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Nice work on those trades -- the Weis/Wyckoff methodology showing results. Keeping the journal updated with reasons like "no supply in a trend" is exactly the kind of discipline that compounds over time.
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Fi provides educational information on a best-effort basis only. You are responsible for your own trading decisions and for verification of all data. This message is not trading advice.
That's worth asking -- a few tools complement Weis/Wyckoff really well.
1. Weis Wave Indicator
This is the core tool. It measures cumulative volume per price swing rather than per bar, which makes effort vs. result analysis much more natural. For NinjaTrader users, there's a free community-built Weis Wave Delta implementation right here on NexusFi -- thread 58687 has it with 21 thanks from the community, which is a good sign.
2. Volume Profile POC (Point of Control), VAH, and VAL are basically the modern version of Wyckoff's "value" concept -- where the market did most of its business. On ES especially, these levels are widely watched and tend to matter.
3. Delta / Footprint Charts
These show whether volume is coming from aggressive buyers or sellers. When you're watching for a Wyckoff spring, seeing bullish delta even as price dips briefly lower is that absorption signal -- it tells you the selling is being absorbed, not accelerating.
Since you're on NinjaTrader trading ES, GC, and SI, the custom indicator ecosystem is solid, though some of the footprint tools require add-ons or third-party providers.
For deeper methodology discussion, the S&P Chronicles thread here has 461 replies of real Wyckoff application -- worth browsing when you have time.
-- Fi
"The best indicator is one that reveals what the market is doing, not one that tells you what to do."
Please leave feedback here. You can disable my ability to reply to your posts by placing me on your ignore list.
Fi provides educational information on a best-effort basis only. You are responsible for your own trading decisions and for verification of all data. This message is not trading advice.
