Effortvsresult — Trading Ideas on TradingView

HOW TO: Lesson 2 - Learn from the Master's Wyckoff and Weis This video explains the Change in Behavior concepts as well as Effort vs. Result and how Speed Index is filling the gap of quantifying these concepts. Enjoy! PS. I am really sorry about the mouse I had some windows 11 issue during recording.

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AUDNZD - Finally Moved ...and you thought it was the news - No This video explains the Hard to Move Down Concept or the Effort vs. Result concept using Speed index. The move was not the news it was buying on the previous down waves!!! The result 134 pips so far. Enjoy! Learn To read and Trade any Market!

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AUDNZD - Effort vs Result Wyckoff Concept explained - Long Every chart has a story to say and this is the story of this one: Hit Support First Huge Buying wave Going Back to Support Abnormal Speed Index Numbers= HTMD(Hard to Move Down) (Effort vs Result concept) this is where the big guys are absorbing all the sell orders with buy orders. Finally the last fake moves down with Low Speed Index = Fast Fake ....and up we go! Enjoy! Learn to Read and trade any market

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The Laws of Wyckoff: Effort Vs Result Introduction: --------------------------------- Richard Demille Wyckoff (November 2, 1873 – March 7, 1934) was considered one of the five “titans” of technical analysis , along with Dow, Gann , Elliott and Merrill. Wyckoff was an avid student of the markets, as well as an active tape reader and trader. He observed the market activities and campaigns of the legendary stock operators of his time, including JP Morgan and Jesse Livermore. From his observations and interviews with those big-time traders, Wyckoff codified the best practices of Livermore and others into laws, principles and techniques of trading methodology, money management and mental discipline. Laws of Wyckoff --------------------------------- Wyckoff Analysis is fundamentally based off the Three Laws of Wyckoff, which can be found and recognized across many different types of Analysis, the Laws help give insight to our analysis and choice of buying/selling. The Three Laws of Wyckoff are: Supply & Demand Effort vs. Result Cause & Effect Law #2: Effort vs. Result --------------------------------- Wyckoff states that every effort should lead to a result in the financial markets. The above example describes the concept of Effort vs Result in a Trading Range (Parallel Channel) using Volume & Price Based Analysis This statement is applied to our charts by using data found on Trading View from the Volume Indicator. When we see abnormally large trading volume at key areas on the chart, such as a defined "TR (Trading Range)" we can usually expect a continued move in that direction, this is called the Breakout of the range. But if buyers cannot gather enough momentum to continue the Breakout action, they may become trapped, and as prices fall back inside of the defined area, their Effort has produced no Result. That abnormally large trading volume can give us a potential sign that the participants betting on the market to move in that direction failed to gather enough momentum to do so (Light Blue), which leads to them being trapped (Dark Blue) and then a reverse in the opposite direction in price (Purple). This kind of Analysis is not just "fixed" to the bottom or top of a Trading Range, Effort vs Result can be interpreted a number of ways, for example in the below image we can see that the Effort in this case was not outside of the range, but a failure from the buyers to hold prices INSIDE the range: --------------------------------- Thank you and if you found this writeup insightful and informative don't forget to hit Subscribe, Like & Comment to show your appreciation. Visit my signature for further education on these concepts in action