I see that in the Yahoo quotes the ticker is CLN11.NYM.

I think that the more lines you add on a chart the more you increase the risk to lower the efficiency of your method. Here is a controversial article about Fibonacci levels that talk about Fib levels in a more persuavive way:

6.18 Reasons Why Fibonacci Is An Illusion | Articles-Technical-Analysis

@StockJock
... also i use PF charts only for cause and effect .. ie price target projection ...

Hi COTtrader, I practice many of VSA's elements in my trading and have some hands-on experience with older versions of TradeGuider, but also have some colleagues who use the current version, and most of them will tell you Tradeguider is not necessary if it is VSA you are looking to learn or trade.

As a charting package, it is frankly terrible, certainly so compared to TS and NT. Thus, it's only redeeming characteristics are the VSA signals it will throw up, and, as you mentioned, the scanner. I have found that the scanner usage of one of those "if I only had it, I'd use it" things, but ultimately, most people don't end up using it because it's ultimately too much to follow for many people, just like many of us don't trade more than a handful of instruments.

On learning VSA, it (Tradeguider) is absolutely not necesssary, but might make it easier. Problem is, the signals can become a crux after some time, and, often prevent one from learning to interpret the volume bars and price bars independently.

You may have seen that they now have TG plugin modules for TS, Sierra Charts, Metastock, ESignal, Infinity Futures, and MT4. None of them have the multi-instrument scanning ability that the standalone TG charting package has. Ironically, MT4 is the one with potential further programming/pattern recognition scanning ability - Gavin has mentioned in his seminars that they are looking at introducing this (as well as starting up a hedge/trading fund, to trade VSA signals/instruments). With the TS version, I am not sure if the EasyLanguage Function can be used to receive VSA signals - my suspicion is that it cannot. (I am mentioning this if, one were a programmer, scanning could be automated.)

Further on learning VSA, Gavin has been giving away Master The Markets, which is considered one of the most important books on learning VSA; it's the kind of thing you read many times, try to apply, reread, and repeat. He has also recently published a net new book which is chargeable, but has distributed a 29-page (or so) common VSA patterns, for free. The 2 publications I've mentioned as 'free' have been made available to webinar attendees, so I don't see any copyright infringement to anyone who did not source them from there.

And I agree that eSignal isn't necessary, especially if one has a futures feed. I suppose if stock/equity data is desired, the eSignal data feed could be necessary, if your broker is not already pushing volume data to you. One of eSignal's most unique features for spot forex is it's pooling of 200+ institution's forex pair tick volume data into one real-time feed, but frankly, a decent MT4 broker can be used for this (running with BetterVolume in MT4) if spot forex pair trading is desired. Hope some of that is of help.

@ PrymeTyme



What program do you use for PnF charts?

check the wbinar archieve of LTG Trading - Webinar and Chat Room Archives where there are several videos
of gary fullet teaching wyckoff bar by bar analyisis .. good stuff


cheers