejected.
I am a loyal follower of Martin Wong's blog and I believe he is doing a good job in sharing information to all of us. His blog address is in my blog list. Well, his partner and him are teaching a method called VSA ( Volume Spread Analysis ) and this method is founded by Wyckoff , one of the fathers of technical analysis. Currently, they are promoting a software called TradeGuider. There is a few questions that pop out from my mind.
1st : If I use TradeGuider, can I just rely on this software to give me signals?
2nd : If I use TG, do I still need to attend VSA seminars ?
3rd : What is VSA seriously speaking?
4th: Can VSA work in the futures market?
Can someone enlighten me with this?
p/s: I just know that if a stock sells down and make a new low with very low volume, it is a reversal . Is it true ah?
8 minutes ago
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