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vsa with Malcolm

  • #31,401
  • Dec 11, 2017 8:12am Dec 11, 2017 8:12am
Quoting malcolmb14
{quote} Move stops on gold sells to break even if you got at 1250
just exited, it was a nice trade.
a lot of VSA and VZA confirmations at the top of today
The more you learn the more you earn
  • #31,402
  • Dec 11, 2017 8:24am Dec 11, 2017 8:24am
Quoting freemind
{quote} just exited, it was a nice trade. a lot of VSA and VZA confirmations at the top of today
Still is a nice trade 1243 to 1239 target unless we see stopping volume ..trailing stop
Blogging daily now at www.volume.zone
  • #31,403
  • Dec 11, 2017 8:25am Dec 11, 2017 8:25am
Odines is right. That's why I tried to explain in September, that if you try to do both Wyckoff and VSA, you'll get confused.

What is called a gotcha bar down in VSA, Wyckoff called that a sign of weakness. In VSA an upbar on high volume is a sign of weakness, in Wyckoff it is a heavy volume downbar after distribution.

Yes, SM sells into herd buying, but if you keep shorting the immediate price action after a heavy volume upbar, you'll often get crushed, because you can't have a bearish market without distribution. Markup-Distribution-Markdown-Accumulation. This is in VSA as well, but they didn't expand on it, probably they were too occupied with the single candle signals.

A distribution is not simply high volume upbars, but it has an overarching look, as price rolls over at the top. You'll see both heavy volume on up and downbars, it is not the bars that important, but the fact that SM sells back the rallies. Sometimes it or they turn(s) out a green candle(s), sometimes a red(s), it is only a matter of time, when it closes, how it looks.

Also you can have more upside even though distribution started, and then you'll still get crushed if you short too early the high volume up candles.

Perfect example is GU. It is under distribution, starting from Nov. 28th. Sometimes high volume is on green bar, sometimes red, doesn't matter. What matters is, that there was a rally prior november 28, and volume starts to come in after a rally at higher prices. All the high volume is selling after 28th on whatever color candle. If they want to bull something, they make it look bearish and heavy volume starts to come in after a reaction, not after a rally like in this case.

Point is, if you take the rule "strength always on red bar, weakness always on green bar" at face value, you are missing a lot. And I think VSA is expanding on this as well, but our brain is lazy, and likes the simple rules. Trading is not this simple.
Attached Image (click to enlarge)
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Price and volume reveals everything. The market moves on supply and demand.
  • #31,404
  • Dec 11, 2017 12:04pm Dec 11, 2017 12:04pm
Quoting malcolmb14
{quote} Lol I am dreaming 3320 / 3280
1st target in sight .... trailing stop down
Blogging daily now at www.volume.zone
  • #31,405
  • Dec 11, 2017 12:09pm Dec 11, 2017 12:09pm
Quoting Darastonius
Odines is right. That's why I tried to explain in September, that if you try to do both Wyckoff and VSA, you'll get confused. What is called a gotcha bar down in VSA, Wyckoff called that a sign of weakness. In VSA an upbar on high volume is a sign of weakness, in Wyckoff it is a heavy volume downbar after distribution. Yes, SM sells into herd buying, but if you keep shorting the immediate price action after a heavy volume upbar, you'll often get crushed, because you can't have a bearish market without distribution. Markup-Distribution-Markdown-Accumulation....
trading is simple to be honest ....this is a very detailed post ... and lots of information in it.

why is trading simple ? ... thats easy .. wait for a trade to form , wait for trend alignment on 60 min down and trade sos or sow with the trend ... the only thing here that is a traders enemy is thier own lack of patience.

my gold , gbp , dax trades today all based on this principle.
Blogging daily now at www.volume.zone
  • #31,406
  • Edited 2:17pm Dec 11, 2017 12:58pm | Edited 2:17pm
Quoting Darastonius
Trading is not this simple. {image}
Why not? Trading can be as simple or as complicated as we choose to make it.
Today's zone = Tomorrow's opportunity!
  • #31,407
  • Dec 11, 2017 3:43pm Dec 11, 2017 3:43pm
Quoting pres78
{quote} Why not? Trading can be as simple or as complicated as we choose to make it.
Trading is simple but our brain make it complicated. The hard thing it’s changing our neuropathic behaviours and how we approach into trading.

Trading is is more than taking a computer, setup and a chart. In my opinion trading is a set of skills, you need more than one to be a successful trader.


You need money.
You need experience.
You need time.
You need calm.
You need to have a good quality of life.
You need to workout everyday.
You need constantly study yourself.

I can say many other things, but the real thing is our brain won’t take it easy, but once we understand trading is not that simple as take a computer and a chart and make money is when you start your real path to succes in trading.

I can say I’ve seen many people here and there. And no more than 2 know the real feeling of how is like to be a successful.


Trading is extremely dificult if you don’t open your mind and understand that trading is not only the actual trade. Trading is a whole change in your life. You need to create patterns in your brain that we aren’t taught ever.


Trading is a set of skill and translating it into profits if harder. So don’t ever think you can get there without changing your complete life.
Know yourself before fight with the market.
  • #31,408
  • Edited 4:17pm Dec 11, 2017 3:55pm | Edited 4:17pm
Quoting Autrader
{quote} So don’t ever think you can get there without changing your complete life.
I am not sure if your response to my comment which was made in response to someone else's comment was actually directed at me. If so then I think you've taken my very simple question and spent too much time answering it with a very complicated response that I wasn't looking for. I don't need to completely change my life as I have already found my successful path in trading. My comment was meant as nothing more than to question the comment that trading wasn't simple when in fact it is when you have found and can exploit your edge.

If your response was just a general comment on trading and life then I will agree with you in that trading and being successful at it is about far more than just being able to read a chart and pick out possible trades... far more. It is a business and needs to be treated as such.
Today's zone = Tomorrow's opportunity!
  • #31,409
  • Dec 11, 2017 4:00pm Dec 11, 2017 4:00pm
Quoting pres78
{quote} I am not sure if your response to my comment which was made in response to someone else's comment was actually directed at me. If so then I think you've taken my very simple question and spent too much time answering it with a very complicated response that I wasn't looking for. I don't need to completely change my life as I have already found my successful path in trading. My comment was meant as nothing more than to question the comment that trading wasn't simple when in fact it is when you have found and can exploit your edge.

I was just taking the point. Not directly to you. What I meant is you only can say trading is simple after you reached your path as you say.
Know yourself before fight with the market.
  • #31,410
  • Dec 11, 2017 7:14pm Dec 11, 2017 7:14pm
Quoting malcolmb14
{quote} Still is a nice trade 1243 to 1239 target unless we see stopping volume ..trailing stop
1st target reached some profit taken

stop moved down to lock in some profit on balance
Blogging daily now at www.volume.zone
  • #31,411
  • Dec 11, 2017 7:39pm Dec 11, 2017 7:39pm
Quoting Autrader
{quote} Trading is simple but our brain make it complicated. The hard thing it’s changing our neuropathic behaviours and how we approach into trading. Trading is is more than taking a computer, setup and a chart. In my opinion trading is a set of skills, you need more than one to be a successful trader. You need money. You need experience. You need time. You need calm. You need to have a good quality of life. You need to workout everyday. You need constantly study yourself. I can say many other things, but the real thing is our brain won’t take...
good morning

what an amazing post !

you need money.
you need to have enough money that you can lose. How much money you need is dependdent on your objectives and your risk . $5000 is what gavin says you should have for a retail account. If you trade the right trades you can make $1500 to $3000 a month off this and build your account slowly.

you need calm ....

Peace of mind is critical in trading. If you have turmoil in your mind you cannot think . If you are hungry for money you will be inpateint to trade and make mistakes. i pray ... morning noon and evening. It gives me inner peace and my connection with God gives me complete calm .

you need experience.

Not 100 percent in agreement. I recently subscribed to sharpshooter add on and experimented with trading using only the sos or sow that it generated in a trend .. results are insane.. all you need is follow it and have patience for set ups to come.

experience without a tool like tradeguider is a must though

you need time.

A key one ...with time you can focus. if you are trying to trade and rescue old people from dying (Luis lol ) you will make mistakes you will not have a calm mind.

I still work as i earn a shed load of money from what i do and its not so hard for me .. and use sharpshooter in the background to trade..... so yes you can trade and have a desk job , but if you are a policeman etc and trying to trade and work running all over the place trading off your phone ... it will be a disaster


Quality of life...
This starts with a happy family life . Be respectful to the loved ones around you, give them your time. if you live far from them call them often. Be kind to your wife / partner .. be patient with your kids.

you need to work out each day

workout in the morning is amazing and sets up your mind and body for the day . I wake up pray and then do my work out before I head to the office . A healthy body =a healthy mind. Also when you work out the energy you have to interact with the loved ones around ( good sex with partner , playing or doing sport with kids, in gernal not being lazy will have profound effects on your life )

I want to add one .... and not getting all religious on any of you or yoga weirdo

You need to meditate ..

prayer if you are religious or yoga if not, The immense effects meditation have on your peace of mind and happiness of heart have huge effects on your life. My own journey I recently started getting close to God and praying often through out the day and the effect this has had in all aspects of my life has been amazing ! its not for everyone .... yoga has the same effect .

Keepp the amazing posts coming eveyone . We are all here to help and touch each others lives , and one thing said in a post may have an ever lasting effect on someone

Austraders post was very amazing ... thanks Aus


Experience without some tool like sharpshooter is a must though.
Blogging daily now at www.volume.zone
  • #31,412
  • Dec 11, 2017 8:02pm Dec 11, 2017 8:02pm
Quoting malcolmb14
{quote} good morning what an amazing post ! you need money. you need to have enough money that you can lose. How much money you need is dependdent on your objectives and your risk . $5000 is what gavin says you should have for a retail account. If you trade the right trades you can make $1500 to $3000 a month off this and build your account slowly. you need calm .... Peace of mind is critical in trading. If you have turmoil in your mind you cannot think . If you are hungry for money you will be inpateint to trade and make mistakes. i pray ... morning...

Thanks it was with the heart.

PPL nowadays says trading is easy and is not hell easy, is hard. And people need to understand and prepare for this journey, which is one of the most complex things in the world.


Keep it up. Happy trading week.
Know yourself before fight with the market.
  • #31,413
  • Dec 11, 2017 9:55pm Dec 11, 2017 9:55pm
Quoting malcolmb14
{quote} good morning what an amazing post ! you need money. you need to have enough money that you can lose. How much money you need is dependdent on your objectives and your risk . $5000 is what gavin says you should have for a retail account. If you trade the right trades you can make $1500 to $3000 a month off this and build your account slowly. you need calm .... Peace of mind is critical in trading. If you have turmoil in your mind you cannot think . If you are hungry for money you will be inpateint to trade and make mistakes. i pray ... morning...
" Experience without some tool like sharpshooter is a must though." What is sharpshooter sir can you please provide us with link or any more information on this please . THANK YOU
  • #31,414
  • Dec 11, 2017 10:49pm Dec 11, 2017 10:49pm
Quoting HumbleLearne
{quote} " Experience without some tool like sharpshooter is a must though." What is sharpshooter sir can you please provide us with link or any more information on this please . THANK YOU
its for sale by Tradeguider.com $200 a month .. but best $200 you will ever spend.
Blogging daily now at www.volume.zone
  • #31,415
  • Dec 11, 2017 10:50pm Dec 11, 2017 10:50pm
yesterday I mentioned Gold coming into supply area .. sell off 1250.3 ...here is the trade set up for newbies and oldbies to learn from

Trading is a game of patience. This trade took 24 hours to form .

At 1:

This is the NFP news bar. We see an effort to rise hit by supply. The volume is ultrahigh. We see the bar closes in tis lower 1/3 . This has to be sellers entering the market.

At 2:

The price went above the high of the bar at 1 and closed in it's lows . This confirms the sellers at bar 1. The volume was also ultrahigh and we closed on the lows of the bar . This pattern is always supply entering the market

At 3:

Asia / Early Euro session we see a slow trickle up to test the supply area at 1250 that we saw on Friday. It's very normal for smart money to do this and markets do not always drop immediately on supply entering the market. We always get more than one opportunity to enter the trade.


At 4:
We see an up bar that closed off its highs with ultrahigh volume , confirming the sellers we saw at Friday.

The sell is under the low of that bar and the stop above.
Attached Image (click to enlarge)
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  • #31,416
  • Dec 11, 2017 10:53pm Dec 11, 2017 10:53pm
Two other places to enter if you missed the top and very clear trades

5 and 6 .. ultra high volume up bars closing in or near lower half
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  • #31,417
  • Dec 11, 2017 11:19pm Dec 11, 2017 11:19pm
Quoting Autrader
{quote} Thanks it was with the heart. PPL nowadays says trading is easy and is not hell easy, is hard. And people need to understand and prepare for this journey, which is one of the most complex things in the world. Keep it up. Happy trading week.
trading is simple .... invest $5000 in bitcoin .. come back a week later you are a billionaire
Blogging daily now at www.volume.zone
  • #31,418
  • Dec 11, 2017 11:19pm Dec 11, 2017 11:19pm
Quoting malcolmb14
{quote} trading is simple .... invest $5000 in bitcoin .. come back a week later you are a billionaire
Bitcoin is a disaster waiting to happen .. it will cause the next economic crash
Blogging daily now at www.volume.zone
  • #31,419
  • Dec 11, 2017 11:26pm Dec 11, 2017 11:26pm
very interesting usdcad chart and a trade I am stalking

if we get under the wide spread uh supply bar close marked we are under the demand we saw on Friday
Attached Image (click to enlarge)
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  • #31,420
  • Dec 11, 2017 11:46pm Dec 11, 2017 11:46pm
Calm now .... I wait till open range forms and then start my trading.

In Dubai that is after 12:30 pm .

We have ALL day to find trades .. no need to hurry
Blogging daily now at www.volume.zone
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