No Demand Up Bars - Where to Short

Filmed on Sunday November 9th 2008 Tom Williams, author and inventor of Volume Spread Analysis, explains what to look out for tomorrow by using chart reading skills today!!

Category:

News & Politics

Tags:

• jim
• cramer
• market
• manipulation
• oil
• crude
• dollar
• forex
• trading
• credit
• crunch

[Catcrazy69]

@AmritSinghAuja Very good points, people need to keep in mind ALL indicators are lagging and you will miss the best entries, just look at TRE.TO in the last month or so. Also smart money sells into strength while retail investors are buying late at that point and retail ends up selling at a loss since they bought near the top.

[applesaucebi]

@ffo3000 1) just because the market is going up does not mean that sm will be buying they are not interested in the up move because they know that the market is week this is the cause of no the no demand. you have to look into the background

[dalesalsa]

This video does not work for me!!

How can we make this video work ?!

[pchu1976]

@AM2M

[ffo3000]

please help! what i understand so far is this:

1) low volume in an upbar is a no-demand bar. smart money is not interested in buying further. so why is prices going up at all (apart from the mentioned reaction on the cash market)? so a no-demand bar is weakness, right?

2) high volume in an upbar is weakness as well? because smart money sells into the buying pressure. So when is an upbar for real then?

[AM2M]

I am sure that this system works and I learned some good things from Tom Williams; however I stripped my trading of all of the complicated stuff and trade with trendlines and candlestick confirmations and I am making a killing. I now trade the K.I.S.S(keep it simple sexy) method.

[AmritSinghAuja]

if any other trader is reading this, and having doubts on trade guider, not even trade guider but on tom williams system, its you that is WRONG.

Because if your using indicators, YOUR LATE and we both know that, when your trying to get into a trade using indicators your late on entering and late on leaving,

this system, teh REAL way reading candles and volume, or raw data is the right way

[AmritSinghAuja]

Wrong Dissalined, its because the professional money is the seller they are distributing to mis-informed buyers,

you need to check out Wycoff, Tom williams system is based off of it, and is 100% correct(BOTH are right), williams made it more clear,

This is also comparable to Josh Lukeman, morgan stanley market maker book, but he didnt explain it well as Tom Williams, another market maker, syndicate trader

[DISSALINED1]

pro money is selling on high volume days because the stock price rises when there are more buyers than sellers and it goes down when there are more sellers than buyers!! This is basic trader info.

[davidprew]

If the high volume had all been buying (second bar back) would of had a wide spread up, but if you look compared to the previous bars it has quite a narrow spread which would suggest there is selling going on in that bar. What I struggle with in the begin is that the professionals buy on down bars and sell on up bars so as not to mark the price up or down against them, try trading like that!!

I believe you can still get Tom Williams book for free at tradeguider I paid $99. hope this helps