Without VSA, you're playing checkers while the Smart Money plays chess.
- #31,781
- Apr 20, 2018 6:41pm Apr 20, 2018 6:41pm
- Joined Aug 2009 | Status: Reading the TAPE | 2,389 Posts
- #31,783
- Edited 7:38am Apr 23, 2018 6:02am | Edited 7:38am
Second verse
Thank you, I created this mainly thanks to your knowledge/inputs here. Some way ahead of me, I will try to find the best of the best signals (VSA signals filtered out) and then create a dashboard out of this (market in a snapshot, 30 pairs with ready to take signals).
The main idea is to hunt for "the end of correction" signals during moderate or strong trends. Sometimes it works like a charm (in established trends)...
I enjoy your clean screens and easy to understand posts, thank you again Hidden.
- #31,784
- Apr 24, 2018 4:43pm Apr 24, 2018 4:43pm
Second verse, same as the first......... {image}
hi HG your post very interesting me that's credit all for you it's brilliant analysis..
i save now word file your brilliant analysis everything
i have A small question i cant's understand expain chart price action short cut...
can you fully explain it sir?
uptrust
krb
nz
squat
test
nsp
shake out
HG are you not see this post?
- #31,785
- Edited 2:17am Apr 25, 2018 2:04am | Edited 2:17am
{quote} {quote} HG are you not see this post?
I can share what I did before.
https://www.forexfactory.com/search....archid=3273352 - this is list of all Hidden Gap's posts.
Put a keyword in search engine there (example below)
Read explanations in following 9 posts. Preferably read all posts with examples on charts. You can throw this in a Word document and add more examples from time to time as you study.
If you want to study VSA it would be good to reach for original Tom Williams books, videos and courses.
A lot is here:
https://www.youtube.com/user/volumes...ctivity_view=3
https://www.youtube.com/channel/UCx2...CKfhUoE7JLQRyQ
Hope posting this links is not forbidden, if is please remove it.
- #31,788
- Edited Apr 26, 2018 10:13am Apr 25, 2018 8:05pm | Edited Apr 26, 2018 10:13am
- Joined Aug 2009 | Status: Reading the TAPE | 2,389 Posts
{quote} I don't know your experience in public forums, but it is good to know that in general asking senior members for basics explanations is considered impolite. Especially if you have a list of pretty basics terms.....
{quote} hi HG your post very interesting me that's credit all for you it's brilliant analysis.. i save now word file your brilliant analysis everythingi have A small question i cant's understand explain chart price action short cut... can you fully explain it sir? uptrust krb nz squat test nsp shake out {image}
All the definitions can be found in the thread. More importantly, most of the definitions can be found in Master the Markets. If you haven't read it yet, please do so. If you've read it once, read it again. Don't stop reading it. With that said, I do have a few things to say about a couple of the terms.
Key Reversal Bar (KRB): This is a price action term and, depending on your trading style, is of little import. You can google the term if you wish. Keep in mind there is more than one definition.
Squat: While not explicitly mentioned in Master the Markets, this is one of the most important concepts in it. Two of the most important signals in VSA are the End of a Rising Market, and Bag Holding. Each is characterized by a narrow range with increasing volume. That's the short hand definition of a squat-an interval with a narrower range than the previous interval and with greater volume than the previous interval also. According to Bill Williams, author of Trading Chaos, all trends end 1-5 bars after the appearance of a squat. That does not mean every squat signals the end of a trend, but every end of trend has a squat interval among the last 1-5 bars.
Edit: Sorry folks. I had to cut the post abruptly. But if anyone wants to discuss (which implies more than a one-sided conversation by me) the importance of range and volume, I'm game.
Without VSA, you're playing checkers while the Smart Money plays chess.
- #31,790
- Apr 26, 2018 9:57am Apr 26, 2018 9:57am
- Joined Aug 2009 | Status: Reading the TAPE | 2,389 Posts
Without VSA, you're playing checkers while the Smart Money plays chess.
- #31,791
- Edited 10:37am Apr 26, 2018 10:20am | Edited 10:37am
All VSAers have to be able to see this. Take a look at the chart below. Notice the first black arrow. It points to a Wide Range Bar (WRB) on Ultra High Volume. The following bar has INCREASING volume but a decreasing range. It is a squat. In VSA we might term this interval a Buying Climax. We might even go further and note this interval has massive effort with little result. Not only is there little result in terms of range, but the close is well off the high. Two intervals later, we see a ND bar; which also turns out to be the first bar in a Two...
As always clear, close to perefction.Tried to catch this move five pips lower, but market didnt come there and the volume was far too strong.
Maybe now it will fall, and create vol divergence with new low and lower volume there, depending on aa approach I might try to catch a long here.
- #31,793
- Apr 26, 2018 12:31pm Apr 26, 2018 12:31pm
- Joined Aug 2009 | Status: Reading the TAPE | 2,389 Posts
Without VSA, you're playing checkers while the Smart Money plays chess.
- #31,798
- Edited 2:01pm Apr 27, 2018 1:48pm | Edited 2:01pm
- Joined Aug 2009 | Status: Reading the TAPE | 2,389 Posts
Without VSA, you're playing checkers while the Smart Money plays chess.
