One more,

AUDNZD Weekly, far right, divergence between price and 5D, 3-10 confirming.  On the left TL break on price vs. TL on 5D.  Numerous ways to trade 5D, the more you look at it the more you will start to see.

From yesterday, 6/8/18.  5D makes a spike, price makes a high, price stays high but 5D not doesn’t follow.  Institutions are selling at this level.  My attachments aren’t showing, link to image below

Here is a couple, notice price is not following 5D.

https://www.screencast.com/t/iH1yRe9ZtTQc

Hi Sergio,

The 5th Dimension is  fantastic indicator, please keep supporting this indicator.  Like mak, I use it from a Supply/Demand perspective.  I’ve found that it works on all timeframes, from weekly to the lower timeframe.  Once you start watching the two charts together you can see institutions active within the bars.  I’ll post some exam…[Read more]

Not sure what the big secret is when it’s already on a very public forum

http://www.forexfactory.com/showthread.php?t=141195

Personally the only news that causes me to get flat going into news is Red News.  Trading once Red News is announced is a whole different tactic.

Richard D. Wyckoff is the king in everything Volume, but mostly in Stocks, Futures, Commodities, etc. I have some Academic papers on the subject (PDFs). I need to find them and I’ll send them to you. G. [/quote]

Here’s one that I have.  I can probably dig up a few more.

added Wyckoff Schematics by Hank Pruden

Richard D. Wyckoff is the king in everything Volume, but mostly in Stocks, Futures, Commodities, etc. I have some Academic papers on the subject (PDFs). I need to find them and I’ll send them to you. G. [/quote]

Here’s one that I have.  I can probably dig up a few more.

added Wyckoff Schematics by Hank Pruden

Richard D. Wyckoff is the king in everything Volume, but mostly in Stocks, Futures, Commodities, etc. I have some Academic papers on the subject (PDFs). I need to find them and I’ll send them to you. G. [/quote]

Here’s one that I have.  I can probably dig up a few more.

added Wyckoff Schematics by Hank Pruden

Richard D. Wyckoff is the king in everything Volume, but mostly in Stocks, Futures, Commodities, etc. I have some Academic papers on the subject (PDFs). I need to find them and I’ll send them to you. G. [/quote]

Here’s one that I have.  I can probably dig up a few more.

ditto

Agree with everything you wrote.  Nearly always slope of price can be identified with S/R.  Price can make a new high and it can clearly be identified as bearish

Thanks guys for the explanation and considerate contributions to the forum.

I may be way off base but here is my take.  Using the Sergio Borsani indicator Candles by SB we can mark the 1hour range on the 5min chart to visually see the 1 hour channel.  Unfortunately the indicator doesn’t allow multiple attachments to create the other time frame channels.  G is this a starting point to what you are describing?

If anyone has an explanation of the meaning of the smiley, skull and stars I would like that information as well.  Thanks in advance.

Thanks guys for the replies, I will continue to evaluate.

I’ve never had much luck making entries with the break on OBV, as soon as you enter on the break OBV will swing back inside the channel and there will be no record of it breaking outside.  In hindsight it looks good because of the repaint.

I’ve never had much luck make entries with the break on OBV, as soon as you enter on the break OBV will swing back inside the channel and there will be no record of it breaking outside.

  Thanks for the video pip.  Makes good sense to be aware of the position on the 15 or even hourly and then drill down to the 5 waiting on a retrace to complete before entering with the higher TF trend.  In regards to the forks on spaghetti, I will need more time to evaluate if there is anything useful going on.  I’m trying to look at it from an…[Read more]