My Journey of Discovery to Wyckoff Volume Spread Analysis

Description

Philip had an interest in the financial markets from an early age. He started by studying fundamental analysis, later turning to technical analysis and in 1989 came across Volume Spread Analysis. Taught by the late Tom Williams he has become a leading expert in understanding VSA which incorporates volume, price spread and the close.His aim, by writing this book, is to share that knowledge with others and explain his journey from fundamental analysis through to volume spread analysis.In the book, chapters covered are fundamental analysis and a brief overview of technical analysis before moving to the main topic of VSA. The later chapters cover the VSA principles in detail, Support and Resistance, Wyckoff Point and Figure, Other VSA related topics, Major Market Events, Strong and Weak Bars and a final chapter pulling everything together with trade setups. Total pages 292. Fully illustrated in colour throughout. Although weekly and daily charts have been shown as examples in the book, the VSA methodology works on all time frames from monthly down to one minute charts where there is sufficient activity taking place. The charts used are mostly bar charts, the author does not use candlesticks. Please note: Philip Friston no longer has any connection to Tradeguider. Review: This is the best book on VSA - I am glad that I decided to invest in this book. Having studied the Wyckoff method in detail, I can confidently say this is the best resource I’ve come across about VSA. Once you fully absorb the material, your confidence in chart reading and understanding supply and demand dynamics will soar. However, this is not a book for beginners—you’ll need a solid grasp of Wyckoff terminology to get the most out of it. For those at an intermediate or advanced level of technical analysis, this book is packed with many 'aha' moments. The writing is clear and well-structured, and the author has clearly put significant effort into organizing the content in a logical and accessible way. Review: Astonishing work! - First of all, I want to thank Philip for this impressive work. I'm sure Tom Williams would have loved it if he was still among us. It may look like a cliche, but I wish I had this book in my hands two years earlier before my last (and worst) trade. Because I know if I read this book before, I wouldn't have made that bad trade (which cost me 19 months of salary btw). I guessed we were at the bottom, unfortunately we weren't... Wyckoffian, VSA trader (or investor), call yourself whatever you desire, believe me you want to read this book... After having read almost all the good stuff in the field (Anna coulling, the Wyckoff course, Tom Williams, Richard Ney, Livermore, Humphrey Neill, Hoyle, and David Weis) I knew quite right the theoretical side, but two things were still missing: identifying an accumulation zone and TIMING the trade. Waiting with patience for the last confirmation bit in order to be sure you were in an accumulation zone AND break through it to the upside. It might be hard to be sure you're in an accumulation zone, sometimes it looks entirely like it, you are so sure you jump in before leaving that "accumulation-looking" area, but unfortunately it wasn't one, and in the next few days it letterally collapses. That's sad to say, but I know I'm not the only one who lived this situation. Despite the price, I bought this book hoping I would find the last missing pieces in my learning, and I'm not disappointed AT ALL. I felt so powerful after having finished it! I started to read the bars like I never did... If my book had to dissapear tomorrow and the price was 200€, believe me I will order a new one without any hesitation. It may be true the price seems high, but somethimes you have to pay for useful knowledge, and in this case believe me it's worth it. Have you never paid a high price for a book that didn't teach you something new? I'm sure you did, we all did. The book is plenty of graphs, all in color, explained with a crytal clear language (and english is not my mothertong). I bought another book with this one but haven't read it, and I know I won't, cause I don't feel the need of any other trading book anymore... I rarely write a review, but I felt this time I had to in order to thank the writer. Happy to be in the first few ones to review this soon-to-be popular book. Thank you Philip...