I was invited by TradeGuider to present a special webinar to VSA club members at TradeGuider’s VSA Club. We discussed the connection between Richard Wyckoff and Volume Spread Analysis.
As many readers will know, Tom Williams, the creator of VSA, had learned to read the markets through the Wyckoff Course while working for a US trading firm in the 1970s. Like Wyckoff, Williams used to do a lot of hand charting of the markets. And, like Wyckoff, Williams began to see things in the charts that few traders ever learn to see. He then spent years computerizing what he learned into charting software that eventually became TradeGuider.
I had a lot of fun discussing the application of some of Tom’s discoveries through a bar-by-bar analysis of the markets. Several nuances that Tom discovered while hand charting have become a part of my day-to-day trading. When I pause to think about this wonderful method we call Wyckoff and reflect on the lineage of contributions by Wyckoff, Evans, King, Mathys, Weis and Williams, I am very grateful to these giants upon whose shoulders I stand.
The webinar was held yesterday (Monday, Jan 17) and will become a part of the VSA Club archive. You can learn more about VSA and the VSA Club here: VSA Club
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