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Richard==>

David==>

There is complete Description of Wave Charts in Richard Wyckoff 1931 Course.

I would make this point. Richard Wyckoff was the master of Volume Analysis.
Too many focus on volume to the exclusion of other aspects that are as Important.

There is Price , Time and Volume. All seen in relation to Position.

Note this quote form His 1932 tape reading Course..

Also note a Question he answered in 1912 to a reader in the Magazine of Wallstreet.

The reader was very impressed with VSA and asked about using volume and price like that.

Richard impressed upon him that other vital factors were just as significant and just as Important as Price and Volume.. Especially the time Element.

A proper wave chart even an EOD one is Built from the intra day waves.
To what extent using EOD data will work would depend on how much information is being lost in each particular case. Sometimes it might not matter.
Sometimes it maybe would matter a lot. esp maybe around turning points.

A wave Chart .. Displays The Price ( Spread/range ) , Time ( Duration ) ,Volume and Activity ( Number of transactions ) of each buying and selling wave.

And in as far you understand the market ? YOU WILL THINK IN WAVES.

Motorway

<blockquote data-quote="motorway" data-source="post: 677013" data-attributes="member: 7360">Richard==&gt;David==&gt;There is complete Description of Wave Charts in Richard Wyckoff 1931 Course.I would make this point. Richard Wyckoff was the master of Volume Analysis. Too many focus on volume to the exclusion of other aspects&nbsp; that are as Important.There is Price , Time and Volume. All seen in relation to Position.Note this quote form His 1932 tape reading Course..Also note a&nbsp; Question he answered in 1912 to a reader in the Magazine of Wallstreet.The reader was very impressed with&nbsp;&nbsp; VSA and asked about&nbsp; using volume and price like that.Richard impressed upon him that other vital factors were&nbsp; just as significant and just as Important as Price and Volume.. Especially the time Element.A proper wave chart even an EOD one is Built from the intra day waves.To what extent using EOD data will work would depend on how much information is being lost in each particular case. Sometimes it might not matter.Sometimes it maybe&nbsp; would matter a lot. esp maybe around turning points.A wave Chart .. Displays The Price ( Spread/range ) , Time ( Duration ) ,Volume and Activity ( Number of transactions ) of each buying and selling wave.And in as far you understand the market ? YOU WILL THINK IN WAVES.Motorway</blockquote>

[QUOTE="motorway, post: 677013, member: 7360"] Richard==> David==> There is complete Description of Wave Charts in Richard Wyckoff 1931 Course. I would make this point. Richard Wyckoff was the master of Volume Analysis. Too many focus on volume to the exclusion of other aspects that are as Important. There is Price , Time and Volume. All seen in relation to Position. Note this quote form His 1932 tape reading Course.. Also note a Question he answered in 1912 to a reader in the Magazine of Wallstreet. The reader was very impressed with VSA and asked about using volume and price like that. Richard impressed upon him that other vital factors were just as significant and just as Important as Price and Volume.. Especially the time Element. A proper wave chart even an EOD one is Built from the intra day waves. To what extent using EOD data will work would depend on how much information is being lost in each particular case. Sometimes it might not matter. Sometimes it maybe would matter a lot. esp maybe around turning points. A wave Chart .. Displays The Price ( Spread/range ) , Time ( Duration ) ,Volume and Activity ( Number of transactions ) of each buying and selling wave. And in as far you understand the market ? YOU WILL THINK IN WAVES. Motorway [/QUOTE]

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