Elliott Wave, Wyckoff, VSA

Learn to identify market manipulation on gold using Elliott Wave, Wyckoff, and VSA. Analyze price action on Daily and 4-hour timeframes to spot professional act

Published · Updated · Methodology: Mixed

Part of: Volume Analysis

  • Methodology: Mixed
  • Content type: educational
  • Timeframes: Daily, 4-hour
  • Markets: Gold (ORO)

Indicators used

  • Elliott Wave Theory
  • Wyckoff Methodology
  • Volume Spread Analysis (VSA)

Source video

Decoded from: ORO, elliott, wyckoff y VSA evitan el ENGAÑO by jordi marti — watch the original

Key timestamps:

  • 0:30 - Introduction to Gold analysis
  • 1:10 - Discussion of Elliott Wave structure
  • 2:00 - Wyckoff concepts (selling climax, automatic rally, secondary test)
  • 3:45 - First 'engaño' (trap) explained
  • 5:00 - Second 'engaño' (trap) explained
  • 6:30 - Long-term direction for Gold

Strategy overview

Volume analysis asks whether the participation behind a move supports the move itself — and this entry stacks three frameworks that all claim to answer that, which is the interesting part. Elliott Wave, Wyckoff and VSA are usually presented as independent confirmations, but they overlap by construction: the Wyckoff events named at 2:00 in the source video — selling climax, automatic rally, secondary test — are *defined* by their volume signatures, so Volume Spread Analysis is not a third vote arriving from outside, it is the reading layer those labels already presuppose. Elliott Wave contributes the one thing the other two do not: a count that places the phase inside a larger structure. Read that way, the stack is closer to one method carrying three vocabularies than to three separate opinions agreeing.

The recording's own time allocation points somewhere more specific than "combining methods." Framework setup runs from 0:30 to 3:45; from there the video spends its remaining chapters on two "engaños" — Spanish for traps, or deceptions — and the title ("ORO, elliott, wyckoff y VSA evitan el ENGAÑO") frames the whole exercise as avoiding one. That subject already has names inside the Wyckoff vocabulary the video uses: the spring that breaks support and fails, the upthrust that breaks resistance and fails. So the topic is arguably a failure mode rather than a method — the false break that recruits the wrong side before the real move — which is also where the verification problem sits, since a trap is only identifiable once it has resolved.

Two limits are worth stating plainly. First, the instrument is gold, and on gold the word "volume" is ambiguous in a way it is not for a single-venue contract: exchange-traded gold reports contracts actually traded, while OTC spot feeds typically substitute tick counts, and the recording does not specify which chart is on screen — a live question for any VSA reading, since the two are not the same measurement. Second, no rules were extracted from this video, so this page covers the concepts it names, the Daily and 4-hour context it works in, and how Jordi Martí's framing connects them — not a rule set. The video is in Spanish, and closes at 6:30 with a long-term directional view on gold, which is a conclusion rather than a procedure.

Topics

elliott wave · wyckoff methodology · vsa trading · gold trading strategy · market manipulation · price action · daily trading strategy · 4 hour trading · tradingview strategy · pine script strategy · technical analysis · swing trading

Frequently asked questions

What does each of Elliott Wave, Wyckoff and VSA contribute in a combined approach?

Broadly: Wyckoff supplies a phase vocabulary for accumulation and distribution (selling climax, automatic rally, secondary test), VSA reads the relationship between volume and the spread of individual bars, and Elliott Wave supplies a count that positions the current move inside a larger wave structure. The first two are the ones that overlap most, because Wyckoff's events are already volume-defined.

Does stacking three methods give three independent confirmations?

Not in the way the phrase suggests. Wyckoff's named events are identified partly by volume behaviour, which is exactly what VSA measures, so agreement between them is partly built in rather than earned. Treating overlapping frameworks as independent votes is a common way confluence gets overstated — worth knowing before assuming three agreeing methods mean three separate pieces of evidence.

What is an 'engaño' in trading terms?

"Engaño" is Spanish for a trap or deception — a move that appears to break a level and then fails, pulling in traders on the wrong side before price reverses. Wyckoff has specific names for these: a spring below support and an upthrust above resistance. The source video devotes its second half to two such cases on gold.

Does volume analysis work the same way on gold as on other markets?

It depends on the data source. Exchange-traded gold futures report actual contracts traded, while OTC spot gold charts usually display tick count as a volume proxy, since there is no central tape. Any volume-based reading of gold inherits whichever of those the chart is using, so identifying the feed matters before applying VSA logic to it.

About this strategy page

This trading strategy was decoded by Strategy Decoder's AI from a public YouTube trading video and turned into a structured, reviewable specification. In the interactive app this page shows the full entry and exit logic, risk management settings, the indicators involved with their parameters, AlgoWizard-compatible logic and a Pine Script export ready for TradingView backtesting — plus an automated backtest verdict when one has been computed for this strategy.

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